Barrow Hanley Mewhinney & Strauss LLC Sells 34,162 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Barrow Hanley Mewhinney & Strauss LLC cut its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 3.9% in the fourth quarter, HoldingsChannel reports. The fund owned 842,467 shares of the company’s stock after selling 34,162 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Triumph Financial were worth $76,563,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its holdings in Triumph Financial by 310.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock worth $51,000 after buying an additional 426 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Triumph Financial during the third quarter worth $49,000. Blue Trust Inc. lifted its stake in shares of 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 period. KBC Group NV increased its position in Triumph Financial by 51.9% in the fourth quarter. KBC Group NV now owns 1,212 shares of the company’s stock worth $110,000 after purchasing an additional 414 shares during the period. Finally, Mechanics Bank Trust Department bought a new stake in Triumph Financial during the 4th quarter worth about $202,000. 91.11% of the stock is currently owned by institutional investors and hedge funds.

Triumph Financial Stock Down 4.0 %

Shares of NASDAQ:TFIN opened at $58.80 on Friday. The company has a 50 day moving average price of $70.21 and a two-hundred day moving average price of $83.49. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $1.38 billion, a PE ratio of 108.89 and a beta of 1.22. Triumph Financial, Inc. has a 52 week low of $58.07 and a 52 week high of $110.58.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings data 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%. Analysts forecast that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.