Triumph Financial, Inc. (NASDAQ:TFIN) Holdings Decreased by Sei Investments Co.

Sei Investments Co. lessened its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 3.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,569 shares of the company’s stock after selling 2,741 shares during the period. Sei Investments Co. owned 0.37% of Triumph Financial worth $7,958,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Intech Investment Management LLC lifted its stake in Triumph Financial by 44.5% during the third quarter. Intech Investment Management LLC now owns 6,185 shares of the company’s stock valued at $492,000 after purchasing an additional 1,906 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Triumph Financial by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company’s stock valued at $15,553,000 after acquiring an additional 7,021 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Triumph Financial during the 3rd quarter worth $49,000. BNP Paribas Financial Markets boosted its stake in shares of Triumph Financial by 77.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company’s stock worth $1,199,000 after acquiring an additional 6,601 shares in the last quarter. Finally, Verition Fund Management LLC grew its holdings in shares of Triumph Financial by 44.3% in the 3rd quarter. Verition Fund Management LLC now owns 3,853 shares of the company’s stock worth $306,000 after acquiring an additional 1,182 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Stephens reaffirmed an “equal weight” rating and issued a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods upgraded Triumph Financial from an “underperform” rating to a “market perform” rating and lowered their price target for the company from $80.00 to $74.00 in a report on Thursday, February 27th. Finally, DA Davidson reduced their price objective on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $79.00.

Triumph Financial Stock Performance

Shares of NASDAQ:TFIN opened at $58.80 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The business’s fifty day moving average price is $70.21 and its two-hundred day moving average price is $83.53. Triumph Financial, Inc. has a fifty-two week low of $58.07 and a fifty-two week high of $110.58. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 108.89 and a beta of 1.22.

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