Triumph Financial’s (TFIN) Underperform Rating Reaffirmed at Keefe, Bruyette & Woods

Triumph Financial (NASDAQ:TFIN)‘s stock had its “underperform” rating reissued by equities research analysts at Keefe, Bruyette & Woods in a report issued on Friday,Benzinga reports. They currently have a $80.00 price objective on the stock, down from their prior price objective of $85.00. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 3.32% from the stock’s current price.

A number of other research analysts have also issued reports on TFIN. DA Davidson lifted their target price on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. B. Riley reaffirmed a “neutral” rating and issued a $65.00 price objective on shares of Triumph Financial in a research note on Wednesday, October 2nd. Finally, Stephens reissued an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a research note on Thursday. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, Triumph Financial presently has a consensus rating of “Hold” and a consensus price target of $80.60.

Triumph Financial Stock Performance

Shares of TFIN opened at $77.43 on Friday. The firm has a market capitalization of $1.81 billion, a PE ratio of 143.55 and a beta of 1.24. 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 firm has a 50-day moving average price of $96.15 and a 200 day moving average price of $88.68. Triumph Financial has a 52-week low of $66.85 and a 52-week high of $110.58.

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. On average, sell-side analysts anticipate that Triumph Financial will post 1.71 earnings per share for the current fiscal year.

Insider Activity at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of Triumph Financial stock in a transaction dated Friday, November 29th. The stock was 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 directly owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.15% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. KBC Group NV lifted its position in shares of 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 buying an additional 414 shares during the last quarter. Blue Trust Inc. boosted its stake in Triumph Financial by 43.4% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after purchasing an additional 204 shares during the period. Cottonwood Capital Advisors LLC acquired a new position in shares of Triumph Financial during the fourth quarter worth approximately $215,000. Janney Montgomery Scott LLC boosted its position in shares of Triumph Financial by 27.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,564 shares of the company’s stock valued at $324,000 after acquiring an additional 767 shares during the period. Finally, Mechanics Bank Trust Department acquired a new stake in shares of Triumph Financial in the fourth quarter worth $202,000. Institutional investors and hedge funds own 91.11% of the company’s stock.

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.