Triumph Financial, Inc. (NYSE:TFIN) Stock Now Rated “Hold” by Sell-Side Brokerages

Triumph Financial, Inc. (NYSE:TFIN) has earned an average recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $78.80.

TFIN has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Triumph Financial in a research note on Friday, August 7th. Stephens raised their price objective on Triumph Financial from $67.00 to $70.00 and gave the company an “equal weight” rating in a research note on Friday, October 23rd. B. Riley Financial upgraded shares of Triumph Financial from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a report on Friday, October 2nd. DA Davidson raised their price target on shares of Triumph Financial from $67.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a report on Thursday, July 23rd.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, EVP Edward Schreyer sold 2,900 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $73.75, for a total value of $213,875.00. Following the transaction, the executive vice president directly owned 15,534 shares in the company, valued at $1,145,632.50. This represents a 15.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam Nelson sold 3,750 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total transaction of $296,437.50. Following the completion of the transaction, the executive vice president directly owned 23,755 shares of the company’s stock, valued at approximately $1,877,832.75. This represents a 13.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.51% of the stock is owned by company insiders.

Institutional Trading of Triumph Financial

Several hedge funds have recently added to or reduced their stakes in TFIN. MADDEN SECURITIES Corp purchased a new position in shares of Triumph Financial in the third quarter valued at about $73,000. Tectonic Advisors LLC lifted its stake in Triumph Financial by 27.4% in the third quarter. Tectonic Advisors LLC now owns 36,474 shares of the company’s stock worth $2,188,000 after acquiring an additional 7,851 shares during the period. Sterling Capital Management LLC boosted its holdings in Triumph Financial by 121.9% in the third quarter. Sterling Capital Management LLC now owns 608 shares of the company’s stock valued at $36,000 after acquiring an additional 334 shares in the last quarter. Kings Path Partners LLC purchased a new position in Triumph Financial during the 3rd quarter valued at $435,000. Finally, Womack Financial LLC increased its position in Triumph Financial by 1.2% during the 3rd quarter. Womack Financial LLC now owns 53,011 shares of the company’s stock valued at $3,180,000 after purchasing an additional 630 shares during the period. 91.11% of the stock is owned by institutional investors.

Triumph Financial Stock Up 1.0%

Shares of NYSE TFIN opened at $63.54 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.05. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 31.79 and a beta of 1.53. The firm’s 50-day simple moving average is $64.96 and its 200 day simple moving average is $67.29. Triumph Financial has a 12-month low of $49.27 and a 12-month high of $83.52.

Triumph Financial (NYSE:TFIN) last issued its quarterly earnings results on Wednesday, October 21st. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.08). Triumph Financial had a return on equity of 5.57% and a net margin of 8.96%. The business had revenue of $125.67 million for the quarter, compared to the consensus estimate of $123.11 million. On average, research analysts expect that Triumph Financial will post 1.97 earnings per share for the current fiscal year.

Triumph Financial Company Profile

Triumph Financial, Inc is a financial holding company headquartered in Dallas, Texas, that provides banking, payments and financial services designed primarily for businesses and professionals in the transportation industry. The company operates through a technology-focused model that combines traditional banking capabilities with specialized payments and working-capital solutions.

Its offerings include commercial banking products, accounts and lending services, as well as transportation-focused invoice factoring through Triumph Business Capital.