Stock News

Triumph Bancorp, Inc. (TBK) Touches $35.45 High on Jan, 13; Motley Fool Wealth Management Upped By $759,936 Its Novo (NVO) Holding

The stock of Triumph Bancorp, Inc. (NASDAQ:TBK) reached all time high today, Jan, 13 and still has $37.22 target or 5.00% above today’s $35.45 share price. This indicates more upside for the $738.10 million company. This technical setup was reported by Barchart.com. If the $37.22 PT is reached, the company will be worth $36.91M more. The stock decreased 1.12% or $0.4 during the last trading session, reaching $35.45. About 88,321 shares traded. Triumph Bancorp, Inc. (NASDAQ:TBK) has risen 39.25% since January 13, 2017 and is uptrending. It has outperformed by 22.55% the S&P500.

Motley Fool Wealth Management Llc increased Novo (NVO) stake by 13.92% reported in 2017Q3 SEC filing. Motley Fool Wealth Management Llc acquired 15,832 shares as Novo (NVO)’s stock rose 15.20%. The Motley Fool Wealth Management Llc holds 129,590 shares with $6.24 million value, up from 113,758 last quarter. Novo now has $132.50B valuation. The stock increased 0.15% or $0.08 during the last trading session, reaching $55.04. About 1.10 million shares traded. Novo Nordisk A/S (NYSE:NVO) has declined 23.93% since January 13, 2017 and is downtrending. It has underperformed by 40.63% the S&P500.

Motley Fool Wealth Management Llc decreased Ipg Photonics Corp (NASDAQ:IPGP) stake by 5,714 shares to 195,839 valued at $36.24M in 2017Q3. It also reduced Priceline Group Inc/The (NASDAQ:PCLN) stake by 406 shares and now owns 13,780 shares. Align Technology Inc (NASDAQ:ALGN) was reduced too.

Among 15 analysts covering Novo Nordisk (ADR) (NYSE:NVO), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. Novo Nordisk (ADR) had 20 analyst reports since August 28, 2015 according to SRatingsIntel. The company was downgraded on Friday, September 9 by JP Morgan. The firm earned “Market Perform” rating on Friday, August 28 by Leerink Swann. The rating was upgraded by BNP Paribas to “Outperform” on Tuesday, September 13. The stock has “Underperform” rating by Bank of America on Friday, October 28. The firm has “Hold” rating by HSBC given on Wednesday, August 31. As per Wednesday, September 6, the company rating was upgraded by Bank of America. The firm has “Buy” rating by Bank of America given on Wednesday, December 6. The rating was downgraded by UBS on Monday, February 8 to “Sell”. As per Friday, December 29, the company rating was upgraded by JP Morgan. The firm has “Hold” rating given on Friday, December 29 by J.P. Morgan.

Analysts await Triumph Bancorp, Inc. (NASDAQ:TBK) to report earnings on January, 22. They expect $0.46 earnings per share, up 39.39% or $0.13 from last year’s $0.33 per share. TBK’s profit will be $9.58M for 19.27 P/E if the $0.46 EPS becomes a reality. After $0.47 actual earnings per share reported by Triumph Bancorp, Inc. for the previous quarter, Wall Street now forecasts -2.13% negative EPS growth.

Triumph Bancorp, Inc., a financial holding company, provides banking and commercial finance services and products to businesses in the United States. The company has market cap of $738.10 million. The firm operates through four divisions: Banking, Factoring, Asset Management, and Corporate. It has a 18.82 P/E ratio. It offers depository products, including checking, savings, and money market accounts, as well as certificates of deposit; and commercial and industrial loans, loans to purchase capital equipment, and business loans for working capital and operational purposes.

Among 9 analysts covering Triumph Bancorp (NASDAQ:TBK), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Triumph Bancorp had 19 analyst reports since July 28, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Triumph Bancorp, Inc. (NASDAQ:TBK) on Tuesday, October 3 with “Buy” rating. The firm earned “Overweight” rating on Thursday, December 15 by Piper Jaffray. The firm has “Buy” rating given on Wednesday, August 9 by Keefe Bruyette & Woods. The stock of Triumph Bancorp, Inc. (NASDAQ:TBK) has “Outperform” rating given on Friday, May 26 by Wells Fargo. The firm has “Outperform” rating given on Thursday, March 31 by FBR Capital. The rating was upgraded by PiperJaffray on Friday, July 21 to “Overweight”. FBR Capital downgraded the stock to “Market Perform” rating in Friday, July 21 report. The firm has “Outperform” rating by Bruyette & Woods” given on Friday, August 21. The company was maintained on Friday, October 20 by Wells Fargo. The rating was upgraded by Evercore to “Buy” on Tuesday, July 28.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *