Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by Stifel Financial Corp

Stifel Financial Corp decreased its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 12.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,293 shares of the company’s stock after selling 5,537 shares during the quarter. Stifel Financial Corp owned approximately 0.16% of Triumph Financial worth $2,966,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Triumph Financial by 258.3% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock worth $215,052,000 after buying an additional 1,896,348 shares during the period. Thrivent Financial for Lutherans increased its position 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 purchasing an additional 13,510 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Triumph Financial by 0.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,047,240 shares of the company’s stock valued at $85,607,000 after purchasing an additional 8,541 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Triumph Financial by 1.0% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 881,323 shares of the company’s stock worth $72,048,000 after purchasing an additional 8,990 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Triumph Financial by 12.6% during the second quarter. American Century Companies Inc. now owns 570,688 shares of the company’s stock worth $46,654,000 after purchasing an additional 63,760 shares in the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TFIN shares. B. Riley reaffirmed a “neutral” rating and set a $65.00 price target on shares of Triumph Financial in a report on Wednesday, October 2nd. DA Davidson raised their price objective on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $71.60.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of the company’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the completion of the transaction, the chief executive officer now owns 151,533 shares in the company, valued at approximately $16,117,049.88. This represents a 8.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.15% of the stock is owned by company insiders.

Triumph Financial Price Performance

TFIN stock opened at $97.23 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $2.27 billion, a P/E ratio of 124.66 and a beta of 1.21. The business has a 50 day simple moving average of $95.72 and a 200-day simple moving average of $86.32. Triumph Financial, Inc. has a twelve month low of $66.85 and a twelve month high of $110.58.

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 net margin of 4.47% and a return on equity of 2.64%. The company had revenue of $125.57 million for the quarter, compared to the consensus estimate of $106.29 million. During the same period last year, the firm posted $0.51 EPS. As a group, equities analysts anticipate that Triumph Financial, Inc. will post 0.62 EPS for the current year.

About Triumph Financial

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.