Anthracite Investment Company Inc. Buys 4,000 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Anthracite Investment Company Inc. lifted its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 14.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,844 shares of the company’s stock after buying an additional 4,000 shares during the period. Anthracite Investment Company Inc.’s holdings in Triumph Financial were worth $2,453,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Sei Investments Co. boosted its position in Triumph Financial by 77.9% during the 1st quarter. Sei Investments Co. now owns 45,741 shares of the company’s stock valued at $3,628,000 after buying an additional 20,026 shares during the period. ProShare Advisors LLC boosted its holdings in shares of Triumph Financial by 7.4% during the first quarter. ProShare Advisors LLC now owns 4,468 shares of the company’s stock worth $354,000 after purchasing an additional 306 shares during the period. Vanguard Group Inc. grew its stake in shares of Triumph Financial by 0.6% in the first quarter. Vanguard Group Inc. now owns 1,974,578 shares of the company’s stock worth $156,624,000 after purchasing an additional 11,722 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Triumph Financial by 5.7% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 30,997 shares of the company’s stock valued at $2,452,000 after purchasing an additional 1,669 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in 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. 91.11% of the stock is currently owned by hedge funds and other institutional investors.

Triumph Financial Stock Performance

TFIN stock opened at $99.87 on Wednesday. The stock has a market capitalization of $2.34 billion, a PE ratio of 128.04 and a beta of 1.18. The stock’s 50 day simple moving average is $85.83 and its 200 day simple moving average is $82.23. Triumph Financial, Inc. has a 12-month low of $66.61 and a 12-month high of $105.04. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. The company had revenue of $125.57 million for the quarter, compared to analysts’ expectations of $106.29 million. During the same period last year, the firm posted $0.51 earnings per share. As a group, research analysts forecast that Triumph Financial, Inc. will post 0.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. DA Davidson lifted their price objective on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. B. Riley reaffirmed a “neutral” rating and issued a $65.00 price target on shares of Triumph Financial in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $71.60.

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.