Triumph Financial’s (TFIN) Underperform Rating Reiterated at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reissued their underperform rating on shares of Triumph Financial (NASDAQ:TFIN) in a research report sent to investors on Friday,Benzinga reports. They currently have a $80.00 price target on the stock, down from their previous price target of $85.00.

TFIN has been the subject of a number of other reports. B. Riley reiterated a “neutral” rating and set a $65.00 target price on shares of Triumph Financial in a report on Wednesday, October 2nd. DA Davidson increased their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Finally, Stephens reissued an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat.com, Triumph Financial has a consensus rating of “Hold” and an average target price of $80.60.

Triumph Financial Price Performance

TFIN opened at $78.56 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99. Triumph Financial has a 1 year low of $66.85 and a 1 year high of $110.58. The stock’s 50 day simple moving average is $95.71 and its 200 day simple moving average is $88.61. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 145.48 and a beta of 1.24.

Triumph Financial (NASDAQ:TFIN) last issued its earnings results on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. As a group, analysts predict that Triumph Financial will post 1.71 earnings per share for the current year.

Insider Activity at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the stock in a transaction dated 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 completion of the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.15% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Triumph Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. lifted its holdings in shares of Triumph Financial by 122.7% during the third quarter. Blue Trust Inc. now owns 470 shares of the company’s stock valued at $38,000 after purchasing an additional 259 shares during the last quarter. Quantbot Technologies LP bought a new position in Triumph Financial during the 3rd quarter valued at approximately $49,000. KBC Group NV raised its stake in Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after buying an additional 253 shares during the last quarter. Mechanics Bank Trust Department bought a new stake in Triumph Financial in the fourth quarter worth $202,000. Finally, Profund Advisors LLC purchased a new stake in shares of Triumph Financial in the second quarter worth $209,000. Hedge funds and other institutional investors own 91.11% 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.