Triumph Financial’s (TFIN) Underperform Rating Reaffirmed at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reiterated their underperform rating on shares of Triumph Financial (NASDAQ:TFINFree Report) in a research report released on Friday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a $80.00 price objective on the stock, down from their previous price objective of $85.00.

A number of other brokerages also recently weighed in on TFIN. B. Riley reiterated a “neutral” rating and issued a $65.00 price objective on shares of Triumph Financial in a research report on Wednesday, October 2nd. Stephens reaffirmed an “equal weight” rating and issued a $109.00 price target on shares of Triumph Financial in a report on Thursday. Finally, DA Davidson raised their price objective 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 assigned a hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $80.60.

Get Our Latest Stock Analysis on TFIN

Triumph Financial Stock Down 0.4 %

Triumph Financial stock opened at $78.56 on Friday. The business’s 50-day moving average price is $95.32 and its 200 day moving average price is $88.64. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 145.48 and a beta of 1.24. Triumph Financial has a 52 week low of $66.85 and a 52 week high of $110.58.

Triumph Financial (NASDAQ:TFINGet Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. As a group, sell-side analysts anticipate that Triumph Financial will post 1.71 earnings per share for the current year.

Insider Buying and Selling

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the completion of the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at approximately $16,117,049.88. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.15% of the company’s stock.

Hedge Funds Weigh In On Triumph Financial

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Blue Trust Inc. raised its stake in Triumph Financial by 122.7% in the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock valued at $38,000 after purchasing an additional 259 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Triumph Financial in the third quarter valued at about $49,000. KBC Group NV raised its position in shares of Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after buying an additional 253 shares during the last quarter. Mechanics Bank Trust Department purchased a new position in shares of Triumph Financial in the fourth quarter worth about $202,000. Finally, Cottonwood Capital Advisors LLC acquired a new position in Triumph Financial during the fourth quarter worth about $215,000. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Triumph Financial Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Triumph Financial (NASDAQ:TFIN)

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