Occudo Quantitative Strategies LP Takes $285,000 Position in TWFG, Inc. (NASDAQ:TWFG)

Occudo Quantitative Strategies LP bought a new stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,242 shares of the company's stock, valued at approximately $285,000. Occudo Quantitative Strategies LP owned about 0.06% of TWFG as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. raised its position in shares of TWFG by 36.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,553,674 shares of the company's stock valued at $47,854,000 after buying an additional 415,159 shares during the last quarter. Alliancebernstein L.P. raised its position 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 buying an additional 71,106 shares during the last quarter. Capital International Investors raised its position in shares of 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 buying an additional 206,969 shares during the last quarter. Bamco Inc. NY raised its position in shares of TWFG by 19.6% in the fourth quarter. Bamco Inc. NY now owns 871,661 shares of the company's stock valued at $26,847,000 after buying an additional 142,913 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of TWFG by 5.5% in the fourth quarter. Vanguard Group Inc. now owns 616,899 shares of the company's stock valued at $19,000,000 after buying an additional 32,382 shares during the last quarter.

Wall Street Analysts Forecast Growth

TWFG has been the subject of several research analyst reports. Morgan Stanley upped their price target on shares of TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Monday. JPMorgan Chase & Co. upped their price target on shares of TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research report on Monday. BMO Capital Markets upped their price target on shares of TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 4th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a research report on Wednesday, April 9th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, TWFG currently has a consensus rating of "Moderate Buy" and a consensus target price of $33.71.

TWFG Trading Up 4.2%

TWFG traded up $1.42 during trading on Tuesday, hitting $35.33. 153,404 shares of the company's stock were exchanged, compared to its average volume of 149,960. The firm has a market cap of $1.98 billion and a P/E ratio of 3.28. The stock has a 50 day moving average price of $31.37 and a 200 day moving average price of $31.03. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02. TWFG, Inc. has a 1 year low of $21.31 and a 1 year high of $36.50.

TWFG 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.