Nisa Investment Advisors LLC Sells 1,010 Shares of Triumph Financial, Inc. (NASDAQ:TFIN)

Nisa Investment Advisors LLC decreased its stake in Triumph Financial, Inc. (NASDAQ:TFIN) by 22.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,399 shares of the company’s stock after selling 1,010 shares during the period. Nisa Investment Advisors LLC’s holdings in Triumph Financial were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its stake in shares of Triumph Financial by 77.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,400 shares of the company’s stock valued at $91,000 after buying an additional 610 shares during the period. Ameritas Investment Partners Inc. acquired a new stake in shares of Triumph Financial in the second quarter valued at about $112,000. Osaic Holdings Inc. acquired a new stake in shares of Triumph Financial in the second quarter valued at about $153,000. Welch Group LLC acquired a new stake in shares of Triumph Financial in the fourth quarter valued at about $212,000. Finally, Howard Financial Services LTD. acquired a new stake in shares of Triumph Financial in the fourth quarter valued at about $241,000. Institutional investors and hedge funds own 91.11% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TFIN. Piper Sandler cut Triumph Financial from a “neutral” rating to an “underweight” rating and increased their price target for the company from $64.00 to $67.00 in a research note on Monday, February 12th. Keefe, Bruyette & Woods raised their target price on Triumph Financial from $61.00 to $68.00 and gave the stock a “market perform” rating in a research note on Thursday, January 25th. Finally, Stephens decreased their target price on Triumph Financial from $79.00 to $75.00 and set an “equal weight” rating for the company in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, Triumph Financial presently has an average rating of “Hold” and an average price target of $66.20.

Triumph Financial Trading Down 8.1 %

NASDAQ TFIN opened at $68.10 on Friday. The business has a 50 day simple moving average of $76.31 and a 200 day simple moving average of $72.18. Triumph Financial, Inc. has a one year low of $46.67 and a one year high of $82.22. The stock has a market capitalization of $1.59 billion, a P/E ratio of 42.56 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.02 and a quick ratio of 1.02.

Triumph Financial (NASDAQ:TFIN) last released its quarterly earnings data on Tuesday, January 23rd. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.04). Triumph Financial had a net margin of 8.69% and a return on equity of 5.14%. The firm had revenue of $106.15 million for the quarter, compared to the consensus estimate of $106.81 million. Research analysts expect that Triumph Financial, Inc. will post 1.96 earnings per share for the current year.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, COO Edward Joseph Schreyer sold 12,820 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $72.43, for a total transaction of $928,552.60. Following the completion of the sale, the chief operating officer now owns 50,939 shares in the company, valued at approximately $3,689,511.77. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 6.15% of the stock is currently owned by company insiders.

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.