Triumph Financial (NASDAQ:TFIN) PT Raised to $75.00 at Keefe, Bruyette & Woods

Triumph Financial (NASDAQ:TFINFree Report) had its target price increased by Keefe, Bruyette & Woods from $68.00 to $75.00 in a research note released on Tuesday, Benzinga reports. They currently have a market perform rating on the stock.

Separately, DA Davidson lowered their price objective on Triumph Financial from $73.00 to $68.00 and set a neutral rating on the stock in a report on Friday, April 19th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of Hold and an average price target of $66.80.

View Our Latest Stock Report on Triumph Financial

Triumph Financial Price Performance

Shares of Triumph Financial stock opened at $77.40 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.05. Triumph Financial has a twelve month low of $56.91 and a twelve month high of $82.22. The business has a 50-day moving average price of $73.72 and a 200 day moving average price of $75.12. The firm has a market cap of $1.81 billion, a PE ratio of 59.08 and a beta of 1.19.

Triumph Financial (NASDAQ:TFINGet Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.18). Triumph Financial had a net margin of 7.16% and a return on equity of 4.22%. The business had revenue of $101.03 million during the quarter, compared to analysts’ expectations of $106.01 million. Sell-side analysts predict that Triumph Financial will post 1.18 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Carlos M. Sepulveda sold 16,000 shares of Triumph Financial stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $71.12, for a total value of $1,137,920.00. Following the sale, the director now directly owns 351,484 shares in the company, valued at approximately $24,997,542.08. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Todd Ritterbusch sold 7,854 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $73.84, for a total transaction of $579,939.36. Following the transaction, the insider now directly owns 10,434 shares in the company, valued at approximately $770,446.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Carlos M. Sepulveda sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $71.12, for a total value of $1,137,920.00. Following the transaction, the director now owns 351,484 shares in the company, valued at $24,997,542.08. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,854 shares of company stock worth $1,940,069. Insiders own 6.15% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TFIN. Larson Financial Group LLC acquired a new position in shares of Triumph Financial during the 4th quarter worth approximately $42,000. Quest Partners LLC acquired a new position in Triumph Financial in the fourth quarter valued at approximately $75,000. Welch Group LLC acquired a new position in Triumph Financial in the fourth quarter valued at approximately $212,000. Howard Financial Services LTD. acquired a new position in Triumph Financial in the fourth quarter valued at approximately $241,000. Finally, ProShare Advisors LLC lifted its holdings in Triumph Financial by 7.4% in the first quarter. ProShare Advisors LLC now owns 4,468 shares of the company’s stock valued at $354,000 after acquiring an additional 306 shares during the last quarter. 91.11% of the stock is currently owned by institutional investors and hedge funds.

About Triumph Financial

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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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