Woodson Capital Management LP Reduces Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Woodson Capital Management LP decreased its stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 28.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 140,000 shares of the company's stock after selling 56,481 shares during the quarter. Triumph Financial comprises 2.1% of Woodson Capital Management LP's portfolio, making the stock its 18th biggest holding. Woodson Capital Management LP owned about 0.60% of Triumph Financial worth $12,723,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Triumph Financial by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company's stock worth $184,252,000 after purchasing an additional 24,868 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Triumph Financial by 1.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company's stock worth $106,840,000 after purchasing an additional 19,286 shares during the period. American Century Companies Inc. boosted its holdings in shares of Triumph Financial by 34.0% in the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock worth $71,086,000 after purchasing an additional 198,611 shares during the period. Bank of America Corp DE lifted its stake in shares of Triumph Financial by 478.3% during the 4th quarter. Bank of America Corp DE now owns 350,573 shares of the company's stock worth $31,860,000 after acquiring an additional 289,955 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Triumph Financial by 7.6% during the 4th quarter. Northern Trust Corp now owns 227,875 shares of the company's stock worth $20,709,000 after acquiring an additional 16,061 shares during the last quarter. Hedge funds and other institutional investors own 91.11% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TFIN. Keefe, Bruyette & Woods decreased their price target on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating for the company in a research note on Monday, April 21st. B. Riley reaffirmed a "neutral" rating and set a $55.00 target price (down from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. DA Davidson decreased their target price on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Finally, Stephens reaffirmed an "equal weight" rating and set a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat, Triumph Financial currently has an average rating of "Hold" and a consensus target price of $68.20.

Triumph Financial Trading Up 0.6%

Shares of NASDAQ:TFIN opened at $61.68 on Tuesday. Triumph Financial, Inc. has a 12-month low of $42.90 and a 12-month high of $110.58. The business's fifty day simple moving average is $55.68 and its 200-day simple moving average is $75.94. The company has a market capitalization of $1.44 billion, a PE ratio of 114.22 and a beta of 1.27. 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 announced its earnings results on Wednesday, April 16th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate 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 quarter last year, the firm earned $0.14 earnings per share. As a group, equities research analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Debra A. Bradford purchased 1,508 shares of the company's stock in a transaction on 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 purchase, the director now owns 3,348 shares in the company, valued at $165,357.72. This trade represents a 81.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Harrison B. Barnes purchased 1,000 shares of the company's stock in a transaction on Tuesday, April 29th. The shares were purchased at an average price of $53.65 per share, for a total transaction of $53,650.00. Following the purchase, the director now owns 21,565 shares in the company, valued at approximately $1,156,962.25. The trade was a 4.86% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 4,008 shares of company stock worth $208,380 in the last ninety days. 5.58% of the stock is owned by insiders.

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.

Want to see what other hedge funds are holding TFIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Triumph Financial, Inc. (NASDAQ:TFIN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.