New York State Common Retirement Fund Has $4.34 Million Stake in Triumph Financial, Inc. (NASDAQ:TFIN)

New York State Common Retirement Fund grew its stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 13.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,021 shares of the company's stock after buying an additional 8,670 shares during the period. New York State Common Retirement Fund owned approximately 0.32% of Triumph Financial worth $4,336,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in shares of Triumph Financial by 84.7% during the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company's stock worth $40,000 after purchasing an additional 320 shares during the last quarter. Bank of Montreal Can acquired a new position in Triumph Financial in the 4th quarter valued at approximately $219,000. KLP Kapitalforvaltning AS acquired a new position in Triumph Financial in the 4th quarter valued at approximately $445,000. Swiss National Bank raised its holdings in Triumph Financial by 0.9% in the 4th quarter. Swiss National Bank now owns 43,700 shares of the company's stock valued at $3,971,000 after acquiring an additional 400 shares in the last quarter. Finally, Norges Bank acquired a new position in Triumph Financial in the 4th quarter valued at approximately $6,151,000. Institutional investors and hedge funds own 91.11% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Keefe, Bruyette & Woods cut their price target on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating for the company in a report on Monday, April 21st. DA Davidson upped their price objective on Triumph Financial from $56.00 to $63.00 and gave the company a "neutral" rating in a research note on Friday, July 18th. Finally, B. Riley reiterated a "neutral" rating and issued a $55.00 price objective (down from $65.00) on shares of Triumph Financial in a research note on Wednesday, April 23rd.

Insider Buying and Selling

In other Triumph Financial news, Director Harrison B. Barnes acquired 1,000 shares of the company's stock in a transaction that occurred on Tuesday, April 29th. The shares were acquired at an average price of $53.65 per share, with a total value of $53,650.00. Following the purchase, the director owned 21,565 shares of the company's stock, valued at $1,156,962.25. This represents a 4.86% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 5.58% of the company's stock.

Triumph Financial Trading Up 0.0%

Shares of NASDAQ:TFIN traded up $0.01 during midday trading on Friday, hitting $63.09. The company had a trading volume of 176,597 shares, compared to its average volume of 331,459. Triumph Financial, Inc. has a 12 month low of $42.90 and a 12 month high of $110.58. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 143.39 and a beta of 1.29. The firm has a fifty day simple moving average of $59.86 and a 200 day simple moving average of $63.38.

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

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.