Triumph Financial, Inc. (NASDAQ:TFIN) Stake Raised by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 11.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 approximately 0.24% of Triumph Financial worth $5,201,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TFIN. Barclays PLC increased its position in Triumph Financial by 88.8% during the 3rd quarter. Barclays PLC now owns 51,325 shares of the company's stock worth $4,082,000 after purchasing an additional 24,144 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Triumph Financial by 27.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,564 shares of the company's stock worth $324,000 after acquiring an additional 767 shares during the period. Blue Trust Inc. grew its holdings in shares of Triumph Financial by 43.4% in the 4th quarter. Blue Trust Inc. now owns 674 shares of the company's stock worth $61,000 after acquiring an additional 204 shares during the period. KBC Group NV grew its holdings in shares of Triumph Financial by 51.9% in the 4th quarter. KBC Group NV now owns 1,212 shares of the company's stock worth $110,000 after acquiring an additional 414 shares during the period. Finally, Tectonic Advisors LLC grew its holdings in Triumph Financial by 2.1% during the 4th quarter. Tectonic Advisors LLC now owns 23,190 shares of the company's stock valued at $2,108,000 after buying an additional 474 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company's stock.

Insider Buying and Selling

In other news, Director Harrison B. Barnes bought 1,000 shares of the business's stock in a transaction that occurred on Tuesday, April 29th. The shares were acquired at an average cost of $53.65 per share, with a total value of $53,650.00. Following the transaction, the director now owns 21,565 shares of the company's stock, valued at $1,156,962.25. This represents a 4.86% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Debra A. Bradford bought 1,508 shares of the business's stock in a transaction that occurred on Wednesday, April 23rd. The stock was purchased at an average cost of $49.39 per share, for a total transaction of $74,480.12. Following the completion of the transaction, the director now directly owns 3,348 shares in the company, valued at approximately $165,357.72. This trade represents a 81.96% increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 4,008 shares of company stock valued at $208,380. 5.58% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on TFIN. DA Davidson lowered their target price on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. 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 report on Wednesday, April 23rd. Finally, Keefe, Bruyette & Woods lowered their target price on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $68.20.

Triumph Financial Trading Down 1.5%

Shares of Triumph Financial stock traded down $0.85 during trading hours on Thursday, reaching $56.99. 127,124 shares of the company's stock were exchanged, compared to its average volume of 174,717. Triumph Financial, Inc. has a 52-week low of $42.90 and a 52-week high of $110.58. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 105.54 and a beta of 1.27. The company has a fifty day moving average of $54.90 and a 200-day moving average of $73.03. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its quarterly earnings results 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). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. The business had revenue of $101.57 million for the quarter, compared to analysts' expectations of $104.49 million. During the same period in the prior year, the company earned $0.14 EPS. Sell-side analysts forecast that Triumph Financial, Inc. will post 1.08 EPS for the current fiscal year.

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.