Geode Capital Management LLC acquired a new stake in shares of TWFG, Inc. (NASDAQ:TWFG - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 136,323 shares of the company's stock, valued at approximately $3,699,000. Geode Capital Management LLC owned 0.92% of TWFG at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Zimmer Partners LP purchased a new position in shares of TWFG in the third quarter worth about $4,109,000. Soros Fund Management LLC bought a new position in TWFG in the 3rd quarter worth approximately $2,712,000. Maven Securities LTD purchased a new position in TWFG in the 3rd quarter valued at approximately $280,000. Bamco Inc. NY bought a new stake in TWFG during the 3rd quarter valued at $19,764,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in TWFG during the 3rd quarter valued at $4,068,000.
Analyst Upgrades and Downgrades
TWFG has been the subject of several recent research reports. Royal Bank of Canada lifted their price target on TWFG from $30.00 to $38.00 and gave the company an "outperform" rating in a research report on Thursday, November 14th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $33.00 price target (up from $30.00) on shares of TWFG in a research report on Friday. Keefe, Bruyette & Woods increased their price target on shares of TWFG from $28.00 to $33.00 and gave the stock a "market perform" rating in a report on Wednesday, December 4th. DOWLING & PARTN raised shares of TWFG to a "hold" rating in a research note on Wednesday, September 11th. Finally, Piper Sandler increased their target price on shares of TWFG from $30.00 to $37.00 and gave the stock an "overweight" rating in a research note on Monday, November 11th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $31.86.
View Our Latest Analysis on TWFG
TWFG Trading Down 1.3 %
NASDAQ TWFG traded down $0.37 during trading hours on Tuesday, reaching $28.17. 161,135 shares of the stock traded hands, compared to its average volume of 128,809. The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average price of $31.78. TWFG, Inc. has a 1 year low of $21.31 and a 1 year high of $36.50.
TWFG Profile
(
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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