Barrow Hanley Mewhinney & Strauss LLC trimmed its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 842,467 shares of the company's stock after selling 34,162 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 3.60% of Triumph Financial worth $76,563,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of TFIN. Intech Investment Management LLC lifted its position in Triumph Financial by 44.5% during the third 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 during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Triumph Financial by 3.7% during 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 during the last quarter. Quantbot Technologies LP purchased a new position in shares of Triumph Financial during the 3rd quarter worth about $49,000. BNP Paribas Financial Markets boosted its position in shares of Triumph Financial by 77.9% in the third quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company's stock worth $1,199,000 after acquiring an additional 6,601 shares during the last quarter. Finally, Verition Fund Management LLC grew its holdings in Triumph Financial by 44.3% in 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 and hedge funds.
Triumph Financial Trading Down 8.7 %
Shares of TFIN stock traded down $5.12 during mid-day trading on Thursday, reaching $53.49. The company's stock had a trading volume of 128,200 shares, compared to its average volume of 159,057. The company's 50 day simple moving average is $68.21 and its 200-day simple moving average is $83.03. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a 12-month low of $51.61 and a 12-month high of $110.58. The firm has a market capitalization of $1.25 billion, a PE ratio of 99.06 and a beta of 1.22.
Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates 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, research analysts predict that Triumph Financial, Inc. will post 1.08 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities analysts have weighed in on TFIN shares. DA Davidson cut their price target on shares of Triumph Financial from $100.00 to $82.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Stephens reiterated an "equal weight" rating and issued a $109.00 target price on shares of Triumph Financial in a report on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods raised Triumph Financial from an "underperform" rating to a "market perform" rating and lowered their price target for the company from $80.00 to $74.00 in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, Triumph Financial has a consensus rating of "Hold" and an average target price of $79.00.
Check Out Our Latest Stock Analysis on TFIN
About Triumph Financial
(
Free Report)
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.
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