Americana Partners LLC Trims Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Americana Partners LLC trimmed its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 4.5% in the 4th quarter, Holdings Channel reports. The firm owned 4,807 shares of the company’s stock after selling 226 shares during the quarter. Americana Partners LLC’s holdings in Triumph Financial were worth $437,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans lifted its holdings in shares of Triumph Financial by 1.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock worth $91,975,000 after acquiring an additional 13,510 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Triumph Financial by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 518,112 shares of the company’s stock worth $41,218,000 after acquiring an additional 8,609 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Triumph Financial by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company’s stock worth $15,553,000 after acquiring an additional 7,021 shares during the last quarter. Hodges Capital Management Inc. lifted its holdings 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 worth $13,490,000 after acquiring an additional 44,100 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in shares of Triumph Financial by 2.5% during the 4th quarter. Rhumbline Advisers now owns 61,508 shares of the company’s stock worth $5,590,000 after acquiring an additional 1,497 shares during the last quarter. 91.11% of the stock is owned by institutional investors.

Insider Buying and Selling at Triumph Financial

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

Wall Street Analysts Forecast Growth

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

Triumph Financial Stock Performance

Triumph Financial stock opened at $72.81 on Wednesday. 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 $1.71 billion, a PE ratio of 134.84 and a beta of 1.22. The firm has a fifty day simple moving average of $86.25 and a two-hundred day simple moving average of $87.21. Triumph Financial, Inc. has a twelve month low of $66.85 and a twelve month high of $110.58.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. Research analysts expect that Triumph Financial, Inc. will post 1.08 EPS for the current year.

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.