Dimensional Fund Advisors LP Has $85.98 Million Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Dimensional Fund Advisors LP decreased its stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 946,084 shares of the company's stock after selling 49,654 shares during the period. Dimensional Fund Advisors LP owned 4.04% of Triumph Financial worth $85,981,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TFIN. Vanguard Group Inc. boosted its position in shares of Triumph Financial by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company's stock worth $184,252,000 after buying an additional 24,868 shares during the period. Thrivent Financial for Lutherans boosted its position in Triumph Financial by 1.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company's stock worth $106,840,000 after acquiring an additional 19,286 shares during the period. American Century Companies Inc. grew its stake in shares of Triumph Financial by 34.0% in the fourth 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 in the last quarter. Charles Schwab Investment Management Inc. increased its holdings 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 valued at $18,092,000 after purchasing an additional 3,539 shares during the period. Finally, Hodges Capital Management Inc. lifted its holdings in Triumph Financial by 42.3% in the fourth quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company's stock worth $13,490,000 after purchasing an additional 44,100 shares during the period. Institutional investors and hedge funds own 91.11% of the company's stock.

Triumph Financial Stock Up 1.7 %

NASDAQ:TFIN traded up $0.94 during trading hours on Monday, hitting $55.44. 25,925 shares of the stock traded hands, compared to its average volume of 168,423. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 102.81 and a beta of 1.18. The firm has a 50 day moving average price of $56.84 and a 200 day moving average price of $78.31. 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, Inc. has a fifty-two week low of $42.90 and a fifty-two week high of $110.58.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The business had revenue of $101.57 million for the quarter, compared to analyst estimates of $104.49 million. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. During the same quarter in the previous year, the business posted $0.14 earnings per share. Equities research analysts anticipate that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TFIN shares. Stephens reiterated an "equal weight" rating and set a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. B. Riley reissued a "neutral" rating and set a $55.00 target price (down from $65.00) on shares of Triumph Financial in a research note on Wednesday, April 23rd. Keefe, Bruyette & Woods decreased their price target on shares of Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a research report on Monday, April 21st. Finally, DA Davidson reduced their price objective 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. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $68.20.

Insider Buying and Selling at Triumph Financial

In other news, Director Harrison B. Barnes bought 1,000 shares of the company's stock in a transaction on Tuesday, April 29th. The shares were bought at an average cost of $53.65 per share, with a total value of $53,650.00. Following the transaction, the director now directly owns 21,565 shares in the company, valued at approximately $1,156,962.25. This trade represents a 4.86 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Davis R. Deadman purchased 1,500 shares of Triumph Financial stock in a transaction dated 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 completion of the acquisition, the director now owns 10,220 shares in the company, valued at $546,770. The trade was a 17.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 4,008 shares of company stock worth $208,380. 5.58% of the stock is currently owned by company insiders.

About Triumph Financial

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.