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

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

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position in shares of Triumph Financial by 310.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 563 shares of the company's stock valued at $51,000 after purchasing an additional 426 shares in the last quarter. Blue Trust Inc. boosted its holdings in Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company's stock worth $61,000 after acquiring an additional 204 shares in the last quarter. KBC Group NV boosted its holdings in Triumph Financial by 51.9% in the fourth quarter. KBC Group NV now owns 1,212 shares of the company's stock worth $110,000 after acquiring an additional 414 shares in the last quarter. Cottonwood Capital Advisors LLC bought a new position in Triumph Financial in the fourth quarter worth approximately $215,000. Finally, Bank of Montreal Can bought a new position in Triumph Financial in the fourth quarter worth approximately $219,000. Institutional investors own 91.11% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TFIN. DA Davidson cut their price target on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. Keefe, Bruyette & Woods dropped their target price on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. Finally, B. Riley restated a "neutral" rating and issued a $55.00 target price (down previously from $65.00) on shares of Triumph Financial in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat.com, Triumph Financial presently has an average rating of "Hold" and an average price target of $68.20.

Triumph Financial Stock Up 1.6%

Shares of TFIN stock traded up $0.92 during trading hours on Tuesday, reaching $59.09. The company had a trading volume of 158,594 shares, compared to its average volume of 217,323. Triumph Financial, Inc. has a 12 month low of $42.90 and a 12 month high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The business has a fifty day simple moving average of $55.47 and a 200-day simple moving average of $74.74. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 109.43 and a beta of 1.27.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The company reported $0.04 earnings per share 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 company had revenue of $101.57 million during the quarter, compared to analysts' expectations of $104.49 million. During the same period last year, the firm posted $0.14 earnings per share. On average, research analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Insider Buying and Selling

In other 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 cost of $49.39 per share, for a total transaction of $74,480.12. Following the completion of the purchase, the director now directly owns 3,348 shares in the company, valued at $165,357.72. This represents a 81.96% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Harrison B. Barnes bought 1,000 shares of the stock in a transaction on Tuesday, April 29th. The stock was purchased at an average price of $53.65 per share, for a total transaction 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. This trade represents a 4.86% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 4,008 shares of company stock worth $208,380. Insiders own 5.58% of the company's stock.

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.