Anthracite Investment Company Inc. Sells 4,000 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Anthracite Investment Company Inc. lowered its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 13.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,844 shares of the company's stock after selling 4,000 shares during the period. Anthracite Investment Company Inc. owned 0.11% of Triumph Financial worth $2,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. American Century Companies Inc. boosted its stake in Triumph Financial by 34.0% during the fourth quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock valued at $71,086,000 after buying an additional 198,611 shares during the last quarter. Hodges Capital Management Inc. boosted its position in shares of Triumph Financial by 42.3% during the 4th 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. Diamond Hill Capital Management Inc. grew its holdings in shares of Triumph Financial by 27.3% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 142,670 shares of the company's stock valued at $12,966,000 after purchasing an additional 30,640 shares in the last quarter. Vanguard Group Inc. increased its position in Triumph Financial by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company's stock worth $184,252,000 after purchasing an additional 24,868 shares during the last quarter. Finally, Barclays PLC raised its stake in Triumph Financial by 88.8% during the third quarter. Barclays PLC now owns 51,325 shares of the company's stock valued at $4,082,000 after purchasing an additional 24,144 shares in the last quarter. Hedge funds and other institutional investors own 91.11% of the company's stock.

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Triumph Financial Trading Down 4.0 %

Triumph Financial stock traded down $2.48 during midday trading on Friday, reaching $58.80. The stock had a trading volume of 179,809 shares, compared to its average volume of 157,948. 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 firm has a market cap of $1.38 billion, a price-to-earnings ratio of 108.89 and a beta of 1.22. Triumph Financial, Inc. has a 52-week low of $58.07 and a 52-week high of $110.58. The company has a fifty day moving average of $70.21 and a 200 day moving average of $83.49.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued 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%. On average, analysts anticipate that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on TFIN shares. DA Davidson dropped their price objective 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. Keefe, Bruyette & Woods upgraded 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 report on Thursday, February 27th. Finally, Stephens restated an "equal weight" rating and set a $109.00 price objective on shares of Triumph Financial in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $79.00.

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.