Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by Banc Funds Co. LLC

Banc Funds Co. LLC lowered its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 10.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 264,243 shares of the company's stock after selling 29,500 shares during the quarter. Triumph Financial accounts for approximately 2.3% of Banc Funds Co. LLC's holdings, making the stock its 6th biggest holding. Banc Funds Co. LLC owned about 1.13% of Triumph Financial worth $21,018,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TFIN. Blue Trust Inc. increased its stake 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 purchasing an additional 259 shares during the period. Quantbot Technologies LP acquired a new position in shares of Triumph Financial during the third quarter valued at approximately $49,000. KBC Group NV increased its stake in shares of 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 acquiring an additional 253 shares during the period. nVerses Capital LLC increased its stake in shares of Triumph Financial by 200.0% during the second quarter. nVerses Capital LLC now owns 900 shares of the company's stock valued at $74,000 after acquiring an additional 600 shares during the period. Finally, Profund Advisors LLC acquired a new position in shares of Triumph Financial during the second quarter valued at approximately $209,000. Institutional investors and hedge funds own 91.11% of the company's stock.

Triumph Financial Trading Up 0.1 %

NASDAQ:TFIN traded up $0.16 during trading hours on Monday, hitting $107.25. The stock had a trading volume of 63,316 shares, compared to its average volume of 155,069. Triumph Financial, Inc. has a one year low of $66.85 and a one year high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 137.30 and a beta of 1.18. The business's 50 day moving average is $89.77 and its 200-day moving average is $84.02.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%. The company had revenue of $125.57 million during the quarter, compared to the consensus estimate of $106.29 million. During the same quarter in the prior year, the firm earned $0.51 earnings per share. Sell-side analysts anticipate that Triumph Financial, Inc. will post 0.62 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. DA Davidson lifted their target price on shares of Triumph Financial from $74.00 to $84.00 and gave the company a "neutral" rating in a research note on Friday, October 18th. B. Riley restated a "neutral" rating and issued a $65.00 price target on shares of Triumph Financial in a research report on Wednesday, October 2nd. Two 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 a consensus rating of "Hold" and a consensus target price of $71.60.

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.