Barrow Hanley Mewhinney & Strauss LLC Sells 34,162 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Barrow Hanley Mewhinney & Strauss LLC cut its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 842,467 shares of the company's stock after selling 34,162 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 3.60% of Triumph Financial worth $76,563,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TFIN. Vanguard Group Inc. lifted its stake in Triumph Financial by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company's stock valued at $184,252,000 after acquiring an additional 24,868 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Triumph Financial by 1.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company's stock valued at $106,840,000 after purchasing an additional 19,286 shares during the period. American Century Companies Inc. raised its holdings in shares of Triumph Financial by 34.0% in the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock valued at $71,086,000 after purchasing an additional 198,611 shares during the period. Bank of America Corp DE lifted its stake in Triumph Financial by 478.3% in the 4th quarter. Bank of America Corp DE now owns 350,573 shares of the company's stock valued at $31,860,000 after purchasing an additional 289,955 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in Triumph Financial by 7.6% during the fourth quarter. Northern Trust Corp now owns 227,875 shares of the company's stock worth $20,709,000 after purchasing an additional 16,061 shares during the period. 91.11% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Davis R. Deadman acquired 1,500 shares of the company's stock in a transaction on Friday, April 25th. The stock was purchased at an average cost of $53.50 per share, with a total value of $80,250.00. Following the acquisition, the director now directly owns 10,220 shares of the company's stock, valued at approximately $546,770. The trade was a 17.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harrison B. Barnes purchased 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The stock was bought at an average price of $53.65 per share, for a total transaction of $53,650.00. Following the transaction, the director now directly owns 21,565 shares of the company's stock, valued at $1,156,962.25. This trade represents a 4.86% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 4,008 shares of company stock valued at $208,380 over the last 90 days. 5.58% of the stock is owned by corporate insiders.

Triumph Financial Stock Performance

NASDAQ:TFIN traded down $0.36 during mid-day trading on Wednesday, reaching $58.73. 53,929 shares of the company's stock were exchanged, compared to its average volume of 174,181. Triumph Financial, Inc. has a one year low of $42.90 and a one year high of $110.58. 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 fifty day simple moving average is $55.42 and its two-hundred day simple moving average is $74.63. The firm has a market capitalization of $1.38 billion, a PE ratio of 108.96 and a beta of 1.27.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its 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 return on equity of 1.93% and a net margin of 3.30%. The business had revenue of $101.57 million for the quarter, compared to analyst estimates of $104.49 million. During the same quarter in the previous year, the company earned $0.14 EPS. Analysts anticipate that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. DA Davidson cut their price objective on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Keefe, Bruyette & Woods dropped their price target on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a research note on Monday, April 21st. Finally, B. Riley reaffirmed a "neutral" rating and set a $55.00 price objective (down from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $68.20.

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.