American Century Companies Inc. Has $71.09 Million Position in Triumph Financial, Inc. (NASDAQ:TFIN)

American Century Companies Inc. grew its holdings in Triumph Financial, Inc. (NASDAQ:TFIN) by 34.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 782,198 shares of the company’s stock after buying an additional 198,611 shares during the quarter. American Century Companies Inc. owned 3.34% of Triumph Financial worth $71,086,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Thrivent Financial for Lutherans grew its position in Triumph Financial by 1.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,175,616 shares of the company’s stock valued at $106,840,000 after acquiring an additional 19,286 shares during the period. Geode Capital Management LLC grew its holdings in shares of Triumph Financial by 1.7% in the 3rd 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. increased its position in shares of Triumph Financial by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 199,071 shares of the company’s stock worth $18,092,000 after purchasing an additional 3,539 shares in the last quarter. Hodges Capital Management Inc. lifted 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 valued at $13,490,000 after purchasing an additional 44,100 shares during the last quarter. Finally, Diamond Hill Capital Management Inc. boosted its position in Triumph Financial by 27.3% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 142,670 shares of the company’s stock valued at $12,966,000 after buying an additional 30,640 shares in the last quarter. 91.11% of the stock is owned by institutional investors.

Triumph Financial Stock Down 0.9 %

Shares of TFIN opened at $64.22 on Wednesday. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 118.93 and a beta of 1.22. Triumph Financial, Inc. has a 52 week low of $58.22 and a 52 week high of $110.58. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98. The business’s fifty day moving average price is $72.01 and its two-hundred day moving average price is $83.90.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. On average, analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TFIN shares. Keefe, Bruyette & Woods raised shares of Triumph Financial from an “underperform” rating to a “market perform” rating and dropped their price objective for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. DA Davidson cut their price objective on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Finally, Stephens restated an “equal weight” rating and set a $109.00 target price on shares of Triumph Financial in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $79.00.

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.