Triumph Financial’s (TFIN) Equal Weight Rating Reaffirmed at Stephens

Stephens reissued their equal weight rating on shares of Triumph Financial (NASDAQ:TFIN) in a research report released on Thursday,Benzinga reports. The firm currently has a $109.00 price objective on the stock.

TFIN has been the topic of a number of other research reports. B. Riley reissued a “neutral” rating and issued a $65.00 target price on shares of Triumph Financial in a research report on Wednesday, October 2nd. DA Davidson increased their target price on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $80.60.

Triumph Financial Stock Down 0.4 %

NASDAQ:TFIN opened at $78.56 on Thursday. Triumph Financial has a 12-month low of $66.85 and a 12-month high of $110.58. 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 market capitalization of $1.84 billion, a P/E ratio of 145.48 and a beta of 1.24. The stock’s fifty day simple moving average is $95.32 and its 200-day simple moving average is $88.59.

Triumph Financial (NASDAQ:TFIN) last posted its earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share (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%. Equities research analysts expect that Triumph Financial will post 1.71 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Aaron P. Graft sold 13,500 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the transaction, the chief executive officer now directly owns 151,533 shares of the company’s stock, valued at approximately $16,117,049.88. This trade represents 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 Investors Weigh In On Triumph Financial

Several institutional investors have recently made changes to their positions in TFIN. Blue Trust Inc. grew its holdings in shares of Triumph Financial by 122.7% during the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock worth $38,000 after purchasing an additional 259 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Triumph Financial during the 3rd quarter worth approximately $49,000. KBC Group NV boosted its position in shares of Triumph Financial by 46.4% during the 3rd quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after acquiring an additional 253 shares in the last quarter. Mechanics Bank Trust Department acquired a new stake in shares of Triumph Financial during the 4th quarter worth approximately $202,000. Finally, Profund Advisors LLC acquired a new stake in shares of Triumph Financial in the 2nd quarter valued at $209,000. 91.11% of the stock is currently owned by institutional investors.

Triumph Financial Company 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.