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

Anthracite Investment Company Inc. raised its holdings in shares of Triumph Financial, Inc. (NASDAQ:TFIN) by 14.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,844 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Anthracite Investment Company Inc. owned 0.13% of Triumph Financial worth $2,453,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Arizona State Retirement System increased its position in shares of Triumph Financial by 2.0% during the second quarter. Arizona State Retirement System now owns 6,205 shares of the company’s stock worth $507,000 after acquiring an additional 124 shares in the last quarter. Callan Family Office LLC boosted its holdings in Triumph Financial by 1.1% during the second quarter. Callan Family Office LLC now owns 11,667 shares of the company’s stock worth $954,000 after purchasing an additional 126 shares during the last quarter. Louisiana State Employees Retirement System grew its position in Triumph Financial by 1.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 10,900 shares of the company’s stock worth $891,000 after purchasing an additional 200 shares in the last quarter. Kings Path Partners LLC lifted its position in shares of Triumph Financial by 2.4% during the 3rd quarter. Kings Path Partners LLC now owns 9,125 shares of the company’s stock worth $726,000 after buying an additional 216 shares in the last quarter. Finally, KBC Group NV boosted its stake in shares of Triumph Financial by 46.4% in the 3rd quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after buying an additional 253 shares during the last quarter. Institutional investors and hedge funds own 91.11% of the company’s stock.

Analysts Set New Price Targets

TFIN has been the subject of a number of research analyst reports. B. Riley reaffirmed a “neutral” rating and set a $65.00 price target on shares of Triumph Financial in a research report on Wednesday, October 2nd. DA Davidson lifted their target price on Triumph Financial from $74.00 to $84.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $71.60.

Triumph Financial Stock Up 2.0 %

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

Triumph Financial (NASDAQ:TFIN) last posted its quarterly earnings results on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. Triumph Financial had a return on equity of 2.64% and a net margin of 4.47%. The firm had revenue of $125.57 million during the quarter, compared to analyst estimates of $106.29 million. During the same period last year, the company earned $0.51 earnings per share. On average, equities research analysts anticipate that Triumph Financial, Inc. will post 0.62 EPS for the current year.

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.