American Century Companies Inc. Buys 198,611 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

American Century Companies Inc. raised its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 34.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 782,198 shares of the company's stock after purchasing an additional 198,611 shares during the period. American Century Companies Inc. owned 3.34% of Triumph Financial worth $71,086,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Intech Investment Management LLC boosted its holdings in shares of Triumph Financial by 44.5% during the 3rd quarter. Intech Investment Management LLC now owns 6,185 shares of the company's stock worth $492,000 after buying an additional 1,906 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Triumph Financial by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company's stock worth $15,553,000 after acquiring an additional 7,021 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Triumph Financial in the third quarter worth $49,000. BNP Paribas Financial Markets increased its stake in Triumph Financial by 77.9% in the third quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company's stock valued at $1,199,000 after purchasing an additional 6,601 shares in the last quarter. Finally, Verition Fund Management LLC raised its holdings in shares of Triumph Financial by 44.3% during the third quarter. Verition Fund Management LLC now owns 3,853 shares of the company's stock valued at $306,000 after purchasing an additional 1,182 shares during the period. 91.11% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Keefe, Bruyette & Woods raised Triumph Financial from an "underperform" rating to a "market perform" rating and dropped their price target for the stock from $80.00 to $74.00 in a research note on Thursday, February 27th. Stephens reaffirmed an "equal weight" rating and set a $109.00 target price on shares of Triumph Financial in a research report on Thursday, January 23rd. Finally, DA Davidson reduced their price target on shares of Triumph Financial from $100.00 to $82.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, Triumph Financial presently has an average rating of "Hold" and a consensus price target of $79.00.

Triumph Financial Stock Performance

Shares of Triumph Financial stock traded down $2.48 on Friday, reaching $58.80. 179,809 shares of the company traded hands, compared to its average volume of 157,948. The company has a 50 day moving average of $70.21 and a 200 day moving average of $83.49. 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 52 week low of $58.07 and a 52 week high of $110.58. The firm has a market capitalization of $1.38 billion, a PE ratio of 108.89 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share 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%. Equities analysts forecast that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Triumph Financial 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.