XTX Topco Ltd Buys Shares of 12,007 Triumph Financial, Inc. (NASDAQ:TFIN)

Key Points

• XTX Topco Ltd acquired 12,007 shares of Triumph Financial, Inc. (NASDAQ:TFIN), valued at approximately $694,000, increasing its ownership to about 0.05% of the company.
• Several institutional investors have significantly increased their positions in Triumph Financial, with NBC Securities Inc. raising theirs by 88,233.3% in the first quarter.
• Research analysts have mixed forecasts for TFIN, with B. Riley reducing its price target from $65.00 to $55.00, while DA Davidson increased its target from $56.00 to $63.00.

XTX Topco Ltd bought a new stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,007 shares of the company's stock, valued at approximately $694,000. XTX Topco Ltd owned approximately 0.05% of Triumph Financial as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in TFIN. CWM LLC raised its position in shares of Triumph Financial by 48.0% in the 1st quarter. CWM LLC now owns 589 shares of the company's stock valued at $34,000 after purchasing an additional 191 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Triumph Financial by 84.7% in the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company's stock valued at $40,000 after purchasing an additional 320 shares in the last quarter. NBC Securities Inc. raised its position in shares of Triumph Financial by 88,233.3% in the 1st quarter. NBC Securities Inc. now owns 2,650 shares of the company's stock valued at $153,000 after purchasing an additional 2,647 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Triumph Financial in the 4th quarter valued at approximately $219,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Triumph Financial in the 4th quarter valued at approximately $237,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TFIN. B. Riley reissued a "neutral" rating and set a $55.00 price target (down from $65.00) on shares of Triumph Financial in a research report on Wednesday, April 23rd. DA Davidson upped their price target on Triumph Financial from $56.00 to $63.00 and gave the company a "neutral" rating in a research report on Friday, July 18th. Finally, Keefe, Bruyette & Woods dropped their price target 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.

Triumph Financial Price Performance

Shares of NASDAQ TFIN opened at $55.96 on Tuesday. Triumph Financial, Inc. has a 1-year low of $42.90 and a 1-year high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.96 and a quick ratio of 0.96. The business's fifty day moving average price is $59.71 and its two-hundred day moving average price is $61.78. The firm has a market capitalization of $1.33 billion, a PE ratio of 127.18 and a beta of 1.29.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its earnings results on Wednesday, July 16th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.11. The firm had revenue of $108.06 million for the quarter, compared to analyst estimates of $105.85 million. Triumph Financial had a return on equity of 1.79% and a net margin of 2.75%. On average, research analysts expect that Triumph Financial, Inc. will post 1.08 EPS for the current 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.

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