Alberta Investment Management Corp Has $4.24 Million Stock Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Alberta Investment Management Corp boosted its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 75.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,620 shares of the company’s stock after acquiring an additional 20,032 shares during the quarter. Alberta Investment Management Corp owned 0.20% of Triumph Financial worth $4,237,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of TFIN. Blue Trust Inc. raised its stake in Triumph Financial by 122.7% in the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock valued at $38,000 after acquiring an additional 259 shares during the period. Tectonic Advisors LLC increased its holdings in shares of Triumph Financial by 3.7% in the third quarter. Tectonic Advisors LLC now owns 22,716 shares of the company’s stock valued at $1,807,000 after purchasing an additional 809 shares during the last quarter. Sippican Capital Advisors raised its holdings in Triumph Financial by 1.8% in the 3rd quarter. Sippican Capital Advisors now owns 39,948 shares of the company’s stock valued at $3,177,000 after acquiring an additional 718 shares during the period. US Bancorp DE lifted its holdings in Triumph Financial by 43.7% during the 3rd quarter. US Bancorp DE now owns 13,103 shares of the company’s stock worth $1,042,000 after purchasing an additional 3,987 shares during the last quarter. Finally, KBC Group NV lifted 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 worth $63,000 after buying an additional 253 shares in the last quarter. 91.11% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of Triumph Financial stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.15% of the stock is owned by corporate insiders.

Triumph Financial Trading Down 1.9 %

Shares of Triumph Financial stock opened at $70.47 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 130.50 and a beta of 1.22. The firm’s 50-day moving average price is $84.48 and its two-hundred day moving average price is $86.90. Triumph Financial, Inc. has a 12-month low of $66.85 and a 12-month high of $110.58.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. On average, analysts forecast that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Stephens restated an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and set a $80.00 target price (down from $85.00) on shares of Triumph Financial in a report on Friday, January 24th. Finally, DA Davidson cut their price target on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $80.20.

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.