TWFG (NASDAQ:TWFG) Price Target Raised to $42.00 at UBS Group

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

A number of other equities analysts have also weighed in on TWFG. JPMorgan Chase & Co. increased 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. Keefe, Bruyette & Woods lowered their price objective on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating for the company in a report on Wednesday, April 9th. Finally, Morgan Stanley boosted their price objective on shares of TWFG from $29.00 to $34.00 and gave the company an "equal weight" rating in a research report on Monday, May 19th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, TWFG has a consensus rating of "Moderate Buy" and an average target price of $35.57.

TWFG Stock Down 1.3%

Shares of TWFG stock traded down $0.45 on Wednesday, hitting $33.86. The stock had a trading volume of 48,197 shares, compared to its average volume of 142,823. The business has a 50 day moving average of $34.41 and a 200 day moving average of $31.69. The stock has a market cap of $1.90 billion and a price-to-earnings ratio of 3.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 124.50 and a quick ratio of 124.50. TWFG has a 12-month low of $21.31 and a 12-month high of $36.85.

Institutional Investors Weigh In On TWFG

Institutional investors have recently added to or reduced their stakes in the stock. PDT Partners LLC lifted its position in TWFG by 4.3% in the first quarter. PDT Partners LLC now owns 16,887 shares of the company's stock worth $522,000 after buying an additional 692 shares during the last quarter. Quantbot Technologies LP raised its stake in shares of TWFG by 57.8% during the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company's stock worth $167,000 after buying an additional 1,981 shares during the period. Tower Research Capital LLC TRC raised its holdings in TWFG by 273.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company's stock valued at $100,000 after acquiring an additional 2,368 shares during the last quarter. LPL Financial LLC grew its holdings in TWFG by 13.0% in the 4th quarter. LPL Financial LLC now owns 31,171 shares of the company's stock valued at $960,000 after buying an additional 3,585 shares in the last quarter. Finally, State of Wyoming acquired a new position in TWFG during the 1st quarter worth about $113,000.

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.