Triumph Financial, Inc. (NASDAQ:TFIN) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 21.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,452 shares of the company's stock after selling 13,806 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.22% of Triumph Financial worth $4,092,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TFIN. BNP Paribas Financial Markets grew its stake in Triumph Financial by 77.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,080 shares of the company's stock worth $1,199,000 after buying an additional 6,601 shares during the last quarter. Quantbot Technologies LP acquired a new position in Triumph Financial in the third quarter valued at approximately $49,000. Charles Schwab Investment Management Inc. boosted its holdings in Triumph Financial by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 195,532 shares of the company's stock worth $15,553,000 after buying an additional 7,021 shares in the last quarter. Intech Investment Management LLC boosted its stake in shares of Triumph Financial by 44.5% during the 3rd quarter. Intech Investment Management LLC now owns 6,185 shares of the company's stock worth $492,000 after acquiring an additional 1,906 shares in the last quarter. Finally, Anthracite Investment Company Inc. boosted its position in Triumph Financial by 14.9% during the third quarter. Anthracite Investment Company Inc. now owns 30,844 shares of the company's stock worth $2,453,000 after purchasing an additional 4,000 shares in the last quarter. 91.11% of the stock is currently owned by institutional investors.

Triumph Financial Stock Down 1.9 %

NASDAQ:TFIN traded down $1.92 during midday trading on Friday, hitting $98.64. 127,448 shares of the company were exchanged, compared to its average volume of 153,400. The company has a fifty day simple moving average of $94.32 and a 200 day simple moving average of $85.63. The company has a market capitalization of $2.31 billion, a PE ratio of 126.46 and a beta of 1.21. Triumph Financial, Inc. has a fifty-two week low of $66.85 and a fifty-two week high of $110.58. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last announced its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $106.29 million. During the same quarter in the prior year, the firm earned $0.51 EPS. As a group, equities analysts anticipate that Triumph Financial, Inc. will post 0.62 earnings per share for the current fiscal year.

Insider Buying and Selling at Triumph Financial

In related news, CEO Aaron P. Graft sold 13,500 shares of the company's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the completion of the transaction, the chief executive officer now directly owns 151,533 shares in the company, valued at approximately $16,117,049.88. This represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.15% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TFIN shares. DA Davidson lifted their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a "neutral" rating in a report on Friday, October 18th. B. Riley restated a "neutral" rating and issued a $65.00 price objective on shares of Triumph Financial in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $71.60.

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.