Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by Ranger Investment Management L.P.

Ranger Investment Management L.P. lowered its holdings in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 1.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 380,315 shares of the company's stock after selling 7,530 shares during the quarter. Triumph Financial comprises 2.2% of Ranger Investment Management L.P.'s investment portfolio, making the stock its 12th biggest holding. Ranger Investment Management L.P. owned about 1.63% of Triumph Financial worth $34,563,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. BNP Paribas Financial Markets increased its position in shares of Triumph Financial by 77.9% during the third quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company's stock worth $1,199,000 after purchasing an additional 6,601 shares in the last quarter. Verition Fund Management LLC lifted its position 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. HighTower Advisors LLC raised its position in Triumph Financial by 17.1% in the third quarter. HighTower Advisors LLC now owns 6,177 shares of the company's stock worth $491,000 after acquiring an additional 902 shares in the last quarter. Barclays PLC grew its stake in shares of Triumph Financial by 88.8% during the 3rd quarter. Barclays PLC now owns 51,325 shares of the company's stock worth $4,082,000 after purchasing an additional 24,144 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Triumph Financial by 1.7% in the third quarter. Geode Capital Management LLC now owns 518,112 shares of the company's stock valued at $41,218,000 after buying an additional 8,609 shares in the last quarter. 91.11% of the stock is owned by hedge funds and other institutional investors.

Triumph Financial Stock Performance

Shares of NASDAQ TFIN traded down $0.17 during midday trading on Monday, hitting $48.83. 63,621 shares of the company's stock were exchanged, compared to its average volume of 165,293. Triumph Financial, Inc. has a twelve month low of $46.81 and a twelve month high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $1.14 billion, a P/E ratio of 90.43 and a beta of 1.18. The stock's 50 day moving average price is $63.39 and its 200-day moving average price is $81.12.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted 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%. Equities research analysts anticipate that Triumph Financial, Inc. will post 1.08 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Stephens reaffirmed an "equal weight" rating and set a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. DA Davidson dropped their price target 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. Finally, Keefe, Bruyette & Woods upgraded Triumph Financial from an "underperform" rating to a "market perform" rating and decreased their target price for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $79.00.

Triumph Financial 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.