Analysts Set TWFG, Inc. (NASDAQ:TWFG) Price Target at $33.71

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has earned an average recommendation of "Moderate Buy" from the nine brokerages that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $33.71.

Several equities analysts have recently weighed in on TWFG shares. JPMorgan Chase & Co. increased their price objective 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. 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 report on Monday, May 19th. Finally, Keefe, Bruyette & Woods decreased their target price on TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 9th.

Institutional Investors Weigh In On TWFG

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Y Intercept Hong Kong Ltd bought a new position in shares of TWFG in the 4th quarter worth about $244,000. Quantbot Technologies LP lifted its position 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 acquiring an additional 1,981 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of TWFG by 56.4% in the fourth quarter. Sei Investments Co. now owns 13,157 shares of the company's stock valued at $405,000 after purchasing an additional 4,747 shares in the last quarter. LPL Financial LLC boosted its holdings in TWFG by 13.0% during the 4th quarter. LPL Financial LLC now owns 31,171 shares of the company's stock worth $960,000 after acquiring an additional 3,585 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in TWFG by 5.5% during the fourth quarter. Vanguard Group Inc. now owns 616,899 shares of the company's stock worth $19,000,000 after purchasing an additional 32,382 shares during the last quarter.

TWFG Stock Performance

NASDAQ:TWFG traded up $0.87 on Thursday, hitting $35.38. The company's stock had a trading volume of 68,976 shares, compared to its average volume of 143,576. The stock has a fifty day moving average of $34.13 and a two-hundred day moving average of $31.51. TWFG has a one year low of $21.31 and a one year high of $36.85. The firm has a market capitalization of $1.98 billion and a P/E ratio of 3.28. The company has a current ratio of 124.50, a quick ratio of 124.50 and a debt-to-equity ratio of 0.01.

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.