BNP Paribas Financial Markets Sells 10,718 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

BNP Paribas Financial Markets lessened its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 71.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,362 shares of the company’s stock after selling 10,718 shares during the quarter. BNP Paribas Financial Markets’ holdings in Triumph Financial were worth $396,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TFIN. Vanguard Group Inc. lifted its holdings in Triumph Financial by 1.2% in 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. Thrivent Financial for Lutherans lifted its stake in shares of Triumph Financial by 1.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company’s stock valued at $106,840,000 after purchasing an additional 19,286 shares during the period. American Century Companies Inc. boosted its position in shares of Triumph Financial by 34.0% in the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company’s stock worth $71,086,000 after purchasing an additional 198,611 shares during the last quarter. Northern Trust Corp grew its stake in shares of Triumph Financial by 7.6% during the fourth quarter. Northern Trust Corp now owns 227,875 shares of the company’s stock worth $20,709,000 after purchasing an additional 16,061 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Triumph Financial by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 199,071 shares of the company’s stock worth $18,092,000 after purchasing an additional 3,539 shares during the period. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Stock Up 0.3%

NASDAQ:TFIN opened at $58.17 on Monday. Triumph Financial, Inc. has a 1 year low of $42.90 and a 1 year high of $110.58. The stock has a 50-day moving average price of $55.55 and a two-hundred day moving average price of $75.00. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 107.72 and a beta of 1.27. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Wednesday, April 16th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. The business had revenue of $101.57 million for the quarter, compared to the consensus estimate of $104.49 million. During the same quarter last year, the firm earned $0.14 EPS. As a group, equities analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Keefe, Bruyette & Woods cut 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. DA Davidson lowered their price target on Triumph Financial from $68.00 to $56.00 and set a “neutral” rating for the company in a research note on Monday, April 21st. Finally, B. Riley reissued a “neutral” rating and set a $55.00 price objective (down previously from $65.00) on shares of Triumph Financial in a research note on Wednesday, April 23rd. 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 company presently has an average rating of “Hold” and an average target price of $68.20.

Insider Activity

In related news, Director Harrison B. Barnes acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 29th. The shares were acquired at an average cost of $53.65 per share, with a total value of $53,650.00. Following the transaction, the director now owns 21,565 shares of the company’s stock, valued at $1,156,962.25. The trade was a 4.86% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Davis R. Deadman bought 1,500 shares of the stock in a transaction on Friday, April 25th. The shares were purchased at an average price of $53.50 per share, with a total value of $80,250.00. Following the acquisition, the director now owns 10,220 shares in the company, valued at approximately $546,770. This represents a 17.20% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 4,008 shares of company stock worth $208,380 over the last quarter. 5.58% of the stock is currently owned by company insiders.

Triumph Financial Company 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.