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

Dimensional Fund Advisors LP reduced its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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.

Several other hedge funds and other institutional investors also recently made changes to their positions in TFIN. Bank of Montreal Can purchased a new stake in shares of Triumph Financial during the fourth quarter valued at $219,000. JPMorgan Chase & Co. boosted its stake in Triumph Financial by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,238 shares of the company's stock worth $1,530,000 after purchasing an additional 536 shares during the period. US Bancorp DE grew its position in shares of Triumph Financial by 2.5% during the fourth quarter. US Bancorp DE now owns 13,425 shares of the company's stock valued at $1,220,000 after purchasing an additional 322 shares in the last quarter. Barclays PLC boosted its position in shares of Triumph Financial by 88.8% during the 3rd quarter. Barclays PLC now owns 51,325 shares of the company's stock valued at $4,082,000 after acquiring an additional 24,144 shares during the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in Triumph Financial in the fourth quarter worth $445,000. Hedge funds and other institutional investors own 91.11% of the company's stock.

Insider Activity at Triumph Financial

In related news, Director Debra A. Bradford bought 1,508 shares of the stock in a transaction on Wednesday, April 23rd. The shares were purchased at an average price of $49.39 per share, with a total value of $74,480.12. Following the purchase, the director now owns 3,348 shares in the company, valued at approximately $165,357.72. This represents a 81.96 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Harrison B. Barnes bought 1,000 shares of the business's stock in a transaction that occurred on Tuesday, April 29th. The shares were acquired at an average cost of $53.65 per share, with a total value of $53,650.00. Following the completion of the purchase, the director now owns 21,565 shares of the company's stock, valued at approximately $1,156,962.25. The trade was a 4.86 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 4,008 shares of company stock worth $208,380. 5.58% of the stock is currently owned by insiders.

Triumph Financial Stock Performance

Shares of NASDAQ:TFIN traded up $0.12 on Friday, reaching $54.50. The company's stock had a trading volume of 200,591 shares, compared to its average volume of 169,093. The stock's 50-day moving average is $56.84 and its two-hundred day moving average is $78.40. Triumph Financial, Inc. has a 52-week low of $42.90 and a 52-week high of $110.58. The stock has a market capitalization of $1.28 billion, a P/E ratio of 100.93 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98.

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

Wall Street Analysts Forecast Growth

TFIN has been the subject of a number of recent research reports. Stephens reissued an "equal weight" rating and issued a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods cut their target price on shares of Triumph Financial from $68.00 to $56.00 and set a "market perform" rating for the company in a report on Monday, April 21st. B. Riley reiterated a "neutral" rating and issued a $55.00 target price (down previously from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. Finally, DA Davidson lowered their target price on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report 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 stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $68.20.

Triumph Financial 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.