Two Sigma Investments LP Raises Stock Position in TWFG, Inc. (NASDAQ:TWFG)

Two Sigma Investments LP raised its position in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) by 84.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 87,576 shares of the company's stock after purchasing an additional 40,052 shares during the quarter. Two Sigma Investments LP owned 0.59% of TWFG worth $2,697,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. T. Rowe Price Investment Management Inc. raised its holdings in TWFG by 36.5% in 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 acquiring an additional 415,159 shares during the last quarter. Capital International Investors raised its stake in shares of TWFG by 30.8% in the fourth quarter. Capital International Investors now owns 878,807 shares of the company's stock worth $27,067,000 after purchasing an additional 206,969 shares during the last quarter. Freestone Grove Partners LP bought a new position in shares of TWFG during the fourth quarter valued at $5,931,000. Bamco Inc. NY boosted its position in shares of TWFG by 19.6% during 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, Renaissance Technologies LLC bought a new position in TWFG during the 4th quarter valued at about $3,274,000.

Analysts Set New Price Targets

TWFG has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on shares of TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. JPMorgan Chase & Co. boosted their target price on shares of TWFG from $33.00 to $34.00 and gave the company a "neutral" rating in a research report on Monday, May 19th. BMO Capital Markets lifted their price target 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 cut their price objective 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 analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $33.71.

TWFG Price Performance

Shares of NASDAQ:TWFG traded down $0.02 during mid-day trading on Wednesday, reaching $35.24. The stock had a trading volume of 15,314 shares, compared to its average volume of 145,365. The business's 50 day moving average price is $32.47 and its 200 day moving average price is $31.24. TWFG, Inc. has a 1 year low of $21.31 and a 1 year high of $36.85. The company has a market cap of $1.98 billion and a P/E ratio of 3.27. 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 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.