TWFG (NASDAQ:TWFG) Given New $34.00 Price Target at Morgan Stanley

TWFG (NASDAQ:TWFG) had its price target upped by Morgan Stanley from $29.00 to $34.00 in a report issued on Monday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the company. BMO Capital Markets increased their price target on TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. increased their price objective on shares of TWFG from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Keefe, Bruyette & Woods lowered their target price on TWFG from $33.00 to $32.00 and set a “market perform” rating for the company in a report on Wednesday, April 9th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.71.

TWFG Stock Up 0.3%

Shares of NASDAQ TWFG opened at $33.91 on Monday. TWFG has a 52-week low of $21.31 and a 52-week high of $36.50. The firm has a market capitalization of $1.90 billion and a price-to-earnings ratio of 3.15. The stock has a 50 day moving average price of $31.37 and a 200 day moving average price of $31.03. The company has a debt-to-equity ratio of 0.02, a quick ratio of 122.61 and a current ratio of 122.61.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TWFG. Venturi Wealth Management LLC acquired a new stake in TWFG in the fourth quarter valued at approximately $86,000. Tower Research Capital LLC TRC lifted its holdings in shares of TWFG by 273.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock valued at $100,000 after purchasing an additional 2,368 shares during the last quarter. State of Wyoming acquired a new stake in shares of TWFG in the 1st quarter worth $113,000. Quantbot Technologies LP grew its stake in TWFG by 57.8% during the 4th quarter. Quantbot Technologies LP now owns 5,407 shares of the company’s stock worth $167,000 after buying an additional 1,981 shares during the last quarter. Finally, Janus Henderson Group PLC acquired a new position in TWFG during the 4th quarter valued at about $211,000.

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.