Triumph Financial (NASDAQ:TFIN) Given Underperform Rating at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reaffirmed their underperform rating on shares of Triumph Financial (NASDAQ:TFIN) in a research report sent to investors on Friday,Benzinga reports. Keefe, Bruyette & Woods currently has a $80.00 price target on the stock, down from their prior price target of $85.00.

Several other analysts have also issued reports on the company. DA Davidson boosted their target price on Triumph Financial from $74.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Stephens reaffirmed an “equal weight” rating and set a $109.00 price objective on shares of Triumph Financial in a report on Thursday. Finally, B. Riley reiterated a “neutral” rating and issued a $65.00 price objective on shares of Triumph Financial in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $80.60.

Triumph Financial Trading Down 0.4 %

Shares of Triumph Financial stock opened at $78.56 on Friday. 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 simple moving average of $95.71 and a 200 day simple moving average of $88.61. Triumph Financial has a 12-month low of $66.85 and a 12-month high of $110.58. The company has a market capitalization of $1.84 billion, a P/E ratio of 145.48 and a beta of 1.24.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. On average, sell-side analysts anticipate that Triumph Financial will post 1.71 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Aaron P. Graft sold 13,500 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now owns 151,533 shares in the company, valued at approximately $16,117,049.88. This trade represents a 8.18 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 6.15% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Precision Wealth Strategies LLC boosted its holdings in shares of Triumph Financial by 2.7% in the 4th quarter. Precision Wealth Strategies LLC now owns 5,354 shares of the company’s stock worth $487,000 after purchasing an additional 141 shares in the last quarter. Callan Family Office LLC lifted its position in Triumph Financial by 1.7% in the 3rd quarter. Callan Family Office LLC now owns 11,868 shares of the company’s stock worth $944,000 after buying an additional 201 shares during the last quarter. Blue Trust Inc. boosted its stake in Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $61,000 after buying an additional 204 shares in the last quarter. Kings Path Partners LLC grew its position in Triumph Financial by 2.4% during the third quarter. Kings Path Partners LLC now owns 9,125 shares of the company’s stock valued at $726,000 after acquiring an additional 216 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of Triumph Financial by 46.4% during the third 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. Institutional investors own 91.11% of the company’s stock.

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.