Triumph Financial, Inc. (NASDAQ:TFIN) Stock Position Raised by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC increased its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 1.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 881,323 shares of the company’s stock after acquiring an additional 8,990 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Triumph Financial were worth $72,048,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TFIN. nVerses Capital LLC grew its position in Triumph Financial by 200.0% in the second quarter. nVerses Capital LLC now owns 900 shares of the company’s stock worth $74,000 after acquiring an additional 600 shares in the last quarter. Quest Partners LLC bought a new stake in Triumph Financial in the fourth quarter worth $75,000. Federated Hermes Inc. increased its position in Triumph Financial by 8.1% during the second quarter. Federated Hermes Inc. now owns 3,504 shares of the company’s stock worth $286,000 after buying an additional 264 shares during the last quarter. Intech Investment Management LLC bought a new position in Triumph Financial during the second quarter valued at about $350,000. Finally, ProShare Advisors LLC lifted its position in shares of Triumph Financial by 7.4% in the first quarter. ProShare Advisors LLC now owns 4,468 shares of the company’s stock worth $354,000 after buying an additional 306 shares during the last quarter. Institutional investors own 91.11% of the company’s stock.

Triumph Financial Stock Performance

TFIN opened at $81.80 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average price is $84.14 and its two-hundred day moving average price is $78.70. The firm has a market capitalization of $1.91 billion, a P/E ratio of 62.44 and a beta of 1.20. Triumph Financial, Inc. has a 12-month low of $56.91 and a 12-month high of $95.46.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Wednesday, July 17th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.13). The company had revenue of $124.18 million during the quarter, compared to analyst estimates of $103.43 million. Triumph Financial had a return on equity of 3.57% and a net margin of 6.05%. During the same quarter in the previous year, the business posted $0.29 EPS. On average, equities analysts forecast that Triumph Financial, Inc. will post 0.87 earnings per share for the current year.

Insider Transactions at Triumph Financial

In related news, EVP Adam D. Nelson sold 4,598 shares of the stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $87.27, for a total value of $401,267.46. Following the completion of the sale, the executive vice president now owns 32,285 shares in the company, valued at $2,817,511.95. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, EVP Adam D. Nelson sold 4,598 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $87.27, for a total transaction of $401,267.46. Following the sale, the executive vice president now directly owns 32,285 shares in the company, valued at $2,817,511.95. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Edward Joseph Schreyer sold 6,128 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $81.41, for a total value of $498,880.48. Following the completion of the transaction, the chief operating officer now owns 39,698 shares of the company’s stock, valued at $3,231,814.18. The disclosure for this sale can be found here. Insiders own 6.15% of the company’s stock.

Analyst Upgrades and Downgrades

TFIN has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods downgraded Triumph Financial from a “market perform” rating to an “underperform” rating and cut their price objective for the company from $75.00 to $70.00 in a research note on Friday, July 19th. Piper Sandler increased their price target on Triumph Financial from $60.00 to $65.00 and gave the company an “underweight” rating in a report on Friday, July 19th. Stephens reissued an “equal weight” rating and issued a $74.00 price target on shares of Triumph Financial in a research report on Thursday, July 18th. Finally, DA Davidson raised their target price on shares of Triumph Financial from $68.00 to $74.00 and gave the company a “neutral” rating in a research note on Friday, July 19th.

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.