BNP Paribas Financial Markets Has $1.20 Million Position in Triumph Financial, Inc. (NASDAQ:TFIN)

BNP Paribas Financial Markets increased its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 77.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,080 shares of the company's stock after buying an additional 6,601 shares during the quarter. BNP Paribas Financial Markets owned about 0.06% of Triumph Financial worth $1,199,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Arizona State Retirement System raised its position in Triumph Financial by 2.0% in the second quarter. Arizona State Retirement System now owns 6,205 shares of the company's stock valued at $507,000 after purchasing an additional 124 shares during the period. Callan Family Office LLC raised its position in Triumph Financial by 1.1% in the second quarter. Callan Family Office LLC now owns 11,667 shares of the company's stock valued at $954,000 after purchasing an additional 126 shares during the period. Louisiana State Employees Retirement System raised its position 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 purchasing an additional 200 shares during the period. Kings Path Partners LLC raised its position in Triumph Financial by 2.4% in the third quarter. Kings Path Partners LLC now owns 9,125 shares of the company's stock valued at $726,000 after purchasing an additional 216 shares during the period. Finally, KBC Group NV raised its position in Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company's stock valued at $63,000 after purchasing an additional 253 shares during the period. 91.11% of the stock is owned by hedge funds and other institutional investors.

Triumph Financial Stock Performance

Shares of TFIN traded down $0.67 during mid-day trading on Tuesday, reaching $101.14. 122,306 shares of the company's stock traded hands, compared to its average volume of 153,622. The business's 50-day moving average price is $92.76 and its 200-day moving average price is $85.22. The stock has a market capitalization of $2.37 billion, a P/E ratio of 129.67 and a beta of 1.21. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. Triumph Financial, Inc. has a 12 month low of $66.85 and a 12 month high of $110.58.

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

Insider Buying and Selling at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of the business'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 directly owns 151,533 shares in the company, valued at $16,117,049.88. The trade was a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 6.15% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TFIN shares. B. Riley reaffirmed a "neutral" rating and set a $65.00 target price on shares of Triumph Financial in a research report on Wednesday, October 2nd. DA Davidson lifted their target price on Triumph Financial from $74.00 to $84.00 and gave the stock a "neutral" rating in a research report on Friday, October 18th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target 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.