Smartleaf Asset Management LLC Has $51,000 Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Smartleaf Asset Management LLC boosted its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 310.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 563 shares of the company’s stock after buying an additional 426 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Triumph Financial were worth $51,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TFIN. Quantbot Technologies LP acquired a new stake in Triumph Financial in the 3rd quarter worth $49,000. Blue Trust Inc. grew its position in Triumph Financial by 43.4% in the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $61,000 after purchasing an additional 204 shares during the last quarter. KBC Group NV grew its position in Triumph Financial by 46.4% in the 3rd quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after purchasing an additional 253 shares during the last quarter. Mechanics Bank Trust Department acquired a new stake in Triumph Financial in the 4th quarter worth $202,000. Finally, Cottonwood Capital Advisors LLC acquired a new stake in Triumph Financial in the 4th quarter worth $215,000. 91.11% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TFIN has been the topic of several research analyst reports. Stephens restated an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an “underperform” rating to a “market perform” rating and decreased their target price for the company from $80.00 to $74.00 in a research report on Thursday, February 27th. Finally, DA Davidson decreased their target price on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $79.00.

Triumph Financial Trading Down 4.3 %

Shares of TFIN stock opened at $59.71 on Tuesday. Triumph Financial, Inc. has a 12-month low of $59.51 and a 12-month high of $110.58. The company has a market capitalization of $1.40 billion, a P/E ratio of 110.58 and a beta of 1.22. The firm has a 50-day moving average price of $77.80 and a 200 day moving average price of $85.55. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. Research analysts forecast that Triumph Financial, Inc. will post 1.08 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.