Alyeska Investment Group L.P. Has $8.14 Million Stock Position in TWFG, Inc. $TWFG

Key Points

• Alyeska Investment Group L.P. increased its stake in TWFG, Inc. by 15.5%, owning approximately 263,324 shares valued at $8.14 million as of the end of the most recent reporting period.
• Analysts have mixed views on TWFG, with ratings varying from "Buy" to "Hold", and a consensus price target set at $34.57.
• As of Friday, TWFG shares opened at $25.84, with a market capitalization of $1.45 billion and a 52-week price range between $24.50 and $36.85.

Alyeska Investment Group L.P. raised its stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) by 15.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 263,324 shares of the company's stock after acquiring an additional 35,357 shares during the period. Alyeska Investment Group L.P. owned approximately 0.47% of TWFG worth $8,139,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TWFG. Tower Research Capital LLC TRC increased its position in shares of TWFG by 273.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock worth $100,000 after purchasing an additional 2,368 shares during the period. Jane Street Group LLC bought a new stake in shares of TWFG during the 4th quarter worth approximately $351,000. D. E. Shaw & Co. Inc. bought a new position in TWFG in the fourth quarter valued at approximately $282,000. Janus Henderson Group PLC bought a new stake in TWFG during the fourth quarter worth $211,000. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of TWFG in the 4th quarter valued at $688,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a report on Monday, May 19th. Morgan Stanley dropped their target price on shares of TWFG from $35.00 to $32.00 and set an "equal weight" rating for the company in a report on Monday, August 18th. UBS Group raised their price target on shares of TWFG from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, July 9th. Finally, Piper Sandler lowered their price objective on shares of TWFG from $38.00 to $32.00 and set an "overweight" rating for the company in a research report on Thursday, August 14th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, TWFG presently has a consensus rating of "Moderate Buy" and a consensus target price of $34.57.

TWFG Trading Down 3.4%

Shares of TWFG stock traded down $0.85 on Wednesday, hitting $24.04. The stock had a trading volume of 73,975 shares, compared to its average volume of 101,829. The stock has a 50 day moving average of $29.83 and a 200 day moving average of $31.55. The firm has a market capitalization of $1.35 billion, a P/E ratio of 58.77 and a beta of 0.29. TWFG, Inc. has a twelve month low of $23.79 and a twelve month high of $36.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 105.86 and a current ratio of 105.86.

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.