Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by Kennedy Capital Management LLC

Kennedy Capital Management LLC cut its position in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 20.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,257 shares of the company's stock after selling 9,018 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.15% of Triumph Financial worth $3,204,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in TFIN. Verition Fund Management LLC increased its position in Triumph Financial by 44.3% in the 3rd quarter. Verition Fund Management LLC now owns 3,853 shares of the company's stock valued at $306,000 after acquiring an additional 1,182 shares during the period. HighTower Advisors LLC grew its stake in shares of Triumph Financial by 17.1% in the 3rd quarter. HighTower Advisors LLC now owns 6,177 shares of the company's stock valued at $491,000 after purchasing an additional 902 shares during the last quarter. Barclays PLC increased its holdings in shares of Triumph Financial by 88.8% in the third quarter. Barclays PLC now owns 51,325 shares of the company's stock valued at $4,082,000 after purchasing an additional 24,144 shares during the period. Geode Capital Management LLC raised its stake in shares of Triumph Financial by 1.7% during the third quarter. Geode Capital Management LLC now owns 518,112 shares of the company's stock worth $41,218,000 after purchasing an additional 8,609 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in shares of Triumph Financial by 5.4% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 26,474 shares of the company's stock worth $2,106,000 after purchasing an additional 1,368 shares during the period. Hedge funds and other institutional investors own 91.11% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on TFIN shares. Stephens reissued an "equal weight" rating and issued a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an "underperform" rating to a "market perform" rating and dropped their price target for the stock from $80.00 to $74.00 in a research note on Thursday, February 27th. Finally, DA Davidson reduced their price objective on shares of Triumph Financial from $100.00 to $82.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. 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.com, Triumph Financial has an average rating of "Hold" and a consensus target price of $79.00.

Triumph Financial Price Performance

Shares of NASDAQ:TFIN traded down $1.33 on Friday, reaching $48.62. 1,033,324 shares of the company were exchanged, compared to its average volume of 169,472. The company has a 50-day moving average of $61.22 and a 200-day moving average of $80.30. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 90.04 and a beta of 1.18. Triumph Financial, Inc. has a 1-year low of $42.90 and a 1-year high of $110.58.

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