Vanguard Group Inc. Acquires 24,868 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Vanguard Group Inc. lifted its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,027,420 shares of the company’s stock after buying an additional 24,868 shares during the quarter. Vanguard Group Inc. owned approximately 0.09% of Triumph Financial worth $184,252,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quantbot Technologies LP bought a new position in Triumph Financial in the 3rd quarter valued at $49,000. Smartleaf Asset Management LLC grew its holdings in shares of Triumph Financial by 310.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock worth $51,000 after purchasing an additional 426 shares during the last quarter. Blue Trust Inc. increased its stake in Triumph Financial by 43.4% in the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $61,000 after buying an additional 204 shares during the period. KBC Group NV lifted its holdings in Triumph Financial by 51.9% during the 4th quarter. KBC Group NV now owns 1,212 shares of the company’s stock valued at $110,000 after buying an additional 414 shares in the last quarter. Finally, Mechanics Bank Trust Department purchased a new stake in Triumph Financial in the 4th quarter valued at about $202,000. 91.11% of the stock is owned by institutional investors.

Triumph Financial Price Performance

Shares of TFIN opened at $51.53 on Monday. The stock has a market capitalization of $1.21 billion, a PE ratio of 95.43 and a beta of 1.18. The company has a 50 day moving average price of $67.12 and a 200-day moving average price of $82.60. 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, Inc. has a fifty-two week low of $47.19 and a fifty-two week high of $110.58.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Keefe, Bruyette & Woods raised shares of Triumph Financial from an “underperform” rating to a “market perform” rating and reduced their target price for the stock from $80.00 to $74.00 in a research report on Thursday, February 27th. Stephens restated an “equal weight” rating and set a $109.00 price objective on shares of Triumph Financial in a report on Thursday, January 23rd. Finally, DA Davidson lowered their target price on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat.com, Triumph Financial currently has a consensus rating of “Hold” and a consensus target price of $79.00.

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.