Triumph Financial, Inc. $TFIN Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP increased its position in shares of Triumph Financial, Inc. (NYSE:TFIN) by 111.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,181 shares of the company’s stock after buying an additional 8,519 shares during the quarter. Quantinno Capital Management LP owned about 0.07% of Triumph Financial worth $965,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. AltraVue Capital LLC raised its position in Triumph Financial by 22.0% in 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. Jacobs Asset Management LLC increased its position in shares of Triumph Financial by 922.0% during the 1st quarter. Jacobs Asset Management LLC now owns 117,500 shares of the company’s stock worth $7,010,000 after purchasing an additional 106,003 shares during the last quarter. Investment Management Associates Inc. ADV raised its holdings in Triumph Financial by 34.2% in the 4th quarter. Investment Management Associates Inc. ADV now owns 340,161 shares of the company’s stock valued at $21,304,000 after buying an additional 86,761 shares during the period. Diamond Hill Capital Management Inc. raised its holdings in Triumph Financial by 21.5% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 439,895 shares of the company’s stock valued at $27,551,000 after buying an additional 77,942 shares during the period. Finally, Bank of America Corp DE lifted its position in Triumph Financial by 20.3% in the second quarter. Bank of America Corp DE now owns 459,109 shares of the company’s stock valued at $25,301,000 after buying an additional 77,390 shares during the last quarter. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Triumph Financial

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

Triumph Financial Stock Performance

NYSE TFIN opened at $78.23 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $1.87 billion, a P/E ratio of 52.86 and a beta of 1.39. The stock has a 50-day moving average of $76.35 and a two-hundred day moving average of $67.80. Triumph Financial, Inc. has a 1-year low of $46.43 and a 1-year high of $83.52.

Triumph Financial (NYSE:TFIN) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.44. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. The business had revenue of $120.24 million for the quarter, compared to analysts’ expectations of $114.67 million. As a group, analysts anticipate that Triumph Financial, Inc. will post 1.93 EPS for the current year.

Analyst Upgrades and Downgrades

TFIN has been the subject of several research analyst reports. B. Riley Financial increased their target price on shares of Triumph Financial from $70.00 to $82.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. DA Davidson upped their price objective on shares of Triumph Financial from $65.00 to $82.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Keefe, Bruyette & Woods increased their price objective on shares of Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Stephens lifted their target price on shares of Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Finally, Zacks Research downgraded shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $85.00.

About Triumph Financial

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.