Curi RMB Capital LLC Boosts Holdings in Triumph Financial, Inc. (NASDAQ:TFIN)

Curi RMB Capital LLC grew its position in Triumph Financial, Inc. (NASDAQ:TFIN) by 3.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,796 shares of the company’s stock after purchasing an additional 1,027 shares during the quarter. Curi RMB Capital LLC owned about 0.13% of Triumph Financial worth $2,450,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. grew its stake in Triumph Financial by 122.7% during 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 last quarter. KBC Group NV grew its stake in shares of Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company’s stock worth $63,000 after acquiring an additional 253 shares during the last quarter. nVerses Capital LLC increased its holdings in shares of Triumph Financial by 200.0% during the second quarter. nVerses Capital LLC now owns 900 shares of the company’s stock valued at $74,000 after acquiring an additional 600 shares in the last quarter. Profund Advisors LLC purchased a new position in shares of Triumph Financial in the 2nd quarter valued at approximately $209,000. Finally, Wallace Advisory Group LLC acquired a new stake in Triumph Financial in the 2nd quarter worth approximately $246,000. 91.11% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TFIN has been the subject of a number of research analyst reports. Piper Sandler raised their price target on shares of Triumph Financial from $60.00 to $65.00 and gave the stock an “underweight” rating in a report on Friday, July 19th. 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. Keefe, Bruyette & Woods lowered Triumph Financial from a “market perform” rating to an “underperform” rating and cut their price objective for the company from $75.00 to $70.00 in a report on Friday, July 19th. Finally, DA Davidson raised their price objective 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 research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $71.60.

Triumph Financial Price Performance

Shares of TFIN opened at $98.29 on Friday. The business’s 50-day moving average is $84.65 and its two-hundred day moving average is $81.51. The company has a market capitalization of $2.30 billion, a P/E ratio of 126.01 and a beta of 1.18. Triumph Financial, Inc. has a fifty-two week low of $66.61 and a fifty-two week high of $105.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.99 and a current ratio of 0.99.

Triumph Financial (NASDAQ:TFIN) last posted its earnings results on Wednesday, October 16th. The company reported $0.19 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $106.29 million. During the same period last year, the company earned $0.51 earnings per share. Research analysts predict that Triumph Financial, Inc. will post 0.62 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.