Everence Capital Management Inc. Sells 2,080 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Everence Capital Management Inc. lowered its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 41.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,960 shares of the company’s stock after selling 2,080 shares during the quarter. Everence Capital Management Inc.’s holdings in Triumph Financial were worth $269,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TFIN. Blue Trust Inc. raised its holdings in Triumph Financial by 122.7% during the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock worth $38,000 after purchasing an additional 259 shares during the last quarter. Quantbot Technologies LP acquired a new position in Triumph Financial in the third quarter valued at about $49,000. KBC Group NV boosted its holdings in Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after buying an additional 253 shares during the last quarter. Profund Advisors LLC acquired a new position in shares of Triumph Financial during the 2nd quarter worth about $209,000. Finally, LMR Partners LLP bought a new position in Triumph Financial during the 3rd quarter worth approximately $225,000. Institutional investors own 91.11% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. B. Riley reaffirmed a “neutral” rating and issued a $65.00 target price on shares of Triumph Financial in a research note on Wednesday, October 2nd. DA Davidson raised their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $71.60.

Triumph Financial Stock Down 1.6 %

Shares of TFIN stock opened at $86.53 on Wednesday. Triumph Financial, Inc. has a 12-month low of $66.85 and a 12-month high of $110.58. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The firm has a fifty day moving average of $97.36 and a 200-day moving average of $87.99. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 110.94 and a beta of 1.24.

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

Insider Transactions at Triumph Financial

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of Triumph Financial stock in a transaction on Friday, November 29th. The shares were sold at an average price of $106.36, for a total value of $1,435,860.00. Following the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at approximately $16,117,049.88. The trade was a 8.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.15% of the company’s stock.

Triumph Financial Company 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.