Teachers Retirement System of The State of Kentucky Boosts Stock Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Teachers Retirement System of The State of Kentucky boosted its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 5.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,474 shares of the company’s stock after purchasing an additional 1,368 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Triumph Financial were worth $2,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its position in shares of Triumph Financial by 122.7% in the third quarter. Blue Trust Inc. now owns 470 shares of the company’s stock valued at $38,000 after buying an additional 259 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Triumph Financial in the 3rd quarter worth approximately $49,000. KBC Group NV lifted its stake in shares of Triumph Financial by 46.4% during the 3rd quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after purchasing an additional 253 shares during the period. nVerses Capital LLC boosted its holdings in shares of Triumph Financial by 200.0% during the second quarter. nVerses Capital LLC now owns 900 shares of the company’s stock worth $74,000 after purchasing an additional 600 shares during the last quarter. Finally, Profund Advisors LLC purchased a new stake in shares of Triumph Financial in the second quarter valued at $209,000. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $106.36, for a total value of $1,435,860.00. Following the transaction, the chief executive officer now owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 6.15% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TFIN has been the topic of several recent analyst reports. B. Riley reiterated a “neutral” rating and set a $65.00 target price on shares of Triumph Financial in a research report on Wednesday, October 2nd. DA Davidson raised their target price on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $71.60.

Triumph Financial Stock Up 1.1 %

Shares of NASDAQ TFIN opened at $99.74 on Tuesday. The stock has a fifty day moving average price of $95.30 and a 200 day moving average price of $86.16. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a 12-month low of $66.85 and a 12-month high of $110.58. The company has a market cap of $2.33 billion, a P/E ratio of 127.87 and a beta of 1.21.

Triumph Financial (NASDAQ:TFIN) last posted its earnings results on Wednesday, October 16th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $125.57 million during the quarter, compared to analyst estimates of $106.29 million. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. During the same quarter last year, the firm earned $0.51 earnings per share. Research analysts anticipate 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.