Triumph Financial (NASDAQ:TFIN) Upgraded at Keefe, Bruyette & Woods

Triumph Financial (NASDAQ:TFIN) was upgraded by equities researchers at Keefe, Bruyette & Woods from an “underperform” rating to a “market perform” rating in a note issued to investors on Thursday,Finviz reports. The brokerage currently has a $74.00 price target on the stock, down from their previous price target of $80.00. Keefe, Bruyette & Woods’ price target points to a potential upside of 7.29% from the company’s previous close.

TFIN has been the subject of several other reports. Stephens reissued an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. DA Davidson decreased their target price on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $79.00.

Triumph Financial Price Performance

Shares of NASDAQ TFIN opened at $68.97 on Thursday. The firm’s 50-day moving average price is $82.20 and its 200-day moving average price is $86.57. Triumph Financial has a 1-year low of $66.85 and a 1-year high of $110.58. The firm has a market capitalization of $1.62 billion, a P/E ratio of 127.72 and a beta of 1.22. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

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%. Equities research analysts anticipate that Triumph Financial will post 1.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $106.36, for a total value of $1,435,860.00. Following the transaction, the chief executive officer now directly owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.15% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TFIN. Blue Trust Inc. boosted its stake in Triumph Financial by 122.7% in the third quarter. Blue Trust Inc. now owns 470 shares of the company’s stock valued at $38,000 after acquiring an additional 259 shares during the last quarter. Sippican Capital Advisors boosted its stake in Triumph Financial by 1.8% in the third quarter. Sippican Capital Advisors now owns 39,948 shares of the company’s stock valued at $3,177,000 after acquiring an additional 718 shares during the last quarter. US Bancorp DE boosted its stake in Triumph Financial by 43.7% in the third quarter. US Bancorp DE now owns 13,103 shares of the company’s stock valued at $1,042,000 after acquiring an additional 3,987 shares during the last quarter. KBC Group NV boosted its stake in Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after acquiring an additional 253 shares during the last quarter. Finally, Curi RMB Capital LLC lifted its stake in shares of Triumph Financial by 3.4% during the 3rd quarter. Curi RMB Capital LLC now owns 30,796 shares of the company’s stock valued at $2,450,000 after buying an additional 1,027 shares in the last quarter. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

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.