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

Deutsche Bank AG grew its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 49.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 20,633 shares of the company's stock after buying an additional 6,800 shares during the period. Deutsche Bank AG owned approximately 0.09% of Triumph Financial worth $1,875,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in TFIN. Smartleaf Asset Management LLC raised its holdings in shares of Triumph Financial by 310.9% in 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 in the last quarter. Blue Trust Inc. increased its position in shares of Triumph Financial by 43.4% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company's stock worth $61,000 after purchasing an additional 204 shares in the last quarter. KBC Group NV increased its position in shares of Triumph Financial by 51.9% during the 4th quarter. KBC Group NV now owns 1,212 shares of the company's stock worth $110,000 after purchasing an additional 414 shares in the last quarter. Cottonwood Capital Advisors LLC acquired a new stake in shares of Triumph Financial during the 4th quarter worth about $215,000. Finally, Bank of Montreal Can acquired a new stake in shares of Triumph Financial during the 4th quarter worth about $219,000. Institutional investors and hedge funds own 91.11% of the company's stock.

Triumph Financial Stock Performance

Triumph Financial stock traded down $0.68 during mid-day trading on Wednesday, hitting $58.41. 81,280 shares of the company's stock traded hands, compared to its average volume of 174,289. The firm has a 50 day simple moving average of $55.42 and a two-hundred day simple moving average of $74.63. Triumph Financial, Inc. has a fifty-two week low of $42.90 and a fifty-two week high of $110.58. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 108.64 and a beta of 1.27. 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 posted its quarterly earnings data 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). The business had revenue of $101.57 million during the quarter, compared to the consensus estimate of $104.49 million. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. During the same period in the prior year, the firm earned $0.14 EPS. On average, research analysts expect that Triumph Financial, Inc. will post 1.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TFIN. B. Riley restated a "neutral" rating and issued a $55.00 target price (down from $65.00) on shares of Triumph Financial in a research note on Wednesday, April 23rd. DA Davidson lowered their price objective on shares of Triumph Financial from $68.00 to $56.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Finally, Keefe, Bruyette & Woods lowered their price target 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. One analyst has rated the stock with a sell rating and four have issued 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.

Insider Buying and Selling at Triumph Financial

In related news, Director Harrison B. Barnes acquired 1,000 shares of the stock in a transaction dated 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 purchase, the director now directly owns 21,565 shares of the company's stock, valued at $1,156,962.25. The trade was a 4.86% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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. Over the last three months, insiders bought 4,008 shares of company stock worth $208,380. 5.58% of the stock is currently owned by insiders.

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.