Emerald Mutual Fund Advisers Trust Makes New $133,000 Investment in TWFG, Inc. (NASDAQ:TWFG)

Emerald Mutual Fund Advisers Trust acquired a new position in shares of TWFG, Inc. (NASDAQ:TWFG) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 4,900 shares of the company’s stock, valued at approximately $133,000.

Separately, Symphony Financial Ltd. Co. purchased a new stake in TWFG during the 3rd quarter worth approximately $310,000.

TWFG Stock Performance

NASDAQ:TWFG opened at $31.72 on Monday. TWFG, Inc. has a 12-month low of $21.31 and a 12-month high of $33.90. The company has a quick ratio of 33.75, a current ratio of 33.76 and a debt-to-equity ratio of 0.68. The firm’s 50 day moving average is $28.73.

TWFG (NASDAQ:TWFG) last announced its earnings results on Tuesday, August 27th. The company reported $14.89 earnings per share for the quarter, beating the consensus estimate of $3.74 by $11.15. The business had revenue of $53.27 million for the quarter, compared to the consensus estimate of $51.86 million. On average, equities research analysts predict that TWFG, Inc. will post 0.49 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TWFG shares. JPMorgan Chase & Co. lifted their price objective on TWFG from $26.50 to $28.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. William Blair began coverage on TWFG in a research report on Wednesday, August 21st. They issued an “outperform” rating for the company. DOWLING & PARTN upgraded TWFG to a “hold” rating in a research report on Wednesday, September 11th. Keefe, Bruyette & Woods lifted their target price on TWFG from $27.00 to $28.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 4th. Finally, Morgan Stanley began coverage on TWFG in a research report on Monday, August 12th. They issued an “equal weight” rating and a $23.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.86.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.