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

Peregrine Capital Management LLC lessened its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 8.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,332 shares of the company's stock after selling 13,215 shares during the period. Peregrine Capital Management LLC owned approximately 0.62% of Triumph Financial worth $13,208,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in Triumph Financial by 122.7% during the third quarter. Blue Trust Inc. now owns 470 shares of the company's stock valued at $38,000 after acquiring an additional 259 shares during the period. Quantbot Technologies LP purchased a new stake in Triumph Financial during the third quarter valued at about $49,000. KBC Group NV grew its position in Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company's stock valued at $63,000 after acquiring an additional 253 shares during the period. Mechanics Bank Trust Department acquired a new position in shares of Triumph Financial during the fourth quarter worth about $202,000. Finally, Cottonwood Capital Advisors LLC acquired a new position in shares of Triumph Financial during the fourth quarter worth about $215,000. Hedge funds and other institutional investors own 91.11% of the company's stock.

Insider Buying and Selling

In other Triumph Financial news, CEO Aaron P. Graft sold 13,500 shares of the company's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $106.36, for a total transaction of $1,435,860.00. Following the sale, the chief executive officer now owns 151,533 shares in the company, valued at $16,117,049.88. This represents a 8.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 6.15% of the company's stock.

Analyst Upgrades and Downgrades

TFIN has been the topic of a number of recent research reports. DA Davidson reduced their price objective on 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 restated an "equal weight" rating and set a $109.00 price objective on shares of Triumph Financial in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods restated an "underperform" rating and set a $80.00 price objective (down previously from $85.00) on shares of Triumph Financial in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat.com, Triumph Financial has a consensus rating of "Hold" and a consensus target price of $80.20.

Triumph Financial Stock Down 4.2 %

Shares of NASDAQ:TFIN traded down $2.99 during trading on Friday, hitting $67.48. The company's stock had a trading volume of 240,568 shares, compared to its average volume of 144,687. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. Triumph Financial, Inc. has a fifty-two week low of $66.85 and a fifty-two week high of $110.58. The stock's 50-day moving average price is $83.86 and its two-hundred day moving average price is $86.80. The company has a market capitalization of $1.58 billion, a PE ratio of 124.97 and a beta of 1.22.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. As a group, sell-side analysts expect that Triumph Financial, Inc. will post 1.08 EPS for the current year.

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.