JPMorgan Chase & Co. Makes New Investment in TWFG, Inc. (NASDAQ:TWFG)

JPMorgan Chase & Co. purchased a new position in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,315 shares of the company's stock, valued at approximately $410,000. JPMorgan Chase & Co. owned approximately 0.09% of TWFG at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in TWFG by 5.5% during the 4th quarter. Vanguard Group Inc. now owns 616,899 shares of the company's stock worth $19,000,000 after buying an additional 32,382 shares in the last quarter. LPL Financial LLC lifted its position in TWFG by 13.0% during the fourth quarter. LPL Financial LLC now owns 31,171 shares of the company's stock worth $960,000 after buying an additional 3,585 shares in the last quarter. Sei Investments Co. boosted its stake in TWFG by 56.4% during the fourth quarter. Sei Investments Co. now owns 13,157 shares of the company's stock worth $405,000 after buying an additional 4,747 shares during the last quarter. Quantbot Technologies LP grew its holdings in TWFG by 57.8% in the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock valued at $167,000 after buying an additional 1,981 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of TWFG in the 4th quarter worth $244,000.

TWFG Trading Down 0.5 %

Shares of TWFG stock traded down $0.18 on Wednesday, hitting $32.63. The stock had a trading volume of 72,310 shares, compared to its average volume of 153,199. The company's 50 day moving average price is $31.03 and its 200-day moving average price is $30.94. TWFG, Inc. has a 1 year low of $21.31 and a 1 year high of $36.50. The company has a debt-to-equity ratio of 0.02, a current ratio of 122.61 and a quick ratio of 122.61.

Wall Street Analyst Weigh In

TWFG has been the topic of a number of analyst reports. Morgan Stanley reduced their target price 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 cut their target price on TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a research note on Wednesday, April 9th. Finally, BMO Capital Markets upped their price target on TWFG from $30.00 to $32.00 and gave the company an "outperform" rating in a research note on Tuesday, March 4th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $33.00.

About TWFG

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.