Triumph Financial, Inc. (NYSE:TFIN) Given Average Recommendation of “Hold” by Analysts

Triumph Financial, Inc. (NYSE:TFIN) has earned a consensus recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating. The average 12 month price objective among analysts that have covered the stock in the last year is $85.00.

A number of research analysts have commented on TFIN shares. Stephens upped their price objective on Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Keefe, Bruyette & Woods lifted their target price on Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a report on Thursday, July 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Triumph Financial in a research report on Friday, August 7th. DA Davidson upped their price target on shares of Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Finally, B. Riley Financial raised their price target on shares of Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th.

Triumph Financial Trading Down 0.5%

Shares of TFIN stock opened at $69.13 on Thursday. Triumph Financial has a 12-month low of $46.43 and a 12-month high of $83.52. The company has a market capitalization of $1.65 billion, a PE ratio of 46.71 and a beta of 1.37. The firm has a 50 day moving average price of $76.30 and a two-hundred day moving average price of $68.44. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.05.

Triumph Financial (NYSE:TFIN) last posted its earnings results on Tuesday, July 21st. The company reported $0.44 EPS for the quarter, meeting the consensus estimate of $0.44. The company had revenue of $120.24 million for the quarter, compared to the consensus estimate of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. As a group, analysts predict that Triumph Financial will post 1.93 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Adam D. Nelson sold 3,750 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the completion of the transaction, the executive vice president owned 23,755 shares of the company’s stock, valued at $1,877,832.75. The trade was a 13.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $73.75, for a total transaction of $213,875.00. Following the completion of the transaction, the executive vice president owned 15,534 shares of the company’s stock, valued at $1,145,632.50. The trade was a 15.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 5.51% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Philadelphia Financial Management of San Francisco LLC acquired a new position in shares of Triumph Financial during the second quarter worth $6,240,708. Investment Management Associates Inc. ADV raised its position in shares of Triumph Financial by 34.2% during the fourth quarter. Investment Management Associates Inc. ADV now owns 340,161 shares of the company’s stock worth $21,304,000 after acquiring an additional 86,761 shares during the last quarter. Bank of America Corp DE raised its holdings in Triumph Financial by 13.1% during the 1st quarter. Bank of America Corp DE now owns 460,088 shares of the company’s stock worth $27,449,000 after purchasing an additional 53,399 shares during the last quarter. BlackRock Inc. acquired a new position in Triumph Financial in the second quarter valued at $259,022,000. Finally, Royal Bank of Canada lifted its stake in shares of Triumph Financial by 48.8% in the 1st quarter. Royal Bank of Canada now owns 61,529 shares of the company’s stock valued at $3,671,000 after purchasing an additional 20,180 shares during the period. Institutional investors and hedge funds own 91.11% of the company’s stock.

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.