TWFG, Inc. (NASDAQ:TWFG) Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its stake in TWFG, Inc. (NASDAQ:TWFG - Free Report) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 616,899 shares of the company's stock after purchasing an additional 32,382 shares during the quarter. Vanguard Group Inc. owned about 4.16% of TWFG worth $19,000,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TWFG. Lord Abbett & CO. LLC purchased a new position in shares of TWFG during the 3rd quarter worth about $8,122,000. Geode Capital Management LLC bought a new stake in TWFG in the third quarter worth about $3,699,000. Franklin Resources Inc. purchased a new stake in shares of TWFG in the third quarter worth approximately $293,000. Y Intercept Hong Kong Ltd bought a new stake in shares of TWFG during the 4th quarter worth approximately $244,000. Finally, Alberta Investment Management Corp lifted its stake in shares of TWFG by 4.4% during the 4th quarter. Alberta Investment Management Corp now owns 124,462 shares of the company's stock worth $3,833,000 after acquiring an additional 5,215 shares during the last quarter.

Analyst Ratings Changes

TWFG has been the topic of a number of research analyst reports. BMO Capital Markets upped their price target on shares of TWFG from $30.00 to $32.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th. Keefe, Bruyette & Woods reduced their price objective on TWFG from $33.00 to $32.00 and set a "market perform" rating on the stock in a report on Wednesday, April 9th. Morgan Stanley lowered their target price on TWFG from $31.00 to $30.00 and set an "equal weight" rating for the company in a report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $33.00 price objective (up from $30.00) on shares of TWFG in a report on Friday, January 3rd. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $33.00.

TWFG Stock Performance

Shares of TWFG stock traded up $1.34 during trading hours on Tuesday, reaching $33.32. 39,009 shares of the company's stock were exchanged, compared to its average volume of 155,432. TWFG, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $36.50. The stock's 50 day moving average is $30.54 and its 200-day moving average is $30.71. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61.

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.