Amundi Has $967,000 Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Amundi lifted its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 185.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,014 shares of the company's stock after purchasing an additional 7,149 shares during the period. Amundi's holdings in Triumph Financial were worth $967,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TFIN. Quantbot Technologies LP bought a new position in Triumph Financial during the third quarter worth $49,000. Smartleaf Asset Management LLC boosted its holdings in shares of Triumph Financial by 310.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 563 shares of the company's stock worth $51,000 after buying an additional 426 shares during the period. Blue Trust Inc. grew its stake in Triumph Financial by 43.4% in the 4th quarter. Blue Trust Inc. now owns 674 shares of the company's stock valued at $61,000 after buying an additional 204 shares during the last quarter. KBC Group NV raised its holdings in Triumph Financial by 46.4% in the 3rd 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. Finally, Mechanics Bank Trust Department acquired a new stake in Triumph Financial during the fourth quarter worth approximately $202,000. 91.11% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TFIN has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upgraded Triumph Financial from an "underperform" rating to a "market perform" rating and lowered their target price for the stock from $80.00 to $74.00 in a research note on Thursday, February 27th. DA Davidson dropped their target price on Triumph Financial from $100.00 to $82.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Finally, Stephens restated an "equal weight" rating and issued a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, Triumph Financial currently has a consensus rating of "Hold" and an average target price of $79.00.

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Triumph Financial Price Performance

Triumph Financial stock traded up $0.15 during mid-day trading on Friday, reaching $61.59. 451,770 shares of the company were exchanged, compared to its average volume of 151,706. The firm has a market cap of $1.44 billion, a PE ratio of 114.06 and a beta of 1.22. 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 company has a fifty day simple moving average of $72.88 and a 200-day simple moving average of $84.09. Triumph Financial, Inc. has a 12 month low of $58.22 and a 12 month high of $110.58.

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 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%. As a group, equities research analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal 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.