Wallace Advisory Group LLC Sells 172 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Wallace Advisory Group LLC lowered its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 5.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,842 shares of the company’s stock after selling 172 shares during the period. Wallace Advisory Group LLC’s holdings in Triumph Financial were worth $258,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of TFIN. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Triumph Financial by 258.3% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company’s stock valued at $215,052,000 after acquiring an additional 1,896,348 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in Triumph Financial by 1.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock worth $91,975,000 after purchasing an additional 13,510 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Triumph Financial by 0.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,047,240 shares of the company’s stock worth $85,607,000 after purchasing an additional 8,541 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Triumph Financial by 1.0% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 881,323 shares of the company’s stock worth $72,048,000 after purchasing an additional 8,990 shares during the period. Finally, American Century Companies Inc. grew its holdings in Triumph Financial by 12.6% during the 2nd quarter. American Century Companies Inc. now owns 570,688 shares of the company’s stock valued at $46,654,000 after buying an additional 63,760 shares in the last quarter. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Insider Activity at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the completion of the sale, the chief executive officer now directly owns 151,533 shares in the company, valued at $16,117,049.88. This trade represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.15% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on TFIN. DA Davidson boosted their target price on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. B. Riley reiterated a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $71.60.

Triumph Financial Stock Up 2.0 %

NASDAQ TFIN opened at $85.00 on Tuesday. The stock has a 50 day moving average price of $97.16 and a 200-day moving average price of $88.24. Triumph Financial, Inc. has a one year low of $66.85 and a one year high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $1.99 billion, a P/E ratio of 108.98 and a beta of 1.24.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%. The business had revenue of $125.57 million during the quarter, compared to analyst estimates of $106.29 million. During the same quarter last year, the business earned $0.51 earnings per share. As a group, equities analysts predict that Triumph Financial, Inc. will post 0.62 EPS 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.