Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN reduced its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,882 shares of the company’s stock after selling 3,777 shares during the period. Wells Fargo & Company MN owned approximately 1.02% of Triumph Financial worth $21,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its stake in shares of Triumph Financial by 310.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 563 shares of the company’s stock worth $51,000 after acquiring an additional 426 shares during the last quarter. Blue Trust Inc. increased its stake in Triumph Financial by 43.4% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after purchasing an additional 204 shares in the last quarter. KBC Group NV lifted its stake in shares of Triumph Financial by 51.9% during the fourth quarter. KBC Group NV now owns 1,212 shares of the company’s stock worth $110,000 after buying an additional 414 shares during the period. Mechanics Bank Trust Department purchased a new stake in shares of Triumph Financial during the fourth quarter valued at $202,000. Finally, Cottonwood Capital Advisors LLC acquired a new position in shares of Triumph Financial in the 4th quarter valued at $215,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TFIN has been the subject of a number of research reports. Keefe, Bruyette & Woods raised Triumph Financial from an “underperform” rating to a “market perform” rating and lowered their price target for the stock from $80.00 to $74.00 in a research report on Thursday, February 27th. Stephens reiterated an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a report on Thursday, January 23rd. Finally, DA Davidson decreased their price objective on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $79.00.

Triumph Financial Stock Down 0.8 %

Shares of TFIN stock opened at $49.00 on Friday. Triumph Financial, Inc. has a twelve month low of $46.81 and a twelve month high of $110.58. The stock has a market cap of $1.15 billion, a P/E ratio of 90.74 and a beta of 1.18. The stock has a 50 day moving average of $63.39 and a 200 day moving average of $81.09. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last posted its earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share 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%. As a group, sell-side analysts expect that Triumph Financial, Inc. will post 1.08 EPS 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.