11,049 Shares in TWFG, Inc. (NASDAQ:TWFG) Bought by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. purchased a new position in shares of TWFG, Inc. (NASDAQ:TWFG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,049 shares of the company’s stock, valued at approximately $310,000. Symphony Financial Ltd. Co. owned 0.08% of TWFG at the end of the most recent quarter.

Separately, Seven Grand Managers LLC acquired a new position in TWFG in the 3rd quarter worth $814,000.

TWFG Stock Performance

NASDAQ TWFG opened at $30.05 on Wednesday. The stock has a 50-day moving average price of $27.72. The company has a quick ratio of 33.75, a current ratio of 33.76 and a debt-to-equity ratio of 0.68. TWFG, Inc. has a 52 week low of $21.31 and a 52 week high of $32.06.

TWFG (NASDAQ:TWFG) last posted its quarterly earnings data on Tuesday, August 27th. The company reported $14.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.74 by $11.15. The company had revenue of $53.27 million during the quarter, compared to the consensus estimate of $51.86 million. Equities research analysts expect that TWFG, Inc. will post 0.49 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Morgan Stanley initiated coverage on shares of TWFG in a report on Monday, August 12th. They issued an “equal weight” rating and a $23.00 price objective on the stock. Royal Bank of Canada upped their target price on shares of TWFG from $29.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, August 29th. UBS Group started coverage on shares of TWFG in a research note on Monday, August 12th. They set a “buy” rating and a $29.00 price objective on the stock. Keefe, Bruyette & Woods increased their price objective on shares of TWFG from $27.00 to $28.00 and gave the stock a “market perform” rating in a research note on Wednesday, September 4th. Finally, Piper Sandler started coverage on shares of TWFG in a research note on Monday, August 12th. They set an “overweight” rating and a $27.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.86.

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.