NFC Investments LLC Sells 2,510 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

NFC Investments LLC decreased its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 135,405 shares of the company’s stock after selling 2,510 shares during the period. Triumph Financial makes up about 3.4% of NFC Investments LLC’s investment portfolio, making the stock its 11th largest position. NFC Investments LLC owned 0.58% of Triumph Financial worth $12,306,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Quantbot Technologies LP bought a new position in Triumph Financial during the third quarter valued at $49,000. Smartleaf Asset Management LLC increased its position in Triumph Financial by 310.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock valued at $51,000 after acquiring an additional 426 shares during the last quarter. Blue Trust Inc. increased its position in Triumph Financial by 43.4% during the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after acquiring an additional 204 shares during the last quarter. KBC Group NV increased its position in Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after acquiring an additional 253 shares during the last quarter. Finally, Mechanics Bank Trust Department bought a new position in Triumph Financial during the fourth quarter valued at $202,000. Institutional investors own 91.11% of the company’s stock.

Analyst Ratings Changes

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

Triumph Financial Stock Up 2.2 %

NASDAQ:TFIN opened at $61.09 on Monday. Triumph Financial, Inc. has a 1-year low of $58.22 and a 1-year high of $110.58. The company has a 50-day moving average of $75.40 and a 200 day moving average of $84.86. The firm has a market cap of $1.43 billion, a PE ratio of 113.13 and a beta of 1.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates 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, research analysts anticipate that Triumph Financial, Inc. will post 1.08 EPS for the current fiscal year.

About Triumph Financial

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.