Bamco Inc. NY Has $26.85 Million Stock Holdings in TWFG, Inc. (NASDAQ:TWFG)

Bamco Inc. NY raised its stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) by 19.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 871,661 shares of the company's stock after buying an additional 142,913 shares during the quarter. Bamco Inc. NY owned 5.89% of TWFG worth $26,847,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC bought a new stake in shares of TWFG during the 4th quarter worth about $86,000. Tower Research Capital LLC TRC lifted its position in shares of TWFG by 273.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock worth $100,000 after acquiring an additional 2,368 shares during the period. Quantbot Technologies LP boosted its stake in TWFG by 57.8% during the fourth quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock worth $167,000 after buying an additional 1,981 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of TWFG during the 4th quarter valued at about $244,000. Finally, Norges Bank bought a new stake in shares of TWFG in the 4th quarter valued at approximately $297,000.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TWFG. Morgan Stanley decreased their price objective on shares of TWFG from $31.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Tuesday, March 25th. Keefe, Bruyette & Woods reduced their target price on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 9th. Finally, BMO Capital Markets raised their price target on TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 4th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $33.00.

TWFG Stock Up 3.4 %

Shares of NASDAQ:TWFG opened at $32.69 on Monday. The company's fifty day simple moving average is $30.86 and its 200 day simple moving average is $30.90. TWFG, Inc. has a 12 month low of $21.31 and a 12 month high of $36.50. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61.

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.

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