HighTower Advisors LLC Has $594,000 Position in Triumph Financial, Inc. (NASDAQ:TFIN)

HighTower Advisors LLC lifted its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,539 shares of the company’s stock after buying an additional 362 shares during the period. HighTower Advisors LLC’s holdings in Triumph Financial were worth $594,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Precision Wealth Strategies LLC grew its stake in Triumph Financial by 2.7% in the fourth quarter. Precision Wealth Strategies LLC now owns 5,354 shares of the company’s stock valued at $487,000 after purchasing an additional 141 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after buying an additional 204 shares in the last quarter. Illinois Municipal Retirement Fund increased its holdings in Triumph Financial by 2.1% during the fourth quarter. Illinois Municipal Retirement Fund now owns 12,326 shares of the company’s stock worth $1,120,000 after buying an additional 252 shares during the last quarter. US Bancorp DE raised its position in Triumph Financial by 2.5% during the fourth quarter. US Bancorp DE now owns 13,425 shares of the company’s stock worth $1,220,000 after acquiring an additional 322 shares in the last quarter. Finally, KBC Group NV lifted its stake in Triumph Financial by 51.9% in the fourth quarter. KBC Group NV now owns 1,212 shares of the company’s stock valued at $110,000 after acquiring an additional 414 shares during the last quarter. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Stock Performance

NASDAQ:TFIN opened at $58.80 on Friday. The stock has a 50 day simple moving average of $70.21 and a 200 day simple moving average of $83.49. The stock has a market cap of $1.38 billion, a P/E ratio of 108.89 and a beta of 1.22. Triumph Financial, Inc. has a 1-year low of $58.07 and a 1-year high of $110.58. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share 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%. Research analysts anticipate that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TFIN shares. Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an “underperform” rating to a “market perform” rating and lowered their price objective for the stock from $80.00 to $74.00 in a research note on Thursday, February 27th. Stephens reissued an “equal weight” rating and set a $109.00 price target on shares of Triumph Financial in a research report on Thursday, January 23rd. Finally, DA Davidson cut their price objective 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. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $79.00.

Triumph Financial 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.