Triumph Financial, Inc. (NASDAQ:TFIN) Position Increased by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. grew its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 27.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 142,670 shares of the company's stock after acquiring an additional 30,640 shares during the quarter. Diamond Hill Capital Management Inc. owned about 0.61% of Triumph Financial worth $12,966,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Swiss National Bank boosted its holdings in shares of Triumph Financial by 0.9% during the fourth quarter. Swiss National Bank now owns 43,700 shares of the company's stock valued at $3,971,000 after acquiring an additional 400 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Triumph Financial by 5.9% during the fourth quarter. HighTower Advisors LLC now owns 6,539 shares of the company's stock valued at $594,000 after acquiring an additional 362 shares during the period. Amundi boosted its holdings in shares of Triumph Financial by 185.0% during the fourth quarter. Amundi now owns 11,014 shares of the company's stock valued at $967,000 after acquiring an additional 7,149 shares during the period. M&T Bank Corp boosted its holdings in shares of Triumph Financial by 7.1% during the fourth quarter. M&T Bank Corp now owns 13,784 shares of the company's stock valued at $1,253,000 after acquiring an additional 913 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Triumph Financial by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 199,071 shares of the company's stock valued at $18,092,000 after acquiring an additional 3,539 shares during the period. Institutional investors and hedge funds own 91.11% of the company's stock.

Triumph Financial Stock Performance

TFIN stock opened at $61.09 on Friday. The company has a market capitalization of $1.43 billion, a P/E ratio of 113.13 and a beta of 1.22. The company has a 50-day simple moving average of $75.40 and a 200 day simple moving average of $84.83. Triumph Financial, Inc. has a fifty-two week low of $58.22 and a fifty-two week 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.

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Triumph Financial (NASDAQ:TFIN - Get Free Report) last issued 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%. Sell-side analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TFIN. DA Davidson reduced their price target on shares of Triumph Financial from $100.00 to $82.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Keefe, Bruyette & Woods raised shares of Triumph Financial from an "underperform" rating to a "market perform" rating and reduced their price objective for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. Finally, Stephens reaffirmed an "equal weight" rating and issued a $109.00 price objective on shares of Triumph Financial in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $79.00.

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.

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