Brokerages Set TWFG, Inc. (NASDAQ:TWFG) Price Target at $33.00

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

Several research analysts have recently issued reports on the company. BMO Capital Markets upped their price objective on TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 4th. Morgan Stanley reduced their target price 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, Keefe, Bruyette & Woods dropped their price target on TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 9th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. lifted its position in TWFG by 28.0% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company's stock worth $61,470,000 after acquiring an additional 434,997 shares during the period. Alliancebernstein L.P. lifted its position in TWFG by 15.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,170,377 shares of the company's stock worth $36,176,000 after acquiring an additional 159,155 shares during the period. Capital International Investors lifted its position in TWFG by 30.8% during the 4th quarter. Capital International Investors now owns 878,807 shares of the company's stock worth $27,067,000 after acquiring an additional 206,969 shares during the period. Bamco Inc. NY lifted its position in TWFG by 19.6% during the 4th quarter. Bamco Inc. NY now owns 871,661 shares of the company's stock worth $26,847,000 after acquiring an additional 142,913 shares during the period. Finally, Vanguard Group Inc. lifted its position in TWFG by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 621,151 shares of the company's stock worth $19,200,000 after acquiring an additional 4,252 shares during the period.

TWFG Stock Performance

Shares of NASDAQ:TWFG traded down $0.19 on Wednesday, hitting $33.80. 115,173 shares of the company's stock were exchanged, compared to its average volume of 150,263. The firm's 50-day moving average is $31.29 and its 200 day moving average is $31.03. TWFG has a 1-year low of $21.31 and a 1-year high of $36.50. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

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.