Triumph Financial, Inc. (NASDAQ:TFIN) Stake Raised by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. boosted its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 27.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 142,670 shares of the company’s stock after purchasing an additional 30,640 shares during the quarter. Diamond Hill Capital Management Inc.’s holdings in Triumph Financial were worth $12,966,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hodges Capital Management Inc. raised its holdings in Triumph Financial by 42.3% during the 4th quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company’s stock worth $13,490,000 after buying an additional 44,100 shares during the period. Barclays PLC raised its holdings in Triumph Financial by 88.8% during the 3rd quarter. Barclays PLC now owns 51,325 shares of the company’s stock worth $4,082,000 after buying an additional 24,144 shares during the period. Alberta Investment Management Corp raised its holdings in Triumph Financial by 75.3% during the 4th quarter. Alberta Investment Management Corp now owns 46,620 shares of the company’s stock worth $4,237,000 after buying an additional 20,032 shares during the period. Thrivent Financial for Lutherans raised its holdings in Triumph Financial by 1.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock worth $91,975,000 after buying an additional 13,510 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Triumph Financial by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 518,112 shares of the company’s stock worth $41,218,000 after buying an additional 8,609 shares during the period. 91.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TFIN has been the topic of several recent analyst reports. DA Davidson cut 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. Keefe, Bruyette & Woods upgraded Triumph Financial from an “underperform” rating to a “market perform” rating and dropped their target price for the company from $80.00 to $74.00 in a report on Thursday, February 27th. Finally, Stephens reiterated an “equal weight” rating and issued a $109.00 target price on shares of Triumph Financial in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $79.00.

Triumph Financial Price Performance

Shares of TFIN opened at $61.09 on Friday. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 113.13 and a beta of 1.22. Triumph Financial, Inc. has a fifty-two week low of $58.22 and a fifty-two week high of $110.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.98. The business’s 50-day moving average is $75.40 and its 200-day moving average is $84.83.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings results 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%. Equities research analysts expect that Triumph Financial, Inc. will post 1.08 EPS for the current fiscal year.

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.