TWFG, Inc. (NASDAQ:TWFG) Given Consensus Recommendation of “Hold” by Brokerages

TWFG, Inc. (NASDAQ:TWFG) has been assigned an average rating of “Hold” from the nine research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $32.8571.

TWFG has been the subject of several analyst reports. Zacks Research lowered TWFG from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Royal Bank Of Canada assumed coverage on TWFG in a research note on Monday, November 24th. They issued an “outperform” rating and a $33.00 price target on the stock. JPMorgan Chase & Co. increased their price target on TWFG from $30.00 to $31.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. UBS Group cut their price objective on TWFG from $42.00 to $39.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Finally, Morgan Stanley boosted their price objective on shares of TWFG from $30.00 to $31.00 and gave the company an “equal weight” rating in a report on Monday, November 17th.

TWFG Trading Down 0.1%

Shares of TWFG stock opened at $25.85 on Monday. The company has a current ratio of 101.35, a quick ratio of 101.35 and a debt-to-equity ratio of 0.01. TWFG has a twelve month low of $23.52 and a twelve month high of $36.85. The company’s 50-day moving average price is $27.89 and its 200-day moving average price is $27.63. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 58.75 and a beta of 0.11.

TWFG (NASDAQ:TWFG) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. The firm had revenue of $64.12 million during the quarter, compared to analysts’ expectations of $64.15 million. TWFG had a net margin of 2.87% and a return on equity of 8.74%. As a group, equities analysts predict that TWFG will post 0.57 earnings per share for the current year.

Hedge Funds Weigh In On TWFG

Several large investors have recently made changes to their positions in TWFG. Ascent Group LLC boosted its position in shares of TWFG by 13.3% during the 4th quarter. Ascent Group LLC now owns 102,402 shares of the company’s stock worth $2,946,000 after purchasing an additional 12,000 shares during the period. Riverbridge Partners LLC lifted its stake in TWFG by 9.4% during the fourth quarter. Riverbridge Partners LLC now owns 593,744 shares of the company’s stock worth $17,082,000 after purchasing an additional 51,083 shares in the last quarter. Giverny Capital Inc. boosted its position in shares of TWFG by 68.9% during the third quarter. Giverny Capital Inc. now owns 300,317 shares of the company’s stock worth $8,241,000 after buying an additional 122,469 shares during the period. Woodline Partners LP purchased a new position in shares of TWFG during the third quarter worth $1,592,000. Finally, Alyeska Investment Group L.P. grew its stake in shares of TWFG by 2.0% in the third quarter. Alyeska Investment Group L.P. now owns 215,778 shares of the company’s stock valued at $5,921,000 after buying an additional 4,192 shares in the last quarter.

About TWFG

TWFG Insurance Services, Inc operates as a property and casualty insurance distribution company that provides personal and commercial insurance solutions through a hybrid model of company-owned branches and franchised offices. The firm offers a broad spectrum of insurance products, including auto, homeowners, renters, umbrella, flood and specialty lines coverage, tailored to meet the needs of individuals, families and businesses. By partnering with multiple insurance carriers, TWFG delivers competitive pricing and customized policy options designed to help clients manage risk and protect their assets.

Founded in 1980 and headquartered in Odessa, Texas, TWFG has expanded its network to serve customers across numerous U.S.