AltraVue Capital LLC Acquires 273,718 Shares of Triumph Financial, Inc. $TFIN

AltraVue Capital LLC increased its holdings in shares of Triumph Financial, Inc. (NYSE:TFIN) by 22.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,515,877 shares of the company’s stock after acquiring an additional 273,718 shares during the period. Triumph Financial comprises about 7.8% of AltraVue Capital LLC’s investment portfolio, making the stock its 3rd biggest position. AltraVue Capital LLC owned 0.06% of Triumph Financial worth $94,939,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in TFIN. Vanguard Group Inc. lifted its holdings in Triumph Financial by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 2,031,008 shares of the company’s stock valued at $127,202,000 after purchasing an additional 14,355 shares during the last quarter. State Street Corp lifted its position in shares of Triumph Financial by 1.8% during the second quarter. State Street Corp now owns 1,311,960 shares of the company’s stock worth $72,302,000 after purchasing an additional 23,678 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Triumph Financial by 4.3% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 868,807 shares of the company’s stock worth $43,475,000 after buying an additional 35,905 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Triumph Financial by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 532,678 shares of the company’s stock worth $33,368,000 after buying an additional 4,747 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Triumph Financial by 1.6% during the third quarter. Bank of America Corp DE now owns 466,649 shares of the company’s stock valued at $23,351,000 after purchasing an additional 7,540 shares during the period. 91.11% of the stock is currently owned by institutional investors and hedge funds.

Triumph Financial Stock Performance

NYSE TFIN opened at $71.30 on Friday. Triumph Financial, Inc. has a 52 week low of $46.43 and a 52 week high of $77.84. The company has a 50 day moving average price of $65.05. The company has a market cap of $1.70 billion, a PE ratio of 59.92 and a beta of 1.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.99.

Triumph Financial (NYSE:TFIN) last announced its earnings results on Tuesday, April 21st. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.15 by $0.08. Triumph Financial had a net margin of 6.07% and a return on equity of 3.97%. The business had revenue of $105.80 million during the quarter, compared to analysts’ expectations of $106.88 million. On average, equities research analysts forecast that Triumph Financial, Inc. will post 1.72 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Triumph Financial from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Zacks Research cut shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. DA Davidson restated a “neutral” rating and set a $60.00 price objective on shares of Triumph Financial in a report on Wednesday, April 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Triumph Financial in a report on Tuesday, May 12th. Six analysts have rated the stock with a Hold rating, According to MarketBeat, Triumph Financial presently has an average rating of “Hold” and a consensus target price of $64.75.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, insider Todd Ritterbusch bought 7,000 shares of Triumph Financial stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average price of $67.01 per share, for a total transaction of $469,070.00. Following the completion of the acquisition, the insider owned 22,804 shares of the company’s stock, valued at $1,528,096.04. This trade represents a 44.29% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Edward Joseph Schreyer sold 2,900 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.70, for a total transaction of $193,430.00. Following the transaction, the executive vice president owned 18,434 shares of the company’s stock, valued at $1,229,547.80. The trade was a 13.59% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 5.51% of the company’s stock.

Triumph Financial Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.