Triumph Financial, Inc. (NASDAQ:TFIN) Shares Bought by Precision Wealth Strategies LLC

Precision Wealth Strategies LLC lifted its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,354 shares of the company’s stock after buying an additional 141 shares during the quarter. Precision Wealth Strategies LLC’s holdings in Triumph Financial were worth $487,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TFIN. Thrivent Financial for Lutherans grew its holdings in Triumph Financial by 1.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock worth $91,975,000 after acquiring an additional 13,510 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Triumph Financial by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 518,112 shares of the company’s stock valued at $41,218,000 after purchasing an additional 8,609 shares in 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 worth $15,553,000 after purchasing an additional 7,021 shares during the last quarter. Hodges Capital Management Inc. grew its stake in shares of Triumph Financial by 0.5% during the third quarter. Hodges Capital Management Inc. now owns 104,335 shares of the company’s stock worth $8,299,000 after purchasing an additional 500 shares in the last quarter. Finally, Barclays PLC increased its holdings in Triumph Financial by 88.8% in the third quarter. Barclays PLC now owns 51,325 shares of the company’s stock valued at $4,082,000 after buying an additional 24,144 shares during the last quarter. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the completion of the sale, the chief executive officer now directly owns 151,533 shares of the company’s stock, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 6.15% of the company’s stock.

Analyst Upgrades and Downgrades

TFIN has been the subject of several analyst reports. DA Davidson lowered their price objective on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and issued a $80.00 price target (down from $85.00) on shares of Triumph Financial in a report on Friday, January 24th. Finally, Stephens reissued an “equal weight” rating and set a $109.00 price objective on shares of Triumph Financial in a report on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $80.20.

Triumph Financial Trading Down 0.3 %

TFIN opened at $77.06 on Friday. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 142.71 and a beta of 1.24. Triumph Financial, Inc. has a 52 week low of $66.85 and a 52 week high of $110.58. The business’s 50 day moving average is $92.98 and its two-hundred day moving average is $88.27. 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 released its quarterly 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 net margin of 3.30% and a return on equity of 1.93%. On average, research analysts predict that Triumph Financial, Inc. will post 1.37 EPS for the current 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.