2,610 Shares in Triumph Financial, Inc. (NASDAQ:TFIN) Purchased by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. acquired a new position in Triumph Financial, Inc. (NASDAQ:TFIN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,610 shares of the company’s stock, valued at approximately $237,000.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Triumph Financial by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company’s stock valued at $184,252,000 after buying an additional 24,868 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Triumph Financial by 1.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company’s stock valued at $106,840,000 after buying an additional 19,286 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Triumph Financial by 34.0% during the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company’s stock valued at $71,086,000 after buying an additional 198,611 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Triumph Financial by 478.3% during the 4th quarter. Bank of America Corp DE now owns 350,573 shares of the company’s stock valued at $31,860,000 after buying an additional 289,955 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Triumph Financial by 7.6% during the 4th quarter. Northern Trust Corp now owns 227,875 shares of the company’s stock valued at $20,709,000 after buying an additional 16,061 shares during the last quarter. 91.11% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Triumph Financial

In other news, Director Davis R. Deadman acquired 1,500 shares of the firm’s stock in a transaction dated Friday, April 25th. The shares were bought at an average price of $53.50 per share, with a total value of $80,250.00. Following the acquisition, the director now owns 10,220 shares of the company’s stock, valued at $546,770. This trade represents a 17.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harrison B. Barnes acquired 1,000 shares of the firm’s stock in a transaction dated Tuesday, April 29th. The shares were purchased at an average cost of $53.65 per share, for a total transaction of $53,650.00. Following the acquisition, the director now directly owns 21,565 shares in the company, valued at $1,156,962.25. This represents a 4.86% increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 4,008 shares of company stock valued at $208,380. 5.58% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Stephens reiterated an “equal weight” rating and set a $109.00 price target on shares of Triumph Financial in a report on Thursday, January 23rd. DA Davidson reduced their price target on Triumph Financial from $68.00 to $56.00 and set a “neutral” rating for the company in a report on Monday, April 21st. Keefe, Bruyette & Woods cut their price objective on Triumph Financial from $68.00 to $56.00 and set a “market perform” rating on the stock in a research note on Monday, April 21st. Finally, B. Riley reissued a “neutral” rating and issued a $55.00 price objective (down from $65.00) on shares of Triumph Financial in a research note on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $68.20.

Triumph Financial Stock Up 1.6%

Shares of TFIN stock opened at $61.34 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The stock’s 50 day simple moving average is $55.64 and its 200 day simple moving average is $76.21. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 113.59 and a beta of 1.27. Triumph Financial, Inc. has a twelve month low of $42.90 and a twelve month high of $110.58.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings results on Wednesday, April 16th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The business had revenue of $101.57 million during the quarter, compared to the consensus estimate of $104.49 million. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. During the same period in the prior year, the firm earned $0.14 earnings per share. As a group, research analysts predict that Triumph Financial, Inc. will post 1.08 EPS for the current year.

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.