Womack Financial LLC Invests $4 Million in Triumph Financial, Inc. $TFIN

Womack Financial LLC bought a new stake in Triumph Financial, Inc. (NYSE:TFIN) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 52,381 shares of the company’s stock, valued at approximately $3,997,000. Triumph Financial accounts for 2.6% of Womack Financial LLC’s holdings, making the stock its 7th largest holding. Womack Financial LLC owned 0.22% of Triumph Financial at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TFIN. Ranger Investment Management L.P. acquired a new stake in Triumph Financial in the second quarter valued at approximately $36,920,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Triumph Financial during the second quarter worth approximately $49,047,000. Quantbot Technologies LP bought a new position in shares of Triumph Financial in the 2nd quarter worth $40,000. Orchard Capital Management LLC bought a new position in shares of Triumph Financial in the 2nd quarter worth $3,787,000. Finally, Callan Family Office LLC bought a new position in shares of Triumph Financial in the second quarter valued at $493,000. 91.11% of the stock is owned by institutional investors.

Insider Transactions at Triumph Financial

In other news, EVP Adam D. Nelson sold 3,750 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $79.05, for a total transaction of $296,437.50. Following the completion of the sale, the executive vice president owned 23,755 shares in the company, valued at $1,877,832.75. This trade represents a 13.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Edward Joseph Schreyer sold 2,900 shares of Triumph Financial stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $73.75, for a total transaction of $213,875.00. Following the completion of the sale, the executive vice president directly owned 15,534 shares in the company, valued at $1,145,632.50. This trade represents a 15.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.51% of the stock is owned by insiders.

Triumph Financial Stock Down 1.5%

TFIN stock opened at $73.82 on Tuesday. The stock has a market cap of $1.76 billion, a P/E ratio of 49.88 and a beta of 1.39. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05. The stock’s fifty day simple moving average is $76.52 and its two-hundred day simple moving average is $68.25. Triumph Financial, Inc. has a 1-year low of $46.43 and a 1-year high of $83.52.

Triumph Financial (NYSE:TFIN) last announced its earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.44. The firm had revenue of $120.24 million during the quarter, compared to analyst estimates of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. Analysts expect that Triumph Financial, Inc. will post 1.93 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TFIN shares. Weiss Ratings reissued a “hold (c)” rating on shares of Triumph Financial in a research report on Friday, August 7th. Zacks Research cut shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. B. Riley Financial lifted their price target on Triumph Financial from $70.00 to $82.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Keefe, Bruyette & Woods raised their target price on Triumph Financial from $78.00 to $88.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Finally, Stephens lifted their target price on Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Six analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Triumph Financial presently has an average rating of “Hold” and an average target price of $85.00.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.