Analysts Set Triumph Financial, Inc. (NYSE:TFIN) PT at $64.75

Triumph Financial, Inc. (NYSE:TFIN) has received an average rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $64.75.

A number of equities research analysts recently weighed in on the stock. B. Riley Financial reaffirmed a “neutral” rating and issued a $70.00 target price on shares of Triumph Financial in a research note on Monday, January 12th. Zacks Research lowered shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Wall Street Zen upgraded shares of Triumph Financial from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. DA Davidson reaffirmed a “neutral” rating and set a $60.00 price objective on shares of Triumph Financial in a report on Thursday, January 29th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Triumph Financial from $66.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 28th.

Triumph Financial Stock Down 0.4%

Triumph Financial stock opened at $55.40 on Thursday. The stock has a market capitalization of $1.32 billion, a PE ratio of 59.56 and a beta of 1.50. 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 business’s 50-day simple moving average is $63.95. Triumph Financial has a 52 week low of $42.90 and a 52 week high of $77.84.

Triumph Financial (NYSE:TFIN) last released its quarterly earnings results on Monday, January 26th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.48. Triumph Financial had a return on equity of 3.49% and a net margin of 4.89%.The firm had revenue of $105.19 million for the quarter, compared to analysts’ expectations of $111.21 million.

Insider Transactions at Triumph Financial

In other 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 value of $195,540.00. Following the completion of the transaction, the executive vice president directly owned 24,832 shares in the company, valued at approximately $1,618,549.76. This represents a 10.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.58% of the stock is currently owned by company insiders.

Institutional Trading of Triumph Financial

Hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue grew its position in Triumph Financial by 1.3% during the fourth quarter. State of Alaska Department of Revenue now owns 11,494 shares of the company’s stock valued at $719,000 after acquiring an additional 148 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Triumph Financial by 46.1% in the 4th quarter. Farther Finance Advisors LLC now owns 491 shares of the company’s stock valued at $31,000 after purchasing an additional 155 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of Triumph Financial by 2.9% in the 3rd quarter. Arizona State Retirement System now owns 6,655 shares of the company’s stock valued at $333,000 after purchasing an additional 189 shares in the last quarter. Inceptionr LLC grew its holdings in shares of Triumph Financial by 4.2% during the 2nd quarter. Inceptionr LLC now owns 4,747 shares of the company’s stock valued at $262,000 after purchasing an additional 192 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Triumph Financial by 9.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company’s stock valued at $126,000 after purchasing an additional 195 shares during the last quarter. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Triumph Financial Company Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.