Shares of TWFG, Inc. (NASDAQ:TWFG - Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $36.67 and last traded at $34.74, with a volume of 6308 shares trading hands. The stock had previously closed at $35.09.
Wall Street Analyst Weigh In
TWFG has been the topic of a number of recent research reports. BMO Capital Markets upped their price target on shares of TWFG from $30.00 to $32.00 and gave the company an "outperform" rating in a research note on Tuesday, March 4th. JPMorgan Chase & Co. upped their price target on shares of TWFG from $33.00 to $34.00 and gave the company a "neutral" rating in a research note on Monday, May 19th. Keefe, Bruyette & Woods dropped their price target on shares of TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 9th. Finally, Morgan Stanley upped their price target on shares of TWFG from $29.00 to $34.00 and gave the company an "equal weight" rating in a research note on Monday, May 19th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $33.71.
Read Our Latest Report on TWFG
TWFG Stock Up 0.7%
The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61. The firm has a market capitalization of $1.97 billion and a PE ratio of 3.26. The company's 50 day simple moving average is $32.26 and its 200-day simple moving average is $31.19.
Institutional Trading of TWFG
A number of hedge funds have recently made changes to their positions in TWFG. Venturi Wealth Management LLC bought a new stake in shares of TWFG during the 4th quarter worth $86,000. Tower Research Capital LLC TRC lifted its holdings in shares of 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 shares of TWFG during the 1st quarter worth $113,000. Quantbot Technologies LP lifted its holdings 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 acquiring an additional 1,981 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new stake in shares of TWFG during the 4th quarter worth $211,000.
TWFG Company Profile
(
Get Free Report)
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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