Janney Montgomery Scott LLC Increases Stock Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Janney Montgomery Scott LLC increased its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 27.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,564 shares of the company’s stock after buying an additional 767 shares during the period. Janney Montgomery Scott LLC’s holdings in Triumph Financial were worth $324,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TFIN. Blue Trust Inc. increased its holdings in Triumph Financial by 122.7% during the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock worth $38,000 after purchasing an additional 259 shares during the last quarter. Precision Wealth Strategies LLC bought a new stake in shares of Triumph Financial in the third quarter worth $415,000. Tectonic Advisors LLC raised its holdings in Triumph Financial by 3.7% in the third quarter. Tectonic Advisors LLC now owns 22,716 shares of the company’s stock valued at $1,807,000 after acquiring an additional 809 shares in the last quarter. Sippican Capital Advisors raised its holdings in Triumph Financial by 1.8% in the third quarter. Sippican Capital Advisors now owns 39,948 shares of the company’s stock valued at $3,177,000 after acquiring an additional 718 shares in the last quarter. Finally, US Bancorp DE boosted its stake in Triumph Financial by 43.7% during the 3rd quarter. US Bancorp DE now owns 13,103 shares of the company’s stock valued at $1,042,000 after acquiring an additional 3,987 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Trading Up 0.4 %

NASDAQ TFIN opened at $76.47 on Wednesday. The firm has a market capitalization of $1.79 billion, a PE ratio of 141.61 and a beta of 1.22. Triumph Financial, Inc. has a one year low of $66.85 and a one year high of $110.58. The company has a 50-day simple moving average of $89.23 and a 200-day simple moving average of $87.80. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98.

Triumph Financial (NASDAQ:TFIN) last issued its earnings results on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. On average, equities analysts forecast that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Wall Street Analyst Weigh In

TFIN has been the topic of a number of recent analyst reports. Stephens restated an “equal weight” rating and issued a $109.00 target price on shares of Triumph Financial in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods restated an “underperform” rating and set a $80.00 price objective (down previously from $85.00) on shares of Triumph Financial in a research note on Friday, January 24th. Finally, DA Davidson decreased their target price on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $80.20.

Insider Buying and Selling

In related news, CEO Aaron P. Graft sold 13,500 shares of Triumph Financial stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $106.36, for a total value of $1,435,860.00. Following the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.15% of the stock is owned by company insiders.

About Triumph Financial

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.