Woodson Capital Management LP Decreases Stake in Triumph Financial, Inc. (NASDAQ:TFIN)

Woodson Capital Management LP trimmed its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN - Free Report) by 10.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 196,481 shares of the company's stock after selling 23,519 shares during the period. Triumph Financial accounts for approximately 3.1% of Woodson Capital Management LP's portfolio, making the stock its 16th largest holding. Woodson Capital Management LP owned 0.84% of Triumph Financial worth $15,628,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TFIN. Vanguard Group Inc. boosted its holdings in Triumph Financial by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 1,974,578 shares of the company's stock worth $156,624,000 after buying an additional 11,722 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Triumph Financial by 7.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,975 shares of the company's stock valued at $950,000 after purchasing an additional 807 shares during the period. Public Employees Retirement Association of Colorado raised its stake in shares of Triumph Financial by 95.8% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 7,283 shares of the company's stock valued at $578,000 after purchasing an additional 3,563 shares during the period. First Hawaiian Bank purchased a new stake in Triumph Financial during the 2nd quarter worth about $720,000. Finally, Sequoia Financial Advisors LLC bought a new position in Triumph Financial in the 2nd quarter worth about $447,000. 91.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TFIN has been the subject of several analyst reports. 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 lifted their price objective on Triumph Financial from $74.00 to $84.00 and gave the company a "neutral" rating in a research report on Friday, October 18th. Two analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Based on data from MarketBeat.com, Triumph Financial has a consensus rating of "Hold" and an average price target of $71.60.

Triumph Financial Stock Down 1.2 %

Shares of TFIN traded down $1.29 during mid-day trading on Friday, reaching $107.09. The company had a trading volume of 149,480 shares, compared to its average volume of 155,477. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 137.58 and a beta of 1.18. The firm has a 50-day moving average price of $89.26 and a 200 day moving average price of $83.68. Triumph Financial, Inc. has a 52 week low of $66.85 and a 52 week high of $110.58.

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