Thrivent Financial for Lutherans Boosts Stock Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Thrivent Financial for Lutherans raised its stake in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,156,330 shares of the company's stock after purchasing an additional 13,510 shares during the period. Thrivent Financial for Lutherans owned 4.94% of Triumph Financial worth $91,975,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Triumph Financial by 258.3% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,630,607 shares of the company's stock valued at $215,052,000 after buying an additional 1,896,348 shares in the last quarter. Vanguard Group Inc. increased its holdings in Triumph Financial by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,974,578 shares of the company's stock worth $156,624,000 after acquiring an additional 11,722 shares during the period. Dimensional Fund Advisors LP increased its holdings in Triumph Financial by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,047,240 shares of the company's stock worth $85,607,000 after acquiring an additional 8,541 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Triumph Financial by 1.0% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 881,323 shares of the company's stock worth $72,048,000 after acquiring an additional 8,990 shares during the period. Finally, American Century Companies Inc. increased its holdings in Triumph Financial by 12.6% during the 2nd quarter. American Century Companies Inc. now owns 570,688 shares of the company's stock worth $46,654,000 after acquiring an additional 63,760 shares during the period. 91.11% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. B. Riley reissued a "neutral" rating and issued a $65.00 price target on shares of Triumph Financial in a report on Wednesday, October 2nd. DA Davidson increased their price target on shares of Triumph Financial from $74.00 to $84.00 and gave the stock a "neutral" rating in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company's stock. According to data from MarketBeat, Triumph Financial presently has a consensus rating of "Hold" and an average price target of $71.60.

Triumph Financial Price Performance

Shares of NASDAQ:TFIN traded down $0.41 during midday trading on Monday, reaching $97.88. 119,540 shares of the company were exchanged, compared to its average volume of 156,456. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The business's fifty day moving average is $85.04 and its two-hundred day moving average is $81.85. Triumph Financial, Inc. has a one year low of $66.61 and a one year high of $105.04. The stock has a market cap of $2.29 billion, a PE ratio of 126.01 and a beta of 1.18.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last released its quarterly earnings results on Wednesday, October 16th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.02. Triumph Financial had a net margin of 4.47% and a return on equity of 2.64%. The company had revenue of $125.57 million for the quarter, compared to the consensus estimate of $106.29 million. During the same quarter in the prior year, the firm earned $0.51 earnings per share. As a group, analysts predict that Triumph Financial, Inc. will post 0.62 earnings per share for the current year.

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.