Voya Investment Management LLC Sells 637 Shares of Triumph Financial, Inc. $TFIN

Voya Investment Management LLC reduced its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 9.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 6,063 shares of the company’s stock after selling 637 shares during the quarter. Voya Investment Management LLC’s holdings in Triumph Financial were worth $350,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TFIN. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Triumph Financial by 11.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,234 shares of the company’s stock valued at $5,201,000 after acquiring an additional 5,782 shares during the period. GAMMA Investing LLC increased its position in Triumph Financial by 10,573.0% in the 1st quarter. GAMMA Investing LLC now owns 40,344 shares of the company’s stock valued at $2,332,000 after acquiring an additional 39,966 shares during the period. NBC Securities Inc. increased its position in Triumph Financial by 88,233.3% in the 1st quarter. NBC Securities Inc. now owns 2,650 shares of the company’s stock valued at $153,000 after acquiring an additional 2,647 shares during the period. Precision Wealth Strategies LLC increased its position in Triumph Financial by 9.7% in the 1st quarter. Precision Wealth Strategies LLC now owns 5,871 shares of the company’s stock valued at $339,000 after acquiring an additional 517 shares during the period. Finally, Illinois Municipal Retirement Fund increased its position in Triumph Financial by 3.9% in the 1st quarter. Illinois Municipal Retirement Fund now owns 12,809 shares of the company’s stock valued at $740,000 after acquiring an additional 483 shares during the period. 91.11% of the stock is currently owned by institutional investors and hedge funds.

Triumph Financial Trading Down 1.0%

TFIN opened at $51.31 on Monday. Triumph Financial, Inc. has a twelve month low of $42.90 and a twelve month high of $110.58. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average of $58.15 and a 200-day moving average of $57.68. The stock has a market cap of $1.22 billion, a PE ratio of 116.62 and a beta of 1.29.

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings data on Wednesday, July 16th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.11. Triumph Financial had a net margin of 2.75% and a return on equity of 1.79%. The company had revenue of $108.06 million during the quarter, compared to analysts’ expectations of $105.85 million. On average, sell-side analysts predict that Triumph Financial, Inc. will post 1.08 EPS for the current year.

Analysts Set New Price Targets

Separately, DA Davidson upped their price target on shares of Triumph Financial from $56.00 to $63.00 and gave the company a “neutral” rating in a research report on Friday, July 18th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $70.75.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, CEO Aaron P. Graft sold 6,500 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $60.18, for a total value of $391,170.00. Following the completion of the sale, the chief executive officer directly owned 144,558 shares in the company, valued at approximately $8,699,500.44. This trade represents a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Adam D. Nelson sold 3,500 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $60.39, for a total transaction of $211,365.00. Following the completion of the sale, the executive vice president owned 27,832 shares of the company’s stock, valued at $1,680,774.48. The trade was a 11.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.58% of the company’s stock.

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.