Curi RMB Capital LLC Acquires 41,226 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Curi RMB Capital LLC boosted its holdings in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 133.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 72,022 shares of the company's stock after purchasing an additional 41,226 shares during the quarter. Curi RMB Capital LLC owned about 0.31% of Triumph Financial worth $6,545,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its holdings in Triumph Financial by 34.0% in the fourth quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock worth $71,086,000 after purchasing an additional 198,611 shares during the period. Norges Bank bought a new position in shares of Triumph Financial during the 4th quarter worth about $6,151,000. Hodges Capital Management Inc. grew its stake in shares of Triumph Financial by 42.3% in the 4th quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company's stock valued at $13,490,000 after buying an additional 44,100 shares during the period. Diamond Hill Capital Management Inc. increased its position in Triumph Financial by 27.3% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 142,670 shares of the company's stock valued at $12,966,000 after buying an additional 30,640 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Triumph Financial by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 2,027,420 shares of the company's stock worth $184,252,000 after buying an additional 24,868 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, Director Debra A. Bradford purchased 1,508 shares of the stock in a transaction dated Wednesday, April 23rd. The shares were purchased at an average cost of $49.39 per share, with a total value of $74,480.12. Following the completion of the acquisition, the director now owns 3,348 shares in the company, valued at $165,357.72. This represents a 81.96 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 5.58% of the company's stock.

Triumph Financial Stock Performance

Triumph Financial stock traded up $1.42 during mid-day trading on Friday, reaching $53.36. 100,054 shares of the company's stock were exchanged, compared to its average volume of 166,359. The firm has a market capitalization of $1.25 billion, a PE ratio of 98.75 and a beta of 1.18. Triumph Financial, Inc. has a one year low of $42.90 and a one year high of $110.58. 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 business's fifty day simple moving average is $58.75 and its 200 day simple moving average is $79.40.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued its earnings results on Wednesday, April 16th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The firm had revenue of $101.57 million during the quarter, compared to the consensus estimate of $104.49 million. Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. During the same quarter in the previous year, the firm earned $0.14 earnings per share. On average, sell-side analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on TFIN shares. Keefe, Bruyette & Woods decreased their price objective on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating for the company in a report on Monday. Stephens restated an "equal weight" rating and set a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. B. Riley reaffirmed a "neutral" rating and issued a $55.00 price objective (down from $65.00) on shares of Triumph Financial in a research note on Wednesday. Finally, DA Davidson decreased their target price on shares of Triumph Financial from $68.00 to $56.00 and set a "neutral" rating for the company in a research report on Monday. One 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 an average rating of "Hold" and a consensus price target of $68.20.

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.