KBC Group NV Purchases 253 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

KBC Group NV lifted its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 46.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 798 shares of the company’s stock after acquiring an additional 253 shares during the quarter. KBC Group NV’s holdings in Triumph Financial were worth $63,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in Triumph Financial by 122.7% during the third quarter. Blue Trust Inc. now owns 470 shares of the company’s stock valued at $38,000 after purchasing an additional 259 shares during the last quarter. nVerses Capital LLC lifted its stake in shares of Triumph Financial by 200.0% during the 2nd quarter. nVerses Capital LLC now owns 900 shares of the company’s stock valued at $74,000 after buying an additional 600 shares in the last quarter. Profund Advisors LLC bought a new position in Triumph Financial in the 2nd quarter worth approximately $209,000. Wallace Advisory Group LLC purchased a new position in Triumph Financial in the 2nd quarter valued at approximately $246,000. Finally, Federated Hermes Inc. raised its holdings in Triumph Financial by 8.1% during the 2nd quarter. Federated Hermes Inc. now owns 3,504 shares of the company’s stock valued at $286,000 after acquiring an additional 264 shares during the period. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on TFIN. DA Davidson raised their price target on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. B. Riley restated a “neutral” rating and issued a $65.00 target price on shares of Triumph Financial in a research note on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $71.60.

Triumph Financial Stock Up 2.8 %

TFIN opened at $105.06 on Friday. The firm has a market capitalization of $2.46 billion, a P/E ratio of 134.69 and a beta of 1.18. Triumph Financial, Inc. has a one year low of $66.61 and a one year high of $106.03. The company has a fifty day moving average price of $87.17 and a 200-day moving average price of $82.77. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99.

Triumph Financial (NASDAQ:TFIN) last posted its earnings results on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. The business had revenue of $125.57 million during the quarter, compared to analysts’ expectations of $106.29 million. During the same period in the previous year, the business earned $0.51 earnings per share. Equities research analysts expect that Triumph Financial, Inc. will post 0.62 earnings per share for the current fiscal year.

Triumph Financial Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.