Triumph Financial, Inc. $TFIN Shares Acquired by UBS Group AG

UBS Group AG lifted its position in shares of Triumph Financial, Inc. (NYSE:TFIN) by 13.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,530 shares of the company’s stock after purchasing an additional 12,005 shares during the period. UBS Group AG’s holdings in Triumph Financial were worth $6,421,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp lifted its position in shares of Triumph Financial by 85.4% during the third quarter. Fifth Third Bancorp now owns 497 shares of the company’s stock worth $25,000 after purchasing an additional 229 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Triumph Financial by 66.8% during the third quarter. EverSource Wealth Advisors LLC now owns 522 shares of the company’s stock worth $26,000 after purchasing an additional 209 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Triumph Financial by 46.1% during the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock worth $31,000 after purchasing an additional 155 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Triumph Financial during the third quarter worth $56,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Triumph Financial by 28.1% during the third quarter. PNC Financial Services Group Inc. now owns 2,342 shares of the company’s stock worth $117,000 after purchasing an additional 514 shares in the last quarter. 91.11% of the stock is owned by institutional investors and hedge funds.

Triumph Financial Trading Down 1.1%

Shares of NYSE:TFIN opened at $62.54 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The stock has a fifty day moving average of $61.82. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 52.55 and a beta of 1.40. Triumph Financial, Inc. has a 12-month low of $46.43 and a 12-month high of $77.84.

Triumph Financial (NYSE:TFIN) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Triumph Financial had a net margin of 6.07% and a return on equity of 3.97%. The business had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.88 million. As a group, equities research analysts forecast that Triumph Financial, Inc. will post 1.9 EPS for the current fiscal year.

Insiders Place Their Bets

In other Triumph Financial news, insider Todd Ritterbusch bought 7,000 shares of the stock in a transaction on Friday, May 8th. The stock was purchased at an average price of $67.01 per share, for a total transaction of $469,070.00. Following the completion of the purchase, the insider directly owned 22,804 shares in the company, valued at approximately $1,528,096.04. This trade represents a 44.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.51% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TFIN has been the topic of a number of recent research reports. Wall Street Zen raised shares of Triumph Financial from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a research note on Tuesday, May 12th. Zacks Research lowered shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 2nd. Keefe, Bruyette & Woods lifted their price target on shares of Triumph Financial from $66.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 28th. Finally, DA Davidson restated a “neutral” rating and issued a $60.00 price target on shares of Triumph Financial in a research note on Wednesday, April 22nd. Six investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Triumph Financial currently has a consensus rating of “Hold” and a consensus price target of $64.75.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.