Public Sector Pension Investment Board Has $4.03 Million Stock Holdings in Triumph Financial, Inc. $TFIN

Public Sector Pension Investment Board boosted its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 27.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,685 shares of the company's stock after acquiring an additional 15,010 shares during the period. Public Sector Pension Investment Board owned approximately 0.30% of Triumph Financial worth $4,028,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in TFIN. LPL Financial LLC increased its holdings in Triumph Financial by 130.0% during the 4th quarter. LPL Financial LLC now owns 6,066 shares of the company's stock worth $551,000 after purchasing an additional 3,429 shares in the last quarter. Bank of Montreal Can bought a new position in Triumph Financial during the 4th quarter worth about $219,000. Legal & General Group Plc increased its holdings in Triumph Financial by 1.3% during the 4th quarter. Legal & General Group Plc now owns 62,973 shares of the company's stock worth $5,723,000 after purchasing an additional 789 shares in the last quarter. Marshall Wace LLP bought a new position in Triumph Financial during the 4th quarter worth about $2,152,000. Finally, First Trust Advisors LP increased its holdings in Triumph Financial by 10.7% during the 4th quarter. First Trust Advisors LP now owns 15,648 shares of the company's stock worth $1,422,000 after purchasing an additional 1,513 shares in the last quarter. Institutional investors own 91.11% of the company's stock.

Triumph Financial Stock Performance

Shares of Triumph Financial stock traded up $0.2050 during trading on Wednesday, hitting $54.0750. 158,816 shares of the stock were exchanged, compared to its average volume of 223,540. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 122.90 and a beta of 1.29. The company has a fifty day moving average price of $58.74 and a 200-day moving average price of $59.80. Triumph Financial, Inc. has a 1-year low of $42.90 and a 1-year 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.

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

Analysts Set New Price Targets

A number of research firms have issued reports on TFIN. DA Davidson increased their target price on Triumph Financial from $56.00 to $63.00 and gave the stock a "neutral" rating in a report on Friday, July 18th. B. Riley reissued a "neutral" rating and set a $55.00 price target (down from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $70.75.

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.