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

Triumph Financial, Inc. (NYSE:TFIN) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $85.00.

A number of research analysts have issued reports on TFIN shares. Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a research report on Friday, August 7th. B. Riley Financial lifted their price target on shares of Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Stephens boosted their price target on shares of Triumph Financial from $82.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Zacks Research lowered shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, DA Davidson raised their price objective on shares of Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th.

Insiders Place Their Bets

In other news, EVP Edward Joseph Schreyer sold 2,900 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.70, for a total value of $193,430.00. Following the transaction, the executive vice president owned 18,434 shares of the company’s stock, valued at $1,229,547.80. This represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Adam D. Nelson sold 3,750 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the completion of the transaction, the executive vice president owned 23,755 shares in the company, valued at $1,877,832.75. This represents a 13.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.51% of the company’s stock.

Hedge Funds Weigh In On Triumph Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TFIN. BlackRock Inc. bought a new stake in shares of Triumph Financial in the 2nd quarter valued at about $259,022,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Triumph Financial in the 2nd quarter valued at approximately $49,047,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in Triumph Financial during the 2nd quarter worth approximately $38,807,000. Ranger Investment Management L.P. bought a new position in Triumph Financial during the 2nd quarter worth approximately $36,920,000. Finally, AltraVue Capital LLC grew its holdings in Triumph Financial by 22.0% during the fourth quarter. AltraVue Capital LLC now owns 1,515,877 shares of the company’s stock valued at $94,939,000 after purchasing an additional 273,718 shares during the period. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Trading Down 0.3%

TFIN opened at $78.23 on Friday. Triumph Financial has a 1-year low of $46.43 and a 1-year high of $83.52. The stock has a market capitalization of $1.87 billion, a PE ratio of 52.86 and a beta of 1.39. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average price of $76.35 and a two-hundred day moving average price of $67.82.

Triumph Financial (NYSE:TFIN) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.44 EPS for the quarter, meeting analysts’ consensus estimates of $0.44. The firm had revenue of $120.24 million for the quarter, compared to analyst estimates of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. As a group, equities analysts anticipate that Triumph Financial will post 1.93 earnings per share 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.