UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 11.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,234 shares of the company's stock after purchasing an additional 5,782 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.24% of Triumph Financial worth $5,201,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Sovereign s Capital Management LLC purchased a new stake in Triumph Financial in the 4th quarter worth approximately $637,000. ProShare Advisors LLC boosted its position in Triumph Financial by 44.5% in the 4th quarter. ProShare Advisors LLC now owns 6,657 shares of the company's stock worth $605,000 after purchasing an additional 2,049 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Triumph Financial by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,574 shares of the company's stock worth $1,143,000 after purchasing an additional 467 shares in the last quarter. Deutsche Bank AG boosted its position in Triumph Financial by 49.2% in the 4th quarter. Deutsche Bank AG now owns 20,633 shares of the company's stock worth $1,875,000 after purchasing an additional 6,800 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. boosted its position in Triumph Financial by 2.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 47,506 shares of the company's stock worth $4,317,000 after purchasing an additional 1,148 shares in the last quarter. Hedge funds and other institutional investors own 91.11% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TFIN shares. DA Davidson lowered their price objective on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a research report on Monday, April 21st. Keefe, Bruyette & Woods lowered their price objective on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a research report on Monday, April 21st. Finally, B. Riley reiterated a "neutral" rating and set a $55.00 target price (down previously from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $68.20.

Insider Transactions at Triumph Financial

In related news, Director Debra A. Bradford purchased 1,508 shares of Triumph Financial stock in a transaction dated Wednesday, April 23rd. The shares were acquired at an average price of $49.39 per share, for a total transaction of $74,480.12. Following the acquisition, the director now directly owns 3,348 shares in the company, valued at approximately $165,357.72. The trade was a 81.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Harrison B. Barnes acquired 1,000 shares of Triumph Financial stock in a transaction that occurred on Tuesday, April 29th. The stock was bought at an average price of $53.65 per share, for a total transaction of $53,650.00. Following the completion of the acquisition, the director now owns 21,565 shares in the company, valued at $1,156,962.25. This trade represents a 4.86% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 4,008 shares of company stock worth $208,380 in the last quarter. Company insiders own 5.58% of the company's stock.

Triumph Financial Price Performance

TFIN stock traded up $1.81 during midday trading on Friday, reaching $58.80. The stock had a trading volume of 160,672 shares, compared to its average volume of 174,746. The company's fifty day simple moving average is $54.91 and its 200 day simple moving average is $72.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 108.89 and a beta of 1.32. Triumph Financial, Inc. has a 52-week low of $42.90 and a 52-week high of $110.58.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The firm had revenue of $101.57 million during the quarter, compared to analysts' expectations of $104.49 million. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. During the same quarter in the previous year, the business posted $0.14 EPS. As a group, sell-side analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Triumph Financial Company 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.