Anthracite Investment Company Inc. Sells 4,000 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Anthracite Investment Company Inc. lowered its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 13.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,844 shares of the company’s stock after selling 4,000 shares during the quarter. Anthracite Investment Company Inc.’s holdings in Triumph Financial were worth $2,440,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC lifted its position in Triumph Financial by 44.5% during the third quarter. Intech Investment Management LLC now owns 6,185 shares of the company’s stock valued at $492,000 after acquiring an additional 1,906 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Triumph Financial by 3.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company’s stock worth $15,553,000 after buying an additional 7,021 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of Triumph Financial during the 3rd quarter valued at approximately $49,000. BNP Paribas Financial Markets lifted its stake in shares of Triumph Financial by 77.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company’s stock valued at $1,199,000 after purchasing an additional 6,601 shares during the period. Finally, Verition Fund Management LLC lifted its stake in shares of Triumph Financial by 44.3% in the 3rd quarter. Verition Fund Management LLC now owns 3,853 shares of the company’s stock valued at $306,000 after purchasing an additional 1,182 shares during the period. 91.11% of the stock is owned by institutional investors.

Triumph Financial Stock Performance

Shares of TFIN opened at $64.22 on Wednesday. Triumph Financial, Inc. has a 1 year low of $58.22 and a 1 year high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The company’s fifty day moving average is $72.01 and its two-hundred day moving average is $83.90. The stock has a market capitalization of $1.50 billion, a P/E ratio of 118.93 and a beta of 1.22.

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

Analysts Set New Price Targets

A number of research firms have recently commented on TFIN. Stephens restated an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. DA Davidson lowered their target price on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Finally, Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an “underperform” rating to a “market perform” rating and decreased their target price for the company from $80.00 to $74.00 in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $79.00.

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.