Triumph Financial, Inc. (NYSE:TFIN) Given Consensus Rating of “Hold” by Analysts

Shares of Triumph Financial, Inc. (NYSE:TFIN) have been assigned a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is $64.75.

Several equities analysts have recently issued reports on TFIN shares. DA Davidson reaffirmed a “neutral” rating and issued a $60.00 target price on shares of Triumph Financial in a report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Triumph Financial in a report on Tuesday, May 12th. Finally, Zacks Research lowered Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd.

Insider Activity at Triumph Financial

In other news, insider Todd Ritterbusch acquired 7,000 shares of Triumph Financial stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $67.01 per share, with a total value of $469,070.00. Following the completion of the acquisition, the insider owned 22,804 shares in the company, valued at approximately $1,528,096.04. This trade represents a 44.29% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.70, for a total value of $193,430.00. Following the transaction, the executive vice president directly owned 18,434 shares of the company’s stock, valued at approximately $1,229,547.80. This trade represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 5.51% of the company’s stock.

Hedge Funds Weigh In On Triumph Financial

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in Triumph Financial by 13.1% during the first quarter. Bank of America Corp DE now owns 460,088 shares of the company’s stock valued at $27,449,000 after purchasing an additional 53,399 shares during the period. Royal Bank of Canada grew its holdings in Triumph Financial by 48.8% during the first quarter. Royal Bank of Canada now owns 61,529 shares of the company’s stock valued at $3,671,000 after purchasing an additional 20,180 shares during the period. Ranger Investment Management L.P. grew its holdings in Triumph Financial by 48.5% during the first quarter. Ranger Investment Management L.P. now owns 523,251 shares of the company’s stock valued at $31,217,000 after purchasing an additional 170,871 shares during the period. Quantinno Capital Management LP grew its holdings in Triumph Financial by 111.2% during the first quarter. Quantinno Capital Management LP now owns 16,181 shares of the company’s stock valued at $965,000 after purchasing an additional 8,519 shares during the period. Finally, Jacobs Asset Management LLC grew its holdings in Triumph Financial by 922.0% during the first quarter. Jacobs Asset Management LLC now owns 117,500 shares of the company’s stock valued at $7,010,000 after purchasing an additional 106,003 shares during the period. 91.11% of the stock is owned by institutional investors.

Triumph Financial Stock Performance

TFIN stock opened at $71.91 on Friday. The firm has a market cap of $1.71 billion, a PE ratio of 60.43 and a beta of 1.39. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average of $67.80 and a 200-day moving average of $64.25. Triumph Financial has a 12-month low of $46.43 and a 12-month high of $77.84.

Triumph Financial (NYSE:TFIN) last released its earnings results on Tuesday, April 21st. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.88 million. Triumph Financial had a return on equity of 3.97% and a net margin of 6.07%. As a group, sell-side analysts expect that Triumph Financial will post 1.72 earnings per share for the current year.

Triumph Financial Company Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.