Teachers Retirement System of The State of Kentucky Sells 9,856 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Key Points

• Teachers Retirement System of The State of Kentucky reduced its holdings in Triumph Financial, Inc. by 37.2%, now owning about 0.07% of the company valued at approximately $960,000.
• Several other institutions, including CWM LLC and Victory Capital Management, increased their positions in Triumph Financial during the same period.
• Triumph Financial reported an earnings per share (EPS) of $0.15 for the last quarter, surpassing analysts' expectations of $0.04.

Teachers Retirement System of The State of Kentucky lessened its holdings in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 37.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,618 shares of the company's stock after selling 9,856 shares during the period. Teachers Retirement System of The State of Kentucky owned about 0.07% of Triumph Financial worth $960,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Federated Hermes Inc. lifted its stake in shares of Triumph Financial by 4.3% in the 4th quarter. Federated Hermes Inc. now owns 3,578 shares of the company's stock worth $325,000 after purchasing an additional 147 shares during the period. CWM LLC increased its holdings in Triumph Financial by 48.0% in the 1st quarter. CWM LLC now owns 589 shares of the company's stock worth $34,000 after acquiring an additional 191 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Triumph Financial by 2.1% in the 1st quarter. Victory Capital Management Inc. now owns 9,867 shares of the company's stock worth $570,000 after acquiring an additional 205 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in Triumph Financial by 9.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,004 shares of the company's stock worth $273,000 after acquiring an additional 270 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Triumph Financial by 84.7% in the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company's stock worth $40,000 after acquiring an additional 320 shares in the last quarter. Institutional investors own 91.11% of the company's stock.

Triumph Financial Price Performance

TFIN traded down $1.49 during trading on Tuesday, reaching $61.03. 27,109 shares of the company traded hands, compared to its average volume of 226,543. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.96 and a current ratio of 0.96. Triumph Financial, Inc. has a 12-month low of $42.90 and a 12-month high of $110.58. The firm has a fifty day simple moving average of $59.88 and a 200 day simple moving average of $62.89. The company has a market cap of $1.45 billion, a P/E ratio of 138.24 and a beta of 1.29.

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

Analyst Upgrades and Downgrades

TFIN has been the subject of several analyst reports. DA Davidson increased their target price on shares of Triumph Financial from $56.00 to $63.00 and gave the stock a "neutral" rating in a report on Friday, July 18th. Keefe, Bruyette & Woods reduced their target price 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. Finally, B. Riley reissued a "neutral" rating and issued a $55.00 target price (down from $65.00) on shares of Triumph Financial in a report on Wednesday, April 23rd.

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.