Tectonic Advisors LLC Has $2.11 Million Stake in Triumph Financial, Inc. (NASDAQ:TFIN)

Tectonic Advisors LLC grew its position in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,190 shares of the company’s stock after buying an additional 474 shares during the quarter. Tectonic Advisors LLC owned approximately 0.10% of Triumph Financial worth $2,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Blue Trust Inc. increased its position in Triumph Financial by 122.7% in the 3rd quarter. Blue Trust Inc. now owns 470 shares of the company’s stock worth $38,000 after buying an additional 259 shares during the period. Quantbot Technologies LP acquired a new stake in Triumph Financial in the 3rd quarter valued at $49,000. KBC Group NV boosted its stake in Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after purchasing an additional 253 shares in the last quarter. Mechanics Bank Trust Department acquired a new position in Triumph Financial in the fourth quarter worth $202,000. Finally, Cottonwood Capital Advisors LLC acquired a new position in Triumph Financial in the fourth quarter worth $215,000. 91.11% of the stock is owned by institutional investors.

Insider Buying and Selling at Triumph Financial

In other news, CEO Aaron P. Graft sold 13,500 shares of Triumph Financial stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $106.36, for a total value of $1,435,860.00. Following the completion of the transaction, the chief executive officer now directly owns 151,533 shares of the company’s stock, valued at approximately $16,117,049.88. This trade represents a 8.18 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 6.15% of the company’s stock.

Analyst Ratings Changes

TFIN has been the subject of a number of recent research reports. DA Davidson dropped their target price 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. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and set a $80.00 price objective (down from $85.00) on shares of Triumph Financial in a research report on Friday, January 24th. Finally, Stephens reaffirmed an “equal weight” rating and set a $109.00 price objective on shares of Triumph Financial in a research report on Thursday, January 23rd. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $80.20.

Triumph Financial Stock Performance

TFIN opened at $77.07 on Wednesday. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 142.72 and a beta of 1.22. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. Triumph Financial, Inc. has a 12-month low of $66.85 and a 12-month high of $110.58. The business has a 50 day moving average of $91.66 and a 200-day moving average of $88.12.

Triumph Financial (NASDAQ:TFIN) last posted 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, equities research analysts expect that Triumph Financial, Inc. will post 1.21 earnings per share for the current year.

About Triumph Financial

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.