UBS Group Forecasts Strong Price Appreciation for TWFG (NASDAQ:TWFG) Stock

TWFG (NASDAQ:TWFG - Free Report) had its price target lifted by UBS Group from $40.00 to $42.00 in a report published on Wednesday,Benzinga reports. UBS Group currently has a buy rating on the stock.

TWFG has been the subject of a number of other research reports. JPMorgan Chase & Co. lifted their target price on shares of TWFG from $33.00 to $34.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Morgan Stanley lifted their target price on shares of TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a research report on Monday, May 19th. Finally, Keefe, Bruyette & Woods cut their target price 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. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $35.57.

TWFG Stock Down 0.4%

Shares of TWFG traded down $0.13 on Wednesday, hitting $33.74. 51,168 shares of the stock traded hands, compared to its average volume of 142,474. The company has a debt-to-equity ratio of 0.01, a quick ratio of 124.50 and a current ratio of 124.50. TWFG has a one year low of $21.31 and a one year high of $36.85. The company has a market capitalization of $1.89 billion and a PE ratio of 3.13. The business has a 50 day simple moving average of $34.46 and a 200 day simple moving average of $31.71.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. T. Rowe Price Investment Management Inc. lifted its stake in shares of 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 valued at $61,470,000 after buying an additional 434,997 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of TWFG by 15.7% during the 1st quarter. Alliancebernstein L.P. now owns 1,170,377 shares of the company's stock valued at $36,176,000 after buying an additional 159,155 shares in the last quarter. Capital International Investors lifted its stake in TWFG by 30.8% in the 4th quarter. Capital International Investors now owns 878,807 shares of the company's stock worth $27,067,000 after purchasing an additional 206,969 shares in the last quarter. Bamco Inc. NY lifted its stake in TWFG by 19.6% in the 4th quarter. Bamco Inc. NY now owns 871,661 shares of the company's stock worth $26,847,000 after purchasing an additional 142,913 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in TWFG by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 621,151 shares of the company's stock worth $19,200,000 after purchasing an additional 4,252 shares in the last quarter.

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.