Triumph Financial, Inc. (NASDAQ:TFIN) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,027,420 shares of the company's stock after purchasing an additional 24,868 shares during the period. Vanguard Group Inc. owned 8.67% of Triumph Financial worth $184,252,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TFIN. Thrivent Financial for Lutherans lifted its holdings in Triumph Financial by 1.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company's stock worth $106,840,000 after buying an additional 19,286 shares during the last quarter. American Century Companies Inc. raised its position in shares of Triumph Financial by 34.0% during the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company's stock worth $71,086,000 after acquiring an additional 198,611 shares in the last quarter. Geode Capital Management LLC lifted its stake in Triumph Financial by 1.7% during the third quarter. Geode Capital Management LLC now owns 518,112 shares of the company's stock worth $41,218,000 after purchasing an additional 8,609 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Triumph Financial by 1.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 199,071 shares of the company's stock valued at $18,092,000 after purchasing an additional 3,539 shares in the last quarter. Finally, Hodges Capital Management Inc. increased its stake in Triumph Financial by 42.3% in the fourth quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company's stock valued at $13,490,000 after purchasing an additional 44,100 shares during the last quarter. Hedge funds and other institutional investors own 91.11% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TFIN. Keefe, Bruyette & Woods upgraded 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 research report on Thursday, February 27th. Stephens reissued an "equal weight" rating and issued a $109.00 price target on shares of Triumph Financial in a research report on Thursday, January 23rd. Finally, DA Davidson dropped their price objective on Triumph Financial from $100.00 to $82.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $79.00.

Triumph Financial Stock Performance

Shares of Triumph Financial stock traded down $0.39 during trading on Friday, reaching $49.00. The company's stock had a trading volume of 196,929 shares, compared to its average volume of 165,791. The company has a 50-day moving average price of $63.39 and a two-hundred day moving average price of $81.09. Triumph Financial, Inc. has a fifty-two week low of $46.81 and a fifty-two week high of $110.58. The firm has a market cap of $1.15 billion, a PE ratio of 90.74 and a beta of 1.18. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

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 the consensus estimate of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. On average, analysts forecast that Triumph Financial, Inc. will post 1.08 EPS for the current year.

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.