Triumph Financial (NASDAQ:TFIN) Given Equal Weight Rating at Stephens

Stephens reissued their equal weight rating on shares of Triumph Financial (NASDAQ:TFIN) in a report released on Thursday,Benzinga reports. The brokerage currently has a $109.00 price target on the stock.

Other equities analysts also recently issued reports about the company. DA Davidson raised their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. B. Riley restated a “neutral” rating and set a $65.00 price target on shares of Triumph Financial in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $78.60.

Triumph Financial Trading Down 14.3 %

TFIN opened at $78.86 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99. Triumph Financial has a fifty-two week low of $66.85 and a fifty-two week high of $110.58. The company’s 50 day moving average price is $96.15 and its two-hundred day moving average price is $88.68. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 146.04 and a beta of 1.24.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. As a group, research analysts predict that Triumph Financial will post 1.71 earnings per share for the current year.

Insider Buying and Selling at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of Triumph Financial stock in a transaction on Friday, November 29th. The shares were sold at an average price of $106.36, for a total value of $1,435,860.00. Following the completion of the sale, the chief executive officer now owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 6.15% of the company’s stock.

Institutional Investors Weigh In On Triumph Financial

A number of large investors have recently bought and sold shares of TFIN. Callan Family Office LLC boosted its position in shares of Triumph Financial by 1.7% during the 3rd quarter. Callan Family Office LLC now owns 11,868 shares of the company’s stock worth $944,000 after purchasing an additional 201 shares in the last quarter. Blue Trust Inc. raised its stake in Triumph Financial by 43.4% during 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. Kings Path Partners LLC grew its stake in Triumph Financial by 2.4% in the third quarter. Kings Path Partners LLC now owns 9,125 shares of the company’s stock valued at $726,000 after acquiring an additional 216 shares during the period. KBC Group NV increased its holdings in shares of Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after acquiring an additional 253 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Triumph Financial by 3.7% during the second quarter. The Manufacturers Life Insurance Company now owns 12,671 shares of the company’s stock worth $1,036,000 after purchasing an additional 455 shares during the period. 91.11% of the stock is currently owned by institutional investors and hedge funds.

About Triumph Financial

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.