Americana Partners LLC Sells 226 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Americana Partners LLC lessened its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,807 shares of the company’s stock after selling 226 shares during the quarter. Americana Partners LLC’s holdings in Triumph Financial were worth $437,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TFIN. Blue Trust Inc. boosted its position in shares of Triumph Financial by 122.7% during the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock worth $38,000 after purchasing an additional 259 shares in the last quarter. Quantbot Technologies LP bought a new position in Triumph Financial in the 3rd quarter valued at about $49,000. KBC Group NV lifted its position in Triumph Financial by 46.4% in the 3rd quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after acquiring an additional 253 shares in the last quarter. Mechanics Bank Trust Department bought a new position in Triumph Financial in the 4th quarter valued at about $202,000. Finally, Cottonwood Capital Advisors LLC bought a new position in Triumph Financial in the 4th quarter valued at about $215,000. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Price Performance

Triumph Financial stock opened at $72.81 on Wednesday. Triumph Financial, Inc. has a 52 week low of $66.85 and a 52 week high of $110.58. The company’s 50 day moving average price is $86.25 and its two-hundred day moving average price is $87.21. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.71 billion, a P/E ratio of 134.84 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN) last posted its 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 return on equity of 1.93% and a net margin of 3.30%. On average, equities analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Insider Transactions at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 151,533 shares in the company, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.15% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on TFIN shares. DA Davidson dropped their price target on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and issued a $80.00 price target (down previously from $85.00) on shares of Triumph Financial in a research report on Friday, January 24th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a research report on Thursday, January 23rd. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat, Triumph Financial presently has a consensus rating of “Hold” and an average target price of $80.20.

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.