Curi RMB Capital LLC raised its position in Triumph Financial, Inc. (NASDAQ:TFIN – Free Report) by 133.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 72,022 shares of the company’s stock after buying an additional 41,226 shares during the period. Curi RMB Capital LLC owned about 0.31% of Triumph Financial worth $6,545,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently made changes to their positions in TFIN. Precision Wealth Strategies LLC lifted its holdings in Triumph Financial by 2.7% in the fourth quarter. Precision Wealth Strategies LLC now owns 5,354 shares of the company’s stock valued at $487,000 after buying an additional 141 shares during the period. Federated Hermes Inc. increased its holdings in Triumph Financial by 4.3% in the fourth quarter. Federated Hermes Inc. now owns 3,578 shares of the company’s stock valued at $325,000 after purchasing an additional 147 shares during the last quarter. Blue Trust Inc. lifted its stake in Triumph Financial by 43.4% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $61,000 after buying an additional 204 shares during the period. Illinois Municipal Retirement Fund grew its position in shares of Triumph Financial by 2.1% during the 4th quarter. Illinois Municipal Retirement Fund now owns 12,326 shares of the company’s stock worth $1,120,000 after buying an additional 252 shares during the period. Finally, Pictet Asset Management Holding SA increased its stake in shares of Triumph Financial by 9.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,004 shares of the company’s stock valued at $273,000 after acquiring an additional 270 shares during the last quarter. Institutional investors own 91.11% of the company’s stock.
Triumph Financial Stock Down 2.7 %
NASDAQ:TFIN opened at $48.62 on Friday. The stock has a 50-day simple moving average of $60.66 and a 200 day simple moving average of $80.14. Triumph Financial, Inc. has a 52-week low of $42.90 and a 52-week high of $110.58. The company has a market cap of $1.14 billion, a PE ratio of 90.04 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Stephens reaffirmed an “equal weight” rating and issued a $109.00 target price on shares of Triumph Financial in a research note on Thursday, January 23rd. Keefe, Bruyette & Woods upgraded Triumph Financial from an “underperform” rating to a “market perform” rating and reduced their target price for the stock from $80.00 to $74.00 in a report on Thursday, February 27th. Finally, DA Davidson lowered their target price on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $79.00.
Get Our Latest Stock Analysis on TFIN
Triumph Financial Company 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.
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