Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC lowered its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 2.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,207 shares of the company’s stock after selling 2,132 shares during the quarter. Townsquare Capital LLC’s holdings in Triumph Financial were worth $6,539,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TFIN. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Triumph Financial by 258.3% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock valued at $215,052,000 after acquiring an additional 1,896,348 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Triumph Financial by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 1,974,578 shares of the company’s stock worth $156,624,000 after buying an additional 11,722 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Triumph Financial by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock valued at $91,975,000 after buying an additional 13,510 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Triumph Financial by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,047,240 shares of the company’s stock valued at $85,607,000 after buying an additional 8,541 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its stake in Triumph Financial by 1.0% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 881,323 shares of the company’s stock worth $72,048,000 after acquiring an additional 8,990 shares during the period. Institutional investors own 91.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on TFIN shares. DA Davidson lifted their target price on Triumph Financial from $74.00 to $84.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. B. Riley reissued a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a report on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Based on data from MarketBeat, Triumph Financial presently has an average rating of “Hold” and a consensus target price of $71.60.

Triumph Financial Trading Down 0.4 %

Triumph Financial stock opened at $108.38 on Friday. The firm has a 50-day moving average price of $89.26 and a two-hundred day moving average price of $83.68. Triumph Financial, Inc. has a 52-week low of $66.61 and a 52-week high of $110.58. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 138.95 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last issued its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. The business had revenue of $125.57 million during the quarter, compared to the consensus estimate of $106.29 million. During the same period in the previous year, the firm posted $0.51 earnings per share. Sell-side analysts expect that Triumph Financial, Inc. will post 0.62 earnings per share for the current year.

Triumph Financial 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.