Deutsche Bank AG Buys 6,800 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Deutsche Bank AG lifted its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 49.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,633 shares of the company's stock after purchasing an additional 6,800 shares during the period. Deutsche Bank AG owned about 0.09% of Triumph Financial worth $1,875,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Activity

In other Triumph Financial news, Director Davis R. Deadman acquired 1,500 shares of Triumph Financial stock in a transaction dated Friday, April 25th. The stock was purchased at an average cost of $53.50 per share, for a total transaction of $80,250.00. Following the completion of the acquisition, the director now directly owns 10,220 shares of the company's stock, valued at $546,770. This represents a 17.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Debra A. Bradford bought 1,508 shares of the firm's stock in a transaction dated Wednesday, April 23rd. The shares were acquired at an average cost of $49.39 per share, with a total value of $74,480.12. Following the completion of the transaction, the director now owns 3,348 shares of the company's stock, valued at $165,357.72. This represents a 81.96% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 4,008 shares of company stock worth $208,380 over the last quarter. 5.58% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TFIN has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods cut 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. B. Riley restated a "neutral" rating and set 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 for the company in a report on Monday, April 21st. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, Triumph Financial presently has a consensus rating of "Hold" and a consensus price target of $68.20.

Triumph Financial Stock Up 0.5%

TFIN traded up $0.28 during midday trading on Thursday, hitting $58.23. The company had a trading volume of 87,546 shares, compared to its average volume of 174,651. The stock's 50 day moving average price is $55.22 and its 200 day moving average price is $74.23. Triumph Financial, Inc. has a 52 week low of $42.90 and a 52 week high of $110.58. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 107.84 and a beta of 1.27. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05.

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

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.