Susquehanna Fundamental Investments LLC Has $2.99 Million Holdings in Triumph Financial, Inc. $TFIN

Susquehanna Fundamental Investments LLC grew its holdings in shares of Triumph Financial, Inc. (NYSE:TFIN) by 66.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 39,233 shares of the company’s stock after purchasing an additional 15,676 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Triumph Financial were worth $2,994,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Farther Finance Advisors LLC increased its stake in shares of Triumph Financial by 46.1% in the 4th quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock valued at $31,000 after acquiring an additional 155 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Triumph Financial by 9.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock worth $126,000 after acquiring an additional 195 shares in the last quarter. Entropy Technologies LP boosted its stake in Triumph Financial by 6.2% during the third quarter. Entropy Technologies LP now owns 5,100 shares of the company’s stock worth $255,000 after acquiring an additional 300 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in Triumph Financial by 3.6% in the first quarter. Illinois Municipal Retirement Fund now owns 11,319 shares of the company’s stock worth $675,000 after purchasing an additional 397 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Triumph Financial in the second quarter worth $40,000. Institutional investors and hedge funds own 91.11% of the company’s stock.

Insider Activity at Triumph Financial

In related news, EVP Adam D. Nelson sold 3,750 shares of the 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 sale, the executive vice president directly owned 23,755 shares of the company’s stock, valued at approximately $1,877,832.75. This represents a 13.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $73.75, for a total value of $213,875.00. Following the transaction, the executive vice president owned 15,534 shares in the company, valued at approximately $1,145,632.50. This trade represents a 15.73% 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. 5.51% of the stock is owned by insiders.

Triumph Financial Price Performance

TFIN stock opened at $71.16 on Tuesday. The company has a market capitalization of $1.70 billion, a P/E ratio of 48.08 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, Inc. has a 52-week low of $46.43 and a 52-week high of $83.52. The business has a 50-day simple moving average of $76.52 and a two-hundred day simple moving average of $68.40.

Triumph Financial (NYSE:TFIN) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $0.44 EPS for the quarter, hitting analysts’ consensus estimates of $0.44. The firm had revenue of $120.24 million during 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%. Research analysts expect that Triumph Financial, Inc. will post 1.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TFIN. Keefe, Bruyette & Woods upped their price objective on shares of Triumph Financial from $78.00 to $88.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a research note on Friday, August 7th. DA Davidson boosted their target price on Triumph Financial from $65.00 to $82.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Zacks Research downgraded Triumph Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Finally, Stephens increased their price target on Triumph Financial from $82.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $85.00.

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.