2 weeks Ago By ABMN Staff
Public Employees Retirement Association of Colorado cut its holdings in Triumph Financial, Inc. ( NASDAQ:TFIN – Free Report ) by 60.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 2,863 shares of the company’s stock after selling 4,420 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Triumph Financial were worth $234,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also recently bought and sold shares of TFIN.
nVerses Capital LLC boosted its stake in shares of Triumph Financial by 200.0% in the 2nd quarter. nVerses Capital LLC now owns 900 shares of the company’s stock valued at $74,000 after purchasing an additional 600 shares in the last quarter.
Federated Hermes Inc. boosted its position in Triumph Financial by 8.1% in the second quarter.
Federated Hermes Inc. now owns 3,504 shares of the company’s stock valued at $286,000 after buying an additional 264 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Triumph Financial during the second quarter worth $350,000.
ProShare Advisors LLC increased 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 buying an additional 306 shares in the last quarter.
Finally, Central Pacific Bank Trust Division bought a new position in shares of Triumph Financial in the 1st quarter valued at $443,000. Institutional investors own 91.11% of the company’s stock.
Triumph Financial Stock Up 1.6 % Shares of TFIN opened at $78.42 on Friday.
The company has a market capitalization of $1.83 billion, a PE ratio of 59.86 and a beta of 1.
20. The stock’s 50-day moving average price is $83.21 and its two-hundred day moving average price is $78.
84. 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, Inc.
has a 12 month low of $56.91 and a 12 month high of $95.46.
Analysts Set New Price Targets A number of brokerages recently weighed in on TFIN. DA Davidson boosted their price objective on Triumph Financial from $68.00 to $74.
00 and gave the stock a “neutral” rating in a research report on Friday, July 19th. Piper Sandler upped their price objective on Triumph Financial from $60.00 to $65.
00 and gave the company an “underweight” rating in a research note on Friday, July 19th. Stephens reiterated an “equal weight” rating and issued a $74.00 price objective on shares of Triumph Financial in a report on Thursday, July 18th.
Finally, Keefe, Bruyette & Woods lowered shares of Triumph Financial from a “market perform” rating to an “underperform” rating and reduced their target price for the stock from $75.00 to $70.00 in a report on Friday, July 19th.
Get Our Latest Research Report on Triumph Financial Insider Transactions at Triumph Financial In related news, COO Edward Joseph Schreyer sold 6,128 shares of Triumph Financial stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $81.41, for a total transaction of $498,880.
48. Following the completion of the transaction, the chief operating officer now owns 39,698 shares of the company’s stock, valued at $3,231,814.18.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link . In related news, COO Edward Joseph Schreyer sold 6,128 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $81.
41, for a total transaction of $498,880.48. Following the completion of the sale, the chief operating officer now owns 39,698 shares of the company’s stock, valued at $3,231,814.
18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, EVP Adam D.
Nelson sold 4,598 shares of Triumph Financial stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $87.27, for a total value of $401,267.
46. Following the completion of the sale, the executive vice president now owns 32,285 shares of the company’s stock, valued at $2,817,511.95.
The disclosure for this sale can be found here . 6.15% of the stock is currently owned by corporate insiders.
Triumph Financial Profile ( Free Report ) 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.
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