Triumph Financial, Inc. $TFIN Shares Acquired by UBS Group AG

UBS Group AG increased its stake in Triumph Financial, Inc. (NYSE:TFIN) by 13.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 102,530 shares of the company’s stock after acquiring an additional 12,005 shares during the period. UBS Group AG owned approximately 0.43% of Triumph Financial worth $6,421,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp boosted its position in shares of Triumph Financial by 85.4% in the third quarter. Fifth Third Bancorp now owns 497 shares of the company’s stock worth $25,000 after acquiring an additional 229 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Triumph Financial by 66.8% in the third quarter. EverSource Wealth Advisors LLC now owns 522 shares of the company’s stock worth $26,000 after acquiring an additional 209 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Triumph Financial by 46.1% in the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock worth $31,000 after acquiring an additional 155 shares during the last quarter. AlphaQuest LLC acquired a new stake in shares of Triumph Financial in the third quarter worth approximately $56,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of Triumph Financial by 28.1% in the third quarter. PNC Financial Services Group Inc. now owns 2,342 shares of the company’s stock worth $117,000 after acquiring an additional 514 shares during the last quarter. 91.11% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Triumph Financial news, insider Todd Ritterbusch purchased 7,000 shares of Triumph Financial stock in a transaction on Friday, May 8th. The shares were purchased at an average cost of $67.01 per share, with a total value of $469,070.00. Following the completion of the transaction, the insider directly owned 22,804 shares in the company, valued at approximately $1,528,096.04. This represents a 44.29% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.51% of the stock is currently owned by company insiders.

Triumph Financial Stock Down 1.1%

Shares of TFIN stock opened at $62.54 on Wednesday. The firm has a market capitalization of $1.49 billion, a PE ratio of 52.55 and a beta of 1.40. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a fifty-two week low of $46.43 and a fifty-two week high of $77.84. The firm’s 50 day simple moving average is $61.82.

Triumph Financial (NYSE:TFIN) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The firm had revenue of $105.80 million for the quarter, compared to analysts’ expectations of $106.88 million. Triumph Financial had a net margin of 6.07% and a return on equity of 3.97%. On average, equities analysts forecast that Triumph Financial, Inc. will post 1.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TFIN has been the topic of several research analyst reports. Wall Street Zen raised shares of Triumph Financial from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Triumph Financial in a research report on Tuesday, May 12th. Zacks Research cut shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. DA Davidson reaffirmed a “neutral” rating and set a $60.00 price target on shares of Triumph Financial in a research report on Wednesday, April 22nd. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Triumph Financial from $66.00 to $70.00 and gave the company a “market perform” rating in a research report on Wednesday, January 28th. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $64.75.

Triumph Financial Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.