Capital International Investors Has $27.07 Million Holdings in TWFG, Inc. (NASDAQ:TWFG)

Capital International Investors lifted its holdings in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) by 30.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 878,807 shares of the company's stock after acquiring an additional 206,969 shares during the period. Capital International Investors owned approximately 5.93% of TWFG worth $27,067,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Marshall Wace LLP lifted its holdings in TWFG by 56.8% during the 4th quarter. Marshall Wace LLP now owns 152,388 shares of the company's stock valued at $4,694,000 after purchasing an additional 55,213 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of TWFG in the 4th quarter valued at $3,274,000. ExodusPoint Capital Management LP boosted its holdings in TWFG by 199.0% during the fourth quarter. ExodusPoint Capital Management LP now owns 99,122 shares of the company's stock worth $3,053,000 after buying an additional 65,968 shares during the last quarter. Alliancebernstein L.P. boosted its stake in TWFG by 7.6% during the 4th quarter. Alliancebernstein L.P. now owns 1,011,222 shares of the company's stock worth $31,146,000 after acquiring an additional 71,106 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of TWFG in the 4th quarter valued at $297,000.

TWFG Stock Down 2.2 %

NASDAQ:TWFG traded down $0.72 during mid-day trading on Thursday, hitting $32.65. 192,720 shares of the stock were exchanged, compared to its average volume of 155,267. 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's 50-day simple moving average is $30.60 and its 200 day simple moving average is $30.73. TWFG, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $36.50.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TWFG shares. BMO Capital Markets boosted their price objective on TWFG from $30.00 to $32.00 and gave the company an "outperform" rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $33.00 price target (up from $30.00) on shares of TWFG in a research report on Friday, January 3rd. Morgan Stanley decreased their price objective on shares of TWFG from $31.00 to $30.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 25th. Finally, Keefe, Bruyette & Woods decreased their target price on TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a report on Wednesday, April 9th. Four 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, the company currently has an average rating of "Moderate Buy" and an average target price of $33.00.

About TWFG

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.