TWFG, Inc. (NASDAQ:TWFG - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 159,802 shares changed hands during mid-day trading, an increase of 79% from the previous session's volume of 89,499 shares.The stock last traded at $27.47 and had previously closed at $27.19.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. UBS Group increased their price target on shares of TWFG from $40.00 to $42.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Morgan Stanley upped their price objective on shares of TWFG from $29.00 to $34.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Finally, JPMorgan Chase & Co. increased their price objective on TWFG from $33.00 to $34.00 and gave the company a "neutral" rating in a research report on Monday, May 19th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, TWFG presently has an average rating of "Moderate Buy" and an average price target of $35.57.
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TWFG Price Performance
The company has a market cap of $1.47 billion and a price-to-earnings ratio of 2.43. The company's fifty day moving average price is $33.42 and its two-hundred day moving average price is $31.99. The company has a quick ratio of 124.50, a current ratio of 124.50 and a debt-to-equity ratio of 0.01.
Institutional Trading of TWFG
Institutional investors and hedge funds have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. raised its stake in TWFG by 28.0% in 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 purchasing an additional 434,997 shares in the last quarter. Alliancebernstein L.P. boosted its holdings 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 acquiring an additional 159,155 shares in the last quarter. Capital International Investors grew its stake in shares of TWFG by 30.8% in the fourth 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 during the last quarter. Bamco Inc. NY raised 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 purchasing an additional 142,913 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings 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 buying an additional 4,252 shares during the period.
TWFG Company Profile
(
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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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