Woodson Capital Management LP Reduces Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Woodson Capital Management LP lessened its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 10.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 196,481 shares of the company’s stock after selling 23,519 shares during the quarter. Triumph Financial comprises 3.1% of Woodson Capital Management LP’s investment portfolio, making the stock its 16th biggest holding. Woodson Capital Management LP owned about 0.84% of Triumph Financial worth $15,628,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake 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 valued at $156,624,000 after purchasing an additional 11,722 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Triumph Financial by 7.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,975 shares of the company’s stock valued at $950,000 after buying an additional 807 shares during the period. Public Employees Retirement Association of Colorado lifted its holdings in shares of Triumph Financial by 95.8% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 7,283 shares of the company’s stock valued at $578,000 after buying an additional 3,563 shares during the period. First Hawaiian Bank acquired a new stake in shares of Triumph Financial in the 2nd quarter valued at approximately $720,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Triumph Financial in the 2nd quarter valued at approximately $447,000. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Triumph Financial Stock Performance

Shares of TFIN stock opened at $108.38 on Friday. The stock has a fifty day moving average price of $89.26 and a 200 day moving average price of $83.68. The stock has a market cap of $2.54 billion, a PE ratio of 138.95 and a beta of 1.18. Triumph Financial, Inc. has a 1 year low of $66.61 and a 1 year high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99.

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. The firm had revenue of $125.57 million during the quarter, compared to analysts’ expectations of $106.29 million. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. During the same period in the previous year, the firm posted $0.51 earnings per share. Sell-side analysts forecast that Triumph Financial, Inc. will post 0.62 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on TFIN. 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. DA Davidson raised their price target on Triumph Financial from $74.00 to $84.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $71.60.

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.