Public Sector Pension Investment Board Purchases 12,191 Shares of Triumph Financial, Inc. $TFIN

Public Sector Pension Investment Board boosted its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 16.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,918 shares of the company’s stock after buying an additional 12,191 shares during the period. Public Sector Pension Investment Board’s holdings in Triumph Financial were worth $4,399,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TFIN. Royal Bank of Canada boosted its position in shares of Triumph Financial by 73.8% during the 1st quarter. Royal Bank of Canada now owns 27,541 shares of the company’s stock valued at $1,592,000 after acquiring an additional 11,694 shares in the last quarter. AQR Capital Management LLC lifted its stake in Triumph Financial by 45.2% during the first quarter. AQR Capital Management LLC now owns 5,760 shares of the company’s stock worth $333,000 after purchasing an additional 1,794 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Triumph Financial by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,138 shares of the company’s stock valued at $759,000 after purchasing an additional 564 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Triumph Financial by 5.4% during the second quarter. Envestnet Asset Management Inc. now owns 148,025 shares of the company’s stock valued at $8,158,000 after purchasing an additional 7,635 shares in the last quarter. Finally, Investment Management Associates Inc. ADV grew its stake in shares of Triumph Financial by 113.6% in the 2nd quarter. Investment Management Associates Inc. ADV now owns 247,580 shares of the company’s stock valued at $13,644,000 after purchasing an additional 131,678 shares during the period. Institutional investors and hedge funds own 91.11% of the company’s stock.

Insider Buying and Selling

In other Triumph Financial news, EVP Adam D. Nelson sold 3,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $65.18, for a total value of $195,540.00. Following the completion of the sale, the executive vice president owned 24,832 shares in the company, valued at approximately $1,618,549.76. This trade represents a 10.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.58% of the stock is currently owned by corporate insiders.

Triumph Financial Price Performance

Shares of TFIN stock opened at $61.95 on Friday. Triumph Financial, Inc. has a 52 week low of $42.90 and a 52 week high of $77.84. The stock has a market capitalization of $1.47 billion, a PE ratio of 140.80 and a beta of 1.52. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s fifty day moving average is $65.57 and its 200-day moving average is $59.02.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TFIN. B. Riley Financial restated a “neutral” rating and set a $70.00 target price on shares of Triumph Financial in a research report on Monday, January 12th. DA Davidson restated a “neutral” rating and issued a $60.00 target price on shares of Triumph Financial in a research note on Thursday, January 29th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Triumph Financial from $66.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 28th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Triumph Financial presently has a consensus rating of “Hold” and an average target price of $64.75.

About Triumph Financial

Triumph Financial, Inc is a bank holding company headquartered in Dallas, Texas. Through its wholly owned subsidiary, Triumph Bank, the company delivers a broad range of commercial and retail banking services to businesses and individuals. Since its foundation, Triumph Financial has focused on building a community-oriented banking platform that emphasizes personalized service and local decision-making.

The company’s commercial banking offerings include deposit products, treasury management solutions, digital cash management, equipment financing, and commercial real estate lending.