KBC Group NV Purchases 253 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

KBC Group NV raised its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 46.4% during the third quarter, HoldingsChannel reports. The firm owned 798 shares of the company’s stock after purchasing an additional 253 shares during the period. KBC Group NV’s holdings in Triumph Financial were worth $63,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Triumph Financial by 258.3% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock valued at $215,052,000 after buying an additional 1,896,348 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Triumph Financial by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,974,578 shares of the company’s stock worth $156,624,000 after acquiring an additional 11,722 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Triumph Financial by 7.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,142,820 shares of the company’s stock worth $93,425,000 after acquiring an additional 79,777 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Triumph Financial by 0.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,047,240 shares of the company’s stock valued at $85,607,000 after purchasing an additional 8,541 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Triumph Financial by 1.0% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 881,323 shares of the company’s stock valued at $72,048,000 after purchasing an additional 8,990 shares during the last quarter. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Trading Up 2.8 %

NASDAQ:TFIN opened at $105.06 on Friday. The firm has a market capitalization of $2.46 billion, a P/E ratio of 134.69 and a beta of 1.18. 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 company has a fifty day moving average of $87.17 and a 200 day moving average of $82.77. Triumph Financial, Inc. has a 52 week low of $66.61 and a 52 week high of $106.03.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $125.57 million during the quarter, compared to the consensus estimate of $106.29 million. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%. During the same period in the prior year, the firm posted $0.51 earnings per share. On average, research analysts predict that Triumph Financial, Inc. will post 0.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TFIN. B. Riley reissued a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a research note on Wednesday, October 2nd. DA Davidson lifted their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $71.60.

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.