Schonfeld Strategic Advisors LLC Takes $849,000 Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Schonfeld Strategic Advisors LLC bought a new position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,340 shares of the company's stock, valued at approximately $849,000.

Several other institutional investors and hedge funds also recently modified their holdings of TFIN. Smartleaf Asset Management LLC grew its holdings in Triumph Financial by 310.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 563 shares of the company's stock valued at $51,000 after buying an additional 426 shares during the period. Blue Trust Inc. boosted 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 valued at $61,000 after purchasing an additional 204 shares during the last quarter. KBC Group NV grew its stake in shares of Triumph Financial by 51.9% during the 4th quarter. KBC Group NV now owns 1,212 shares of the company's stock valued at $110,000 after buying an additional 414 shares during the period. Mechanics Bank Trust Department purchased a new position in shares of Triumph Financial in the 4th quarter worth $202,000. Finally, Cottonwood Capital Advisors LLC acquired a new position in Triumph Financial in the fourth quarter valued at $215,000. Hedge funds and other institutional investors own 91.11% of the company's stock.

Triumph Financial Stock Performance

Shares of TFIN stock traded down $2.11 on Wednesday, hitting $60.33. 138,795 shares of the stock traded hands, compared to its average volume of 171,999. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. Triumph Financial, Inc. has a 1-year low of $42.90 and a 1-year high of $110.58. The company's fifty day moving average is $55.60 and its 200 day moving average is $76.84. The company has a market capitalization of $1.41 billion, a PE ratio of 111.72 and a beta of 1.27.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted its earnings results on Wednesday, April 16th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $101.57 million for the quarter, compared to the consensus estimate of $104.49 million. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. During the same period last year, the company posted $0.14 earnings per share. On average, equities research analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on TFIN. Keefe, Bruyette & Woods cut their price target on shares of Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a report on Monday, April 21st. B. Riley restated a "neutral" rating and issued a $55.00 target price (down from $65.00) on shares of Triumph Financial in a research note on Wednesday, April 23rd. DA Davidson cut their price objective on shares of Triumph Financial from $68.00 to $56.00 and set a "neutral" rating on the stock in a report on Monday, April 21st. Finally, Stephens restated an "equal weight" rating and set a $109.00 target price on shares of Triumph Financial in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $68.20.

Insider Buying and Selling

In other Triumph Financial news, Director Davis R. Deadman purchased 1,500 shares of the stock in a transaction dated Friday, April 25th. The shares were bought at an average cost of $53.50 per share, with a total value of $80,250.00. Following the completion of the acquisition, the director now owns 10,220 shares of the company's stock, valued at approximately $546,770. This trade represents a 17.20% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Debra A. Bradford acquired 1,508 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The shares were bought at an average price of $49.39 per share, for a total transaction of $74,480.12. Following the purchase, the director now directly owns 3,348 shares of the company's stock, valued at approximately $165,357.72. This trade represents a 81.96% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 4,008 shares of company stock valued at $208,380 in the last quarter. Company insiders own 5.58% of the company's stock.

About Triumph Financial

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.