Stephens reissued their equal weight rating on shares of Triumph Financial (NASDAQ:TFIN – Free Report) in a research note published on Thursday morning,Benzinga reports. The firm currently has a $109.00 price target on the stock.
TFIN has been the subject of several other reports. B. Riley restated a “neutral” rating and set a $65.00 price target on shares of Triumph Financial in a report on Wednesday, October 2nd. DA Davidson upped their price target on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to data from MarketBeat, Triumph Financial has a consensus rating of “Hold” and an average target price of $80.60.
Read Our Latest Research Report on Triumph Financial
Triumph Financial Price Performance
Triumph Financial (NASDAQ:TFIN – Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share 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%. On average, analysts predict that Triumph Financial will post 1.71 EPS for the current year.
Insider Activity
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 transaction of $1,435,860.00. Following the sale, the chief executive officer now owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 6.15% of the stock is owned by company insiders.
Institutional Trading of Triumph Financial
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hodges Capital Management Inc. raised its stake in shares of Triumph Financial by 42.3% in the fourth quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company’s stock valued at $13,490,000 after acquiring an additional 44,100 shares during the last quarter. Precision Wealth Strategies LLC raised its holdings in shares of Triumph Financial by 2.7% in the fourth quarter. Precision Wealth Strategies LLC now owns 5,354 shares of the company’s stock valued at $487,000 after buying an additional 141 shares during the last quarter. KBC Group NV grew its holdings in Triumph Financial by 51.9% during the 4th quarter. KBC Group NV now owns 1,212 shares of the company’s stock worth $110,000 after acquiring an additional 414 shares during the last quarter. Blue Trust Inc. increased its position in Triumph Financial by 43.4% in the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after acquiring an additional 204 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC bought a new position in shares of Triumph Financial in the fourth quarter worth about $215,000. Institutional investors own 91.11% 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.
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