Dimensional Fund Advisors LP Has $38.39 Million Stake in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Dimensional Fund Advisors LP raised its position in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,082,243 shares of the company’s stock after acquiring an additional 72,563 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.92% of The Baldwin Insurance Group worth $38,386,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in The Baldwin Insurance Group by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 6,107,277 shares of the company’s stock worth $146,697,000 after purchasing an additional 111,662 shares during the period. William Blair Investment Management LLC lifted its position in shares of The Baldwin Insurance Group by 5.4% in the second quarter. William Blair Investment Management LLC now owns 3,083,281 shares of the company’s stock valued at $109,364,000 after buying an additional 157,631 shares during the last quarter. Westwood Holdings Group Inc. boosted its stake in shares of The Baldwin Insurance Group by 73.0% during the 4th quarter. Westwood Holdings Group Inc. now owns 3,015,270 shares of the company’s stock worth $72,427,000 after acquiring an additional 1,272,353 shares during the period. Emerald Mutual Fund Advisers Trust increased its holdings in shares of The Baldwin Insurance Group by 0.5% during the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 735,417 shares of the company’s stock worth $26,085,000 after acquiring an additional 3,304 shares during the last quarter. Finally, Tributary Capital Management LLC raised its stake in The Baldwin Insurance Group by 0.3% in the 2nd quarter. Tributary Capital Management LLC now owns 474,977 shares of the company’s stock valued at $16,847,000 after acquiring an additional 1,394 shares during the period. Institutional investors and hedge funds own 70.42% of the company’s stock.

The Baldwin Insurance Group Trading Down 0.8 %

Shares of The Baldwin Insurance Group stock opened at $49.80 on Tuesday. The Baldwin Insurance Group, Inc. has a 1 year low of $17.33 and a 1 year high of $33.03. The company has a market capitalization of $5.85 billion, a price-to-earnings ratio of -54.13, a P/E/G ratio of 0.91 and a beta of 1.54. The business has a fifty day simple moving average of $45.05 and a two-hundred day simple moving average of $36.50. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.90.

About The Baldwin Insurance Group

BRP Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families.