Quantbot Technologies LP Acquires Shares of 17,320 Triumph Financial, Inc. $TFIN

Key Points

• Quantbot Technologies LP has acquired 17,320 shares of Triumph Financial, Inc. (NASDAQ: TFIN), valued at approximately $1,001,000, as per its recent 13F filing with the SEC.
• Bank of America increased its holdings in Triumph Financial by 478.3% during the fourth quarter, now owning 350,573 shares worth about $31.86 million.
• Triumph Financial reported earnings of $0.15 EPS, exceeding estimates of $0.04, with a revenue of $108.06 million during the last quarter.

Quantbot Technologies LP bought a new stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,320 shares of the company's stock, valued at approximately $1,001,000. Quantbot Technologies LP owned about 0.07% of Triumph Financial at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TFIN. CWM LLC boosted its holdings in Triumph Financial by 48.0% in the first quarter. CWM LLC now owns 589 shares of the company's stock valued at $34,000 after acquiring an additional 191 shares during the last quarter. GAMMA Investing LLC lifted its stake in Triumph Financial by 84.7% in the first quarter. GAMMA Investing LLC now owns 698 shares of the company's stock valued at $40,000 after buying an additional 320 shares during the period. NBC Securities Inc. lifted its stake in Triumph Financial by 88,233.3% in the first quarter. NBC Securities Inc. now owns 2,650 shares of the company's stock valued at $153,000 after buying an additional 2,647 shares during the period. Balyasny Asset Management L.P. acquired a new position in Triumph Financial in the fourth quarter valued at approximately $237,000. Finally, Precision Wealth Strategies LLC lifted its stake in Triumph Financial by 9.7% in the first quarter. Precision Wealth Strategies LLC now owns 5,871 shares of the company's stock valued at $339,000 after buying an additional 517 shares during the period. 91.11% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, DA Davidson boosted their price target on Triumph Financial from $56.00 to $63.00 and gave the company a "neutral" rating in a research note on Friday, July 18th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $70.75.

Triumph Financial Stock Down 0.1%

Shares of NASDAQ:TFIN traded down $0.09 during trading on Friday, reaching $61.60. 143,302 shares of the stock were exchanged, compared to its average volume of 222,828. The stock has a fifty day moving average of $59.22 and a two-hundred day moving average of $58.97. Triumph Financial, Inc. has a 1-year low of $42.90 and a 1-year high of $110.58. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 139.99 and a beta of 1.29. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.96 and a quick ratio of 0.96.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its quarterly earnings results on Wednesday, July 16th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.11. Triumph Financial had a return on equity of 1.79% and a net margin of 2.75%.The business had revenue of $108.06 million during the quarter, compared to the consensus estimate of $105.85 million. Research analysts anticipate that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Insider Buying and Selling at Triumph Financial

In related news, CEO Aaron P. Graft sold 6,500 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $60.18, for a total transaction of $391,170.00. Following the completion of the sale, the chief executive officer owned 144,558 shares in the company, valued at approximately $8,699,500.44. This represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Adam D. Nelson sold 3,500 shares of the company's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $60.39, for a total value of $211,365.00. Following the sale, the executive vice president owned 27,832 shares of the company's stock, valued at $1,680,774.48. This trade represents a 11.17% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 5.58% of the company's stock.

Triumph Financial Company 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.