Susquehanna Fundamental Investments LLC Has $2.99 Million Stock Holdings in Triumph Financial, Inc. $TFIN

Key Points

• Susquehanna Fundamental Investments increased its Triumph Financial stake by 66.5% in the second quarter, bringing its holdings to 39,233 shares valued at approximately $2.99 million. Institutional investors collectively own 91.11% of the company.
• Analysts maintain a broadly neutral outlook, with six Hold ratings and a consensus price target of $85. Recent target increases ranged from $82 to $88.
• Triumph Financial matched quarterly earnings expectations at $0.44 per share and exceeded revenue estimates with $120.24 million, while two executives recently sold shares under a pre-arranged trading plan.

Susquehanna Fundamental Investments LLC grew its holdings in Triumph Financial, Inc. (NYSE:TFIN - Free Report) by 66.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 39,233 shares of the company's stock after purchasing an additional 15,676 shares during the period. Susquehanna Fundamental Investments LLC owned approximately 0.16% of Triumph Financial worth $2,994,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its stake in Triumph Financial by 46.1% in the fourth quarter. Farther Finance Advisors LLC now owns 491 shares of the company's stock valued at $31,000 after buying an additional 155 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Triumph Financial by 9.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,284 shares of the company's stock worth $126,000 after acquiring an additional 195 shares in the last quarter. Entropy Technologies LP raised its stake in Triumph Financial by 6.2% during the third quarter. Entropy Technologies LP now owns 5,100 shares of the company's stock worth $255,000 after acquiring an additional 300 shares in the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of Triumph Financial by 3.6% in the first quarter. Illinois Municipal Retirement Fund now owns 11,319 shares of the company's stock worth $675,000 after acquiring an additional 397 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Triumph Financial in the second quarter worth about $40,000. Institutional investors and hedge funds own 91.11% of the company's stock.

Wall Street Analysts Forecast Growth

TFIN has been the topic of several research reports. Zacks Research lowered shares of Triumph Financial from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. DA Davidson increased their price objective on shares of Triumph Financial from $65.00 to $82.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. B. Riley Financial raised their target price on shares of Triumph Financial from $70.00 to $82.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Stephens boosted their target price on shares of Triumph Financial from $82.00 to $88.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Triumph Financial in a report on Friday, August 7th. Six investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $85.00.

Triumph Financial Stock Performance

Shares of TFIN stock opened at $71.16 on Tuesday. The business's 50 day simple moving average is $76.52 and its 200 day simple moving average is $68.40. Triumph Financial, Inc. has a one year low of $46.43 and a one year high of $83.52. The stock has a market capitalization of $1.70 billion, a PE ratio of 48.08 and a beta of 1.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.01 and a quick ratio of 1.01.

Triumph Financial (NYSE:TFIN - Get Free Report) last released its quarterly earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.44. The firm had revenue of $120.24 million during the quarter, compared to analyst estimates of $114.67 million. Triumph Financial had a net margin of 7.17% and a return on equity of 4.69%. As a group, research analysts forecast that Triumph Financial, Inc. will post 1.93 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Adam D. Nelson sold 3,750 shares of Triumph Financial stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total transaction of $296,437.50. Following the completion of the transaction, the executive vice president owned 23,755 shares of the company's stock, valued at $1,877,832.75. This trade represents a 13.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the business's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $73.75, for a total transaction of $213,875.00. Following the completion of the transaction, the executive vice president owned 15,534 shares in the company, valued at approximately $1,145,632.50. The trade was a 15.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.51% of the stock is owned by company insiders.

Triumph Financial Profile

Triumph Financial, Inc NYSE: TFIN is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.

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