Triumph Financial, Inc. (NYSE:TFIN) Given Average Recommendation of “Hold” by Brokerages

Triumph Financial, Inc. (NYSE:TFIN) has been given a consensus rating of “Hold” by the six ratings firms that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $85.00.

Several equities analysts have commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a research report on Tuesday, May 12th. Zacks Research cut Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. DA Davidson upped their price objective on Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Keefe, Bruyette & Woods upped their price objective on Triumph Financial from $78.00 to $88.00 and gave the company a “market perform” rating in a research note on Thursday, July 23rd. Finally, Stephens raised their price objective on shares of Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd.

Insider Activity at Triumph Financial

In other news, EVP Adam D. Nelson sold 3,750 shares of Triumph Financial stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total transaction of $296,437.50. Following the transaction, the executive vice president owned 23,755 shares in the company, valued at approximately $1,877,832.75. The trade was a 13.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.70, for a total transaction of $193,430.00. Following the completion of the sale, the executive vice president directly owned 18,434 shares in the company, valued at approximately $1,229,547.80. This represents a 13.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 5.51% of the company’s stock.

Institutional Investors Weigh In On Triumph Financial

A number of institutional investors have recently made changes to their positions in TFIN. M&T Bank Corp raised its position in shares of Triumph Financial by 235.5% during the fourth quarter. M&T Bank Corp now owns 40,628 shares of the company’s stock worth $2,545,000 after acquiring an additional 28,519 shares during the last quarter. Investment Management Associates Inc. ADV boosted its holdings in Triumph Financial by 34.2% in the fourth quarter. Investment Management Associates Inc. ADV now owns 340,161 shares of the company’s stock valued at $21,304,000 after acquiring an additional 86,761 shares during the last quarter. Empirical Capital Management LLC bought a new stake in Triumph Financial in the fourth quarter valued at approximately $1,298,000. Ranger Investment Management L.P. increased its position in Triumph Financial by 48.5% during the 1st 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. Finally, UBS Group AG increased its position in Triumph Financial by 13.3% during the 4th quarter. UBS Group AG now owns 102,530 shares of the company’s stock valued at $6,421,000 after purchasing an additional 12,005 shares during the period. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Stock Performance

NYSE TFIN opened at $75.80 on Friday. The firm’s fifty day moving average price is $75.74 and its two-hundred day moving average price is $67.55. The stock has a market cap of $1.81 billion, a PE ratio of 51.21 and a beta of 1.39. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.01 and a current ratio of 1.01. Triumph Financial has a fifty-two week low of $46.43 and a fifty-two week high of $83.52.

Triumph Financial (NYSE:TFIN) last announced its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 EPS for the quarter, meeting analysts’ consensus estimates of $0.44. The company had revenue of $120.24 million during the quarter, compared to analysts’ expectations of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. On average, equities analysts expect that Triumph Financial will post 1.93 EPS for the current fiscal 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.