Alberta Investment Management Corp Buys 20,032 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Alberta Investment Management Corp raised its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 75.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,620 shares of the company's stock after purchasing an additional 20,032 shares during the quarter. Alberta Investment Management Corp owned 0.20% of Triumph Financial worth $4,237,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TFIN. Thrivent Financial for Lutherans grew its position in Triumph Financial by 1.2% in the third quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company's stock valued at $91,975,000 after purchasing an additional 13,510 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Triumph Financial by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 518,112 shares of the company's stock valued at $41,218,000 after acquiring an additional 8,609 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Triumph Financial by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company's stock valued at $15,553,000 after acquiring an additional 7,021 shares in the last quarter. Hodges Capital Management Inc. increased its position in shares of Triumph Financial by 42.3% in the fourth quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company's stock valued at $13,490,000 after acquiring an additional 44,100 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Triumph Financial by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 107,011 shares of the company's stock worth $9,725,000 after acquiring an additional 3,219 shares in the last quarter. 91.11% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

TFIN has been the subject of a number of analyst reports. Stephens restated an "equal weight" rating and issued a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. DA Davidson decreased their target price on shares of Triumph Financial from $100.00 to $82.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. Finally, Keefe, Bruyette & Woods restated an "underperform" rating and set a $80.00 target price (down from $85.00) on shares of Triumph Financial in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. According to MarketBeat, Triumph Financial presently has an average rating of "Hold" and a consensus price target of $80.20.

Insider Buying and Selling at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of the company's stock in a transaction that occurred 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 transaction, the chief executive officer now owns 151,533 shares of the company's stock, valued at approximately $16,117,049.88. This represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 6.15% of the company's stock.

Triumph Financial Stock Performance

Shares of TFIN stock traded down $2.99 during trading on Friday, reaching $67.48. 240,568 shares of the company's stock were exchanged, compared to its average volume of 144,687. Triumph Financial, Inc. has a twelve month low of $66.85 and a twelve month high of $110.58. The firm's fifty day moving average price is $84.48 and its 200-day moving average price is $86.90. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.58 billion, a PE ratio of 124.97 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last released its quarterly earnings data 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 net margin of 3.30% and a return on equity of 1.93%. As a group, sell-side analysts anticipate that Triumph Financial, Inc. will post 1.08 EPS for the current 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.