Janus Henderson Group PLC Invests $211,000 in TWFG, Inc. (NASDAQ:TWFG)

Janus Henderson Group PLC purchased a new stake in shares of TWFG, Inc. (NASDAQ:TWFG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,866 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Venturi Wealth Management LLC acquired a new stake in shares of TWFG during the fourth quarter worth $86,000. Tower Research Capital LLC TRC raised its stake in TWFG by 273.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,233 shares of the company’s stock worth $100,000 after acquiring an additional 2,368 shares during the period. Quantbot Technologies LP raised its stake in 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 acquiring an additional 1,981 shares during the period. Y Intercept Hong Kong Ltd bought a new position in TWFG in the fourth quarter worth about $244,000. Finally, D. E. Shaw & Co. Inc. acquired a new position in TWFG in the fourth quarter valued at approximately $282,000.

TWFG Stock Up 0.6%

TWFG stock opened at $35.15 on Monday. TWFG, Inc. has a 52 week low of $21.31 and a 52 week high of $36.50. The stock has a market cap of $1.97 billion and a price-to-earnings ratio of 3.26. The company’s 50-day moving average price is $31.81 and its two-hundred day moving average price is $31.09. The company has a current ratio of 122.61, a quick ratio of 122.61 and a debt-to-equity ratio of 0.02.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Morgan Stanley raised their price target on TWFG from $29.00 to $34.00 and gave the stock an “equal weight” rating in a report on Monday, May 19th. Keefe, Bruyette & Woods cut their target price on TWFG from $33.00 to $32.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 9th. BMO Capital Markets upped their price target on shares of TWFG from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. increased their price objective on shares of TWFG from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Monday, May 19th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, TWFG has an average rating of “Moderate Buy” and a consensus price target of $33.71.

TWFG 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.