Triumph Financial, Inc. $TFIN Shares Acquired by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 868,807 shares of the company’s stock after purchasing an additional 35,905 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned approximately 3.66% of Triumph Financial worth $43,475,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp lifted its holdings in shares of Triumph Financial by 85.4% in the third quarter. Fifth Third Bancorp now owns 497 shares of the company’s stock valued at $25,000 after purchasing an additional 229 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Triumph Financial by 66.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 522 shares of the company’s stock worth $26,000 after purchasing an additional 209 shares in the last quarter. AlphaQuest LLC acquired a new position in shares of Triumph Financial during the 3rd quarter worth approximately $56,000. Tower Research Capital LLC TRC lifted its stake in Triumph Financial by 9.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock valued at $126,000 after buying an additional 195 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Triumph Financial by 28.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,342 shares of the company’s stock valued at $117,000 after buying an additional 514 shares in the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Insider Transactions at Triumph Financial

In other Triumph Financial news, EVP Adam D. Nelson sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $65.18, for a total transaction of $195,540.00. Following the completion of the sale, the executive vice president directly owned 24,832 shares in the company, valued at $1,618,549.76. This represents a 10.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 5.58% of the company’s stock.

Triumph Financial Stock Down 2.6%

TFIN opened at $57.03 on Thursday. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 129.62 and a beta of 1.50. Triumph Financial, Inc. has a 12 month low of $42.90 and a 12 month high of $77.84. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.96 and a quick ratio of 0.96. The business has a 50-day moving average of $64.26 and a two-hundred day moving average of $59.45.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TFIN. DA Davidson reissued a “neutral” rating and issued a $60.00 price target on shares of Triumph Financial in a report on Thursday, January 29th. B. Riley Financial restated a “neutral” rating and issued a $70.00 target price on shares of Triumph Financial in a report on Monday, January 12th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Triumph Financial from $66.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, January 28th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Triumph Financial has a consensus rating of “Hold” and a consensus price target of $64.75.

About Triumph Financial

Triumph Financial, Inc is a bank holding company headquartered in Dallas, Texas. Through its wholly owned subsidiary, Triumph Bank, the company delivers a broad range of commercial and retail banking services to businesses and individuals. Since its foundation, Triumph Financial has focused on building a community-oriented banking platform that emphasizes personalized service and local decision-making.

The company’s commercial banking offerings include deposit products, treasury management solutions, digital cash management, equipment financing, and commercial real estate lending.