Anthracite Investment Company Inc. Has $2.44 Million Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Anthracite Investment Company Inc. lowered its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 13.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,844 shares of the company’s stock after selling 4,000 shares during the period. Anthracite Investment Company Inc. owned approximately 0.11% of Triumph Financial worth $2,440,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in Triumph Financial during the 3rd quarter valued at $49,000. Smartleaf Asset Management LLC increased its position in shares of Triumph Financial by 310.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock worth $51,000 after acquiring an additional 426 shares in the last quarter. Blue Trust Inc. increased its position in shares of Triumph Financial by 43.4% during the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $61,000 after acquiring an additional 204 shares in the last quarter. KBC Group NV raised its holdings in shares of Triumph Financial by 51.9% in the 4th quarter. KBC Group NV now owns 1,212 shares of the company’s stock worth $110,000 after acquiring an additional 414 shares during the last quarter. Finally, Mechanics Bank Trust Department bought a new position in Triumph Financial in the 4th quarter valued at about $202,000. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Price Performance

Triumph Financial stock opened at $64.22 on Wednesday. Triumph Financial, Inc. has a 12 month low of $58.22 and a 12 month high of $110.58. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. The business’s 50 day simple moving average is $72.01 and its 200 day simple moving average is $83.90. The company has a market cap of $1.50 billion, a price-to-earnings ratio of 118.93 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 EPS 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%. Sell-side analysts forecast that Triumph Financial, Inc. will post 1.08 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on TFIN shares. Stephens reissued an “equal weight” rating and issued a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. DA Davidson lowered their price target 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. Finally, Keefe, Bruyette & Woods raised shares of Triumph Financial from an “underperform” rating to a “market perform” rating and cut their price objective for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $79.00.

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.