TWFG, Inc. (NASDAQ:TWFG) Given Consensus Rating of "Moderate Buy" by Brokerages

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $33.00.

TWFG has been the subject of several research analyst reports. Keefe, Bruyette & Woods reduced their price target 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. Morgan Stanley lowered their price target on TWFG from $31.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, March 25th. Finally, BMO Capital Markets boosted their target price on TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th.

TWFG Trading Up 1.4%

Shares of TWFG stock traded up $0.48 on Wednesday, hitting $34.28. 8,057 shares of the company traded hands, compared to its average volume of 149,598. The company has a market cap of $1.92 billion and a PE ratio of 3.18. 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 has a 52 week low of $21.31 and a 52 week high of $36.50. The stock's 50 day moving average price is $31.29 and its 200-day moving average price is $31.01.

Institutional Investors Weigh In On TWFG

Institutional investors have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd acquired a new position in shares of TWFG in the fourth quarter worth $244,000. ExodusPoint Capital Management LP lifted its holdings in TWFG by 199.0% in the fourth quarter. ExodusPoint Capital Management LP now owns 99,122 shares of the company's stock worth $3,053,000 after purchasing an additional 65,968 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of TWFG during the 4th quarter valued at $410,000. Vanguard Group Inc. grew its position in TWFG by 5.5% in the fourth 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 during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of TWFG by 36.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,553,674 shares of the company's stock valued at $47,854,000 after acquiring an additional 415,159 shares during the period.

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.