TWFG, Inc. (NASDAQ:TWFG) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP raised its holdings in shares of TWFG, Inc. (NASDAQ:TWFG) by 57.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,407 shares of the company’s stock after acquiring an additional 1,981 shares during the quarter. Quantbot Technologies LP’s holdings in TWFG were worth $167,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC purchased a new position in TWFG during the fourth quarter worth $86,000. Alberta Investment Management Corp raised its stake in TWFG by 4.4% in the 4th quarter. Alberta Investment Management Corp now owns 124,462 shares of the company’s stock valued at $3,833,000 after purchasing an additional 5,215 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in TWFG in the 4th quarter valued at about $244,000. Franklin Resources Inc. acquired a new stake in shares of TWFG during the 3rd quarter worth about $293,000. Finally, Maven Securities LTD purchased a new stake in shares of TWFG during the third quarter worth about $280,000.

TWFG Stock Up 0.0 %

Shares of NASDAQ:TWFG opened at $30.50 on Monday. TWFG, Inc. has a one year low of $21.31 and a one year high of $36.50. The business’s 50-day simple moving average is $30.22 and its 200 day simple moving average is $30.28. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Morgan Stanley reduced their price target on TWFG from $31.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 25th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $33.00 target price (up from $30.00) on shares of TWFG in a research report on Friday, January 3rd. BMO Capital Markets boosted their price objective 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. Finally, Keefe, Bruyette & Woods increased their target price on TWFG from $28.00 to $33.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $33.14.

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.