TWFG, Inc. (NASDAQ:TWFG) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of TWFG, Inc. (NASDAQ:TWFG) have been assigned a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $33.14.

Several research firms have issued reports on TWFG. JPMorgan Chase & Co. reissued a “neutral” rating and set a $33.00 target price (up previously from $30.00) on shares of TWFG in a research note on Friday, January 3rd. Morgan Stanley reduced their price objective on shares of TWFG from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 25th. BMO Capital Markets increased their target price on shares of TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 4th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of TWFG from $28.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th.

TWFG Stock Performance

Shares of NASDAQ TWFG opened at $30.91 on Tuesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61. The company has a 50 day simple moving average of $30.22 and a 200-day simple moving average of $30.30. TWFG has a 1 year low of $21.31 and a 1 year high of $36.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TWFG. T. Rowe Price Investment Management Inc. increased its stake in TWFG by 36.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,553,674 shares of the company’s stock worth $47,854,000 after buying an additional 415,159 shares during the period. FMR LLC acquired a new stake in shares of TWFG in the third quarter valued at $34,942,000. Alliancebernstein L.P. raised its stake in shares of TWFG by 7.6% in the fourth quarter. Alliancebernstein L.P. now owns 1,011,222 shares of the company’s stock valued at $31,146,000 after acquiring an additional 71,106 shares in the last quarter. Capital International Investors boosted its holdings in TWFG by 30.8% in the fourth quarter. Capital International Investors now owns 878,807 shares of the company’s stock valued at $27,067,000 after purchasing an additional 206,969 shares during the period. Finally, Bamco Inc. NY increased its holdings in TWFG by 19.6% during the 4th quarter. Bamco Inc. NY now owns 871,661 shares of the company’s stock worth $26,847,000 after purchasing an additional 142,913 shares during the period.

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.