Woodson Capital Management LP Reduces Position in Triumph Financial, Inc. (NASDAQ:TFIN)

Woodson Capital Management LP decreased its stake in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 10.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 196,481 shares of the company’s stock after selling 23,519 shares during the period. Triumph Financial accounts for 3.1% of Woodson Capital Management LP’s investment portfolio, making the stock its 16th biggest position. Woodson Capital Management LP’s holdings in Triumph Financial were worth $15,628,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Arizona State Retirement System grew its position in shares of Triumph Financial by 2.0% in the second quarter. Arizona State Retirement System now owns 6,205 shares of the company’s stock valued at $507,000 after purchasing an additional 124 shares during the period. Callan Family Office LLC grew its position in shares of Triumph Financial by 1.1% in the second quarter. Callan Family Office LLC now owns 11,667 shares of the company’s stock valued at $954,000 after purchasing an additional 126 shares during the period. Louisiana State Employees Retirement System grew its position in shares of Triumph Financial by 1.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company’s stock valued at $891,000 after purchasing an additional 200 shares during the period. Kings Path Partners LLC grew its position in shares of Triumph Financial by 2.4% in the third quarter. Kings Path Partners LLC now owns 9,125 shares of the company’s stock valued at $726,000 after purchasing an additional 216 shares during the period. Finally, KBC Group NV grew its position in shares of Triumph Financial by 46.4% in the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after purchasing an additional 253 shares during the period. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Triumph Financial Price Performance

TFIN stock opened at $108.38 on Friday. The stock has a 50-day moving average price of $89.26 and a two-hundred day moving average price of $83.68. Triumph Financial, Inc. has a 12-month low of $66.61 and a 12-month high of $110.58. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.54 billion, a PE ratio of 138.95 and a beta of 1.18.

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

Analyst Upgrades and Downgrades

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

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.