1 week Ago By ABMN Staff
Barclays PLC cut its stake in Triumph Financial, Inc. ( NASDAQ:TFIN – Free Report ) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC.
The institutional investor owned 49,533 shares of the company’s stock after selling 1,792 shares during the quarter. Barclays PLC owned about 0.21% of Triumph Financial worth $4,501,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the stock. American Century Companies Inc. lifted its holdings in shares of Triumph Financial by 34.
0% in the fourth quarter. American Century Companies Inc. now owns 782,198 shares of the company’s stock worth $71,086,000 after buying an additional 198,611 shares in the last quarter.
Norges Bank bought a new position in Triumph Financial in the 4th quarter valued at $6,151,000. Hodges Capital Management Inc. grew its position in shares of Triumph Financial by 42.
3% during the 4th quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company’s stock valued at $13,490,000 after purchasing an additional 44,100 shares in the last quarter.
Diamond Hill Capital Management Inc. increased its holdings in shares of Triumph Financial by 27.3% in the fourth quarter.
Diamond Hill Capital Management Inc. now owns 142,670 shares of the company’s stock worth $12,966,000 after purchasing an additional 30,640 shares during the period. Finally, Vanguard Group Inc.
boosted its stake in Triumph Financial by 1.2% during the fourth quarter. Vanguard Group Inc.
now owns 2,027,420 shares of the company’s stock valued at $184,252,000 after buying an additional 24,868 shares during the period. Hedge funds and other institutional investors own 91.11% of the company’s stock.
Triumph Financial Price Performance Shares of Triumph Financial stock opened at $52.65 on Monday. The company has a debt-to-equity ratio of 0.
05, a quick ratio of 0.98 and a current ratio of 0.98.
Triumph Financial, Inc. has a 52-week low of $42.90 and a 52-week high of $110.
58. The company has a fifty day moving average of $58.35 and a 200-day moving average of $79.
28. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 97.
50 and a beta of 1.18. Wall Street Analyst Weigh In TFIN has been the topic of a number of research analyst reports.
Keefe, Bruyette & Woods decreased their target price on Triumph Financial from $68.00 to $56.00 and set a “market perform” rating on the stock in a research note on Monday, April 21st.
B. Riley reaffirmed a “neutral” rating and issued a $55.00 target price (down from $65.
00) on shares of Triumph Financial in a research note on Wednesday, April 23rd. DA Davidson lowered their price objective on shares of Triumph Financial from $68.00 to $56.
00 and set a “neutral” rating on the stock in a research report on Monday, April 21st. Finally, Stephens reiterated an “equal weight” rating and issued a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd.
One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $68.20.
View Our Latest Stock Report on TFIN Insider Transactions at Triumph Financial In other news, Director Debra A. Bradford purchased 1,508 shares of the business’s stock in a transaction on Wednesday, April 23rd. The shares were acquired at an average price of $49.
39 per share, with a total value of $74,480.12. Following the acquisition, the director now directly owns 3,348 shares in the company, valued at approximately $165,357.
72. The trade was a 81.96 % increase in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . Company insiders own 5.58% of the company’s stock.
About Triumph Financial ( 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.
Read More Want to see what other hedge funds are holding TFIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Triumph Financial, Inc. ( NASDAQ:TFIN – Free Report ).
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