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

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has been given an average rating of "Moderate Buy" by the eight research firms that are covering the stock, 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 objective among analysts that have issued a report on the stock in the last year is $34.5714.

A number of research firms have weighed in on TWFG. UBS Group lifted their price objective on TWFG from $40.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Morgan Stanley decreased their price objective on TWFG from $35.00 to $32.00 and set an "equal weight" rating on the stock in a report on Monday, August 18th. 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. Finally, JPMorgan Chase & Co. boosted their target price on TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a report on Monday, May 19th.

TWFG Price Performance

NASDAQ TWFG traded up $0.54 during trading on Friday, reaching $27.97. 91,518 shares of the company traded hands, compared to its average volume of 172,981. 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 stock's 50 day moving average price is $31.41 and its two-hundred day moving average price is $31.80. The company has a market cap of $1.57 billion and a price-to-earnings ratio of 68.22. TWFG has a 1-year low of $24.29 and a 1-year high of $36.85.

Institutional Investors Weigh In On TWFG

A number of large investors have recently bought and sold shares of TWFG. Tower Research Capital LLC TRC grew its position in TWFG by 273.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock worth $100,000 after acquiring an additional 2,368 shares during the last quarter. State of Wyoming bought a new stake in TWFG during the 1st quarter worth approximately $113,000. Quantbot Technologies LP grew its position in TWFG by 52.5% during the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company's stock worth $142,000 after acquiring an additional 1,395 shares during the last quarter. State of Tennessee Department of Treasury bought a new stake in TWFG during the 2nd quarter worth approximately $155,000. Finally, Janus Henderson Group PLC bought a new stake in TWFG during the 4th quarter worth approximately $211,000.

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.