Public Sector Pension Investment Board Increases Position in Triumph Financial, Inc. $TFIN

Public Sector Pension Investment Board raised its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 27.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,685 shares of the company's stock after buying an additional 15,010 shares during the period. Public Sector Pension Investment Board owned about 0.30% of Triumph Financial worth $4,028,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Nuveen LLC purchased a new position in shares of Triumph Financial during the first quarter valued at approximately $3,409,000. Invesco Ltd. boosted its position in shares of Triumph Financial by 5.9% during the first quarter. Invesco Ltd. now owns 57,100 shares of the company's stock valued at $3,300,000 after buying an additional 3,175 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Triumph Financial by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 206,865 shares of the company's stock valued at $11,957,000 after buying an additional 7,794 shares during the period. West Michigan Advisors LLC purchased a new position in shares of Triumph Financial during the first quarter valued at approximately $613,000. Finally, XTX Topco Ltd purchased a new position in shares of Triumph Financial during the first quarter valued at approximately $694,000. Hedge funds and other institutional investors own 91.11% of the company's stock.

Wall Street Analyst Weigh In

Separately, DA Davidson boosted their target price on Triumph Financial from $56.00 to $63.00 and gave the company a "neutral" rating in a research report on Friday, July 18th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $70.75.

Triumph Financial Trading Up 9.7%

Shares of Triumph Financial stock traded up $5.3250 on Friday, hitting $60.0450. 56,750 shares of the company traded hands, compared to its average volume of 222,173. The stock's 50 day moving average price is $58.54 and its 200-day moving average price is $59.61. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a 52 week low of $42.90 and a 52 week high of $110.58. The company has a market cap of $1.43 billion, a PE ratio of 136.15 and a beta of 1.29.

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 analysts' consensus estimates of $0.04 by $0.11. The company had revenue of $108.06 million during the quarter, compared to the consensus estimate of $105.85 million. Triumph Financial had a net margin of 2.75% and a return on equity of 1.79%. Equities research analysts predict that Triumph Financial, Inc. will post 1.08 EPS for the current year.

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.