Tectonic Advisors LLC Increases Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Tectonic Advisors LLC lifted its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 2.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 23,190 shares of the company’s stock after acquiring an additional 474 shares during the quarter. Tectonic Advisors LLC’s holdings in Triumph Financial were worth $2,108,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Hodges Capital Management Inc. raised its holdings in 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 acquiring an additional 44,100 shares during the period. Precision Wealth Strategies LLC raised its position in Triumph Financial by 2.7% during the fourth quarter. Precision Wealth Strategies LLC now owns 5,354 shares of the company’s stock valued at $487,000 after purchasing an additional 141 shares in the last quarter. KBC Group NV increased its holdings in shares of Triumph Financial by 51.9% in the fourth quarter. KBC Group NV now owns 1,212 shares of the company’s stock worth $110,000 after buying an additional 414 shares during the period. Blue Trust Inc. increased its holdings in shares of Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $61,000 after buying an additional 204 shares during the period. Finally, Cottonwood Capital Advisors LLC purchased a new position in shares of Triumph Financial in the fourth quarter worth about $215,000. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Insider Buying and Selling at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the firm’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 of the company’s stock, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.15% of the stock is owned by insiders.

Triumph Financial Stock Up 1.5 %

TFIN opened at $77.07 on Wednesday. The firm has a 50-day simple moving average of $91.66 and a two-hundred day simple moving average of $88.12. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.80 billion, a PE ratio of 142.72 and a beta of 1.22. Triumph Financial, Inc. has a 52 week low of $66.85 and a 52 week high of $110.58.

Triumph Financial (NASDAQ:TFIN) last issued its earnings results on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. Analysts forecast that Triumph Financial, Inc. will post 1.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TFIN has been the topic of several research reports. Stephens reaffirmed an “equal weight” rating and set a $109.00 price objective on shares of Triumph Financial in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods restated an “underperform” rating and issued a $80.00 price objective (down from $85.00) on shares of Triumph Financial in a report on Friday, January 24th. Finally, DA Davidson decreased their target price on shares of Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $80.20.

Triumph Financial Profile

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.