Norges Bank purchased a new stake in shares of TWFG, Inc. (NASDAQ:TWFG – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,631 shares of the company’s stock, valued at approximately $297,000.
Norges Bank owned about 0.07% of TWFG as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.
JPMorgan Chase & Co. bought a new position in shares of TWFG in the fourth quarter valued at approximately $410,000. Vanguard Group Inc.
increased its holdings in TWFG by 5.5% during the 4th quarter. Vanguard Group Inc.
now owns 616,899 shares of the company’s stock valued at $19,000,000 after purchasing an additional 32,382 shares in the last quarter. LPL Financial LLC raised its position in TWFG by 13.0% in the 4th quarter.
LPL Financial LLC now owns 31,171 shares of the company’s stock valued at $960,000 after purchasing an additional 3,585 shares during the last quarter. Sei Investments Co. boosted its stake in TWFG by 56.
4% in the fourth quarter. Sei Investments Co. now owns 13,157 shares of the company’s stock worth $405,000 after purchasing an additional 4,747 shares in the last quarter.
Finally, Quantbot Technologies LP grew its holdings in shares of TWFG by 57.8% during the fourth quarter. Quantbot Technologies LP now owns 5,407 shares of the company’s stock worth $167,000 after purchasing an additional 1,981 shares during the last quarter.
TWFG Stock Up 5.9 %Shares of TWFG stock opened at $31.25 on Friday.
The stock has a 50-day moving average of $30.24 and a 200-day moving average of $30.44.
The company has a quick ratio of 122.61, a current ratio of 122.61 and a debt-to-equity ratio of 0.
02. TWFG, Inc. has a one year low of $21.
31 and a one year high of $36.50. Wall Street Analyst Weigh InA number of research analysts recently issued reports on TWFG shares.
Morgan Stanley cut their price target on TWFG from $31.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, March 25th.
Keefe, Bruyette & Woods dropped their target price on shares of TWFG from $33.00 to $32.00 and set a “market perform” rating for the company in a research note on Wednesday.
JPMorgan Chase & Co. reissued a “neutral” rating and issued a $33.00 price target (up previously from $30.
00) on shares of TWFG in a report on Friday, January 3rd. Finally, BMO Capital Markets increased their price objective on TWFG from $30.00 to $32.
00 and gave the company an “outperform” rating in a research report on Tuesday, March 4th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, TWFG has a consensus rating of “Moderate Buy” and an average price target of $33.
00.Read Our Latest Report on TWFGTWFG Company 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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Business
Norges Bank Invests $297,000 in TWFG, Inc. (NASDAQ:TWFG)

Norges Bank purchased a new stake in shares of TWFG, Inc. (NASDAQ:TWFG – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,631 shares of the company’s stock, valued at approximately $297,000. Norges Bank owned about 0.07% of TWFG as of [...]