Swiss National Bank Increases Stock Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Swiss National Bank lifted its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 0.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 43,700 shares of the company’s stock after purchasing an additional 400 shares during the period. Swiss National Bank’s holdings in Triumph Financial were worth $3,971,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in TFIN. BNP Paribas Financial Markets increased its stake in Triumph Financial by 77.9% during the third quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company’s stock worth $1,199,000 after acquiring an additional 6,601 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Triumph Financial by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 19,238 shares of the company’s stock worth $1,530,000 after buying an additional 536 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Triumph Financial during the third quarter valued at approximately $49,000. Charles Schwab Investment Management Inc. increased its position in shares of Triumph Financial by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company’s stock worth $15,553,000 after acquiring an additional 7,021 shares during the last quarter. Finally, US Bancorp DE boosted its stake in shares of Triumph Financial by 2.5% during the 4th quarter. US Bancorp DE now owns 13,425 shares of the company’s stock valued at $1,220,000 after buying an additional 322 shares during the last quarter. 91.11% of the stock is owned by hedge funds and other institutional investors.

Triumph Financial Stock Down 0.9 %

TFIN opened at $64.22 on Wednesday. The stock’s 50 day moving average price is $72.01 and its 200 day moving average price is $83.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market cap of $1.50 billion, a P/E ratio of 118.93 and a beta of 1.22. Triumph Financial, Inc. has a 12 month low of $58.22 and a 12 month high of $110.58.

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings data 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%. As a group, research analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TFIN shares. Stephens reissued an “equal weight” rating and issued a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods upgraded Triumph Financial from an “underperform” rating to a “market perform” rating and reduced their price objective for the stock from $80.00 to $74.00 in a research note on Thursday, February 27th. Finally, DA Davidson cut their target price on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average 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.