Triumph Financial, Inc. $TFIN Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 16.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 519,709 shares of the company’s stock after selling 100,515 shares during the period. American Century Companies Inc. owned about 2.19% of Triumph Financial worth $26,006,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TFIN. Royal Bank of Canada increased its stake in Triumph Financial by 73.8% during the first quarter. Royal Bank of Canada now owns 27,541 shares of the company’s stock valued at $1,592,000 after purchasing an additional 11,694 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Triumph Financial by 45.2% in the 1st quarter. AQR Capital Management LLC now owns 5,760 shares of the company’s stock worth $333,000 after buying an additional 1,794 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Triumph Financial by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,138 shares of the company’s stock worth $759,000 after buying an additional 564 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Triumph Financial by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 148,025 shares of the company’s stock valued at $8,158,000 after buying an additional 7,635 shares during the period. Finally, Atria Investments Inc grew its position in shares of Triumph Financial by 5.0% during the 2nd quarter. Atria Investments Inc now owns 5,104 shares of the company’s stock valued at $281,000 after buying an additional 243 shares during the last quarter. 91.11% of the stock is currently owned by institutional investors.

Insider Transactions at Triumph Financial

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TFIN shares. DA Davidson reiterated a “neutral” rating and set a $60.00 price objective on shares of Triumph Financial in a research note on Thursday, January 29th. Keefe, Bruyette & Woods upped their target price on Triumph Financial from $66.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, January 28th. Finally, B. Riley Financial reiterated a “neutral” rating and set a $70.00 price target on shares of Triumph Financial in a research report on Monday, January 12th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $64.75.

Triumph Financial Stock Performance

Shares of TFIN opened at $59.05 on Monday. The firm has a fifty day moving average of $64.56 and a 200-day moving average of $59.45. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 134.21 and a beta of 1.50. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.96. Triumph Financial, Inc. has a 1 year low of $42.90 and a 1 year high of $77.84.

Triumph Financial Company Profile

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.