TWFG, Inc. (NASDAQ:TWFG) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• TWFG, Inc. has received an average rating of "Moderate Buy" from eight brokerages, with half assigning a buy rating and the other half a hold rating.
• The average 1-year price target set by analysts for TWFG is $34.57, with significant adjustments reported from firms such as Piper Sandler and UBS Group.
• Recent institutional investments included a 42% increase in stakes by the State of Wyoming and considerable acquisitions by booths like BNP Paribas and Boothbay Fund Management.

Shares of TWFG, Inc. (NASDAQ:TWFG - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eight research firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $34.5714.

TWFG has been the topic of a number of research reports. Piper Sandler decreased their price objective on TWFG from $38.00 to $32.00 and set an "overweight" rating on the stock in a report on Thursday, August 14th. Morgan Stanley lowered their price objective on shares of TWFG from $35.00 to $32.00 and set an "equal weight" rating for the company in a research report on Monday. UBS Group increased their target price on shares of TWFG from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. Finally, JPMorgan Chase & Co. raised their price objective on TWFG from $33.00 to $34.00 and gave the company a "neutral" rating in a report on Monday, May 19th.

Institutional Investors Weigh In On TWFG

Several institutional investors and hedge funds have recently made changes to their positions in the stock. State of Wyoming lifted its stake in shares of TWFG by 42.0% in the 2nd quarter. State of Wyoming now owns 5,188 shares of the company's stock valued at $182,000 after purchasing an additional 1,535 shares during the period. State of Tennessee Department of Treasury acquired a new stake in TWFG in the 2nd quarter valued at $155,000. Man Group plc bought a new stake in shares of TWFG during the second quarter worth about $223,000. BNP Paribas Financial Markets raised its stake in shares of TWFG by 145.2% in the second quarter. BNP Paribas Financial Markets now owns 18,353 shares of the company's stock worth $642,000 after purchasing an additional 10,869 shares during the last quarter. Finally, Boothbay Fund Management LLC raised its position in TWFG by 225.5% in the 2nd quarter. Boothbay Fund Management LLC now owns 41,334 shares of the company's stock valued at $1,447,000 after buying an additional 28,634 shares during the last quarter.

TWFG Stock Performance

Shares of TWFG stock opened at $28.25 on Friday. TWFG has a 52 week low of $24.29 and a 52 week high of $36.85. The company has a 50-day simple moving average of $31.93 and a 200 day simple moving average of $31.87. The company has a debt-to-equity ratio of 0.01, a quick ratio of 105.86 and a current ratio of 105.86. The company has a market capitalization of $1.58 billion and a price-to-earnings ratio of 68.90.

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.

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