Triumph Financial, Inc. (NYSE:TFIN) Given Average Recommendation of “Hold” by Analysts

Shares of Triumph Financial, Inc. (NYSE:TFIN) have been given a consensus recommendation of “Hold” by the six ratings firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $64.75.

TFIN has been the subject of a number of research analyst reports. DA Davidson reaffirmed a “neutral” rating and issued a $60.00 target price on shares of Triumph Financial in a report on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a research report on Tuesday, May 12th. Finally, Zacks Research upgraded Triumph Financial from a “hold” rating to a “strong-buy” rating in a report on Monday, June 22nd.

Insider Activity at Triumph Financial

In other news, EVP Edward Joseph Schreyer sold 2,900 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.70, for a total value of $193,430.00. Following the transaction, the executive vice president directly owned 18,434 shares in the company, valued at $1,229,547.80. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Todd Ritterbusch purchased 7,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average price of $67.01 per share, for a total transaction of $469,070.00. Following the acquisition, the insider directly owned 22,804 shares of the company’s stock, valued at $1,528,096.04. This trade represents a 44.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 5.51% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of TFIN. M&T Bank Corp raised its stake in shares of Triumph Financial by 235.5% during the fourth quarter. M&T Bank Corp now owns 40,628 shares of the company’s stock valued at $2,545,000 after purchasing an additional 28,519 shares during the period. Investment Management Associates Inc. ADV grew its stake in Triumph Financial by 34.2% in the fourth quarter. Investment Management Associates Inc. ADV now owns 340,161 shares of the company’s stock worth $21,304,000 after purchasing an additional 86,761 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Triumph Financial by 1,217.8% in the 4th quarter. SG Americas Securities LLC now owns 93,553 shares of the company’s stock worth $5,859,000 after acquiring an additional 86,454 shares in the last quarter. Empirical Capital Management LLC bought a new stake in Triumph Financial during the fourth quarter valued at $1,298,000. Finally, UBS Group AG grew its position in shares of Triumph Financial by 13.3% during the 4th quarter. UBS Group AG now owns 102,530 shares of the company’s stock valued at $6,421,000 after buying an additional 12,005 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Trading Down 0.4%

Shares of Triumph Financial stock opened at $78.00 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The company’s 50-day simple moving average is $71.67 and its 200-day simple moving average is $66.09. Triumph Financial has a 52-week low of $46.43 and a 52-week high of $80.47. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 65.55 and a beta of 1.39.

Triumph Financial (NYSE:TFIN) last issued its earnings results on Tuesday, April 21st. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. The business had revenue of $105.80 million during the quarter, compared to the consensus estimate of $106.88 million. Triumph Financial had a return on equity of 3.97% and a net margin of 6.07%. As a group, equities research analysts anticipate that Triumph Financial will post 1.88 earnings per share for the current year.

Triumph Financial Company 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.