Barclays PLC Has $4.08 Million Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Barclays PLC boosted its holdings in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 88.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,325 shares of the company's stock after purchasing an additional 24,144 shares during the quarter. Barclays PLC owned approximately 0.22% of Triumph Financial worth $4,082,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TFIN. Louisiana State Employees Retirement System lifted its stake in Triumph Financial by 1.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company's stock valued at $891,000 after buying an additional 200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Triumph Financial by 8.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,787 shares of the company's stock valued at $473,000 after acquiring an additional 444 shares during the period. Peregrine Capital Management LLC boosted its position in Triumph Financial by 1.3% during the 2nd quarter. Peregrine Capital Management LLC now owns 158,196 shares of the company's stock worth $12,933,000 after acquiring an additional 2,060 shares during the period. Kings Path Partners LLC acquired a new position in shares of Triumph Financial during the second quarter valued at $728,000. Finally, nVerses Capital LLC increased its stake in Triumph Financial by 200.0% during the 2nd quarter. nVerses Capital LLC now owns 900 shares of the company's stock valued at $74,000 after buying an additional 600 shares during the period. 91.11% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of the firm's stock in a transaction on Friday, November 29th. The shares were sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the transaction, the chief executive officer now owns 151,533 shares in the company, valued at approximately $16,117,049.88. This trade represents a 8.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 6.15% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on TFIN. DA Davidson raised their price objective 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 set a $65.00 price objective on shares of Triumph Financial in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, Triumph Financial has a consensus rating of "Hold" and a consensus price target of $71.60.

Triumph Financial Trading Up 0.8 %

NASDAQ TFIN traded up $0.74 on Monday, hitting $92.24. 93,158 shares of the stock were exchanged, compared to its average volume of 153,940. Triumph Financial, Inc. has a 52-week low of $66.85 and a 52-week high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 118.26 and a beta of 1.21. The company's 50-day moving average price is $96.56 and its two-hundred day moving average price is $86.69.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last released its earnings results on Wednesday, October 16th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. The company had revenue of $125.57 million for the quarter, compared to analysts' expectations of $106.29 million. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. During the same quarter in the previous year, the business posted $0.51 EPS. Research analysts predict that Triumph Financial, Inc. will post 0.62 EPS for the current year.

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.