4,414 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) Acquired by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC acquired a new stake in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 4,414 shares of the company’s stock, valued at approximately $144,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BRP. Vanguard Group Inc. lifted its position in The Baldwin Insurance Group by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 6,107,277 shares of the company’s stock valued at $146,697,000 after purchasing an additional 111,662 shares during the last quarter. Cornerstone Wealth Group LLC bought a new stake in The Baldwin Insurance Group in the first quarter valued at approximately $489,000. Diversified Trust Co lifted its position in The Baldwin Insurance Group by 42.0% in the first quarter. Diversified Trust Co now owns 34,000 shares of the company’s stock valued at $984,000 after purchasing an additional 10,050 shares during the last quarter. Tributary Capital Management LLC lifted its position in The Baldwin Insurance Group by 0.9% in the first quarter. Tributary Capital Management LLC now owns 473,583 shares of the company’s stock valued at $13,705,000 after purchasing an additional 4,278 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new stake in The Baldwin Insurance Group in the first quarter valued at approximately $1,298,000. Institutional investors own 70.42% of the company’s stock.

The Baldwin Insurance Group Price Performance

BRP opened at $53.40 on Wednesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90. The Baldwin Insurance Group, Inc. has a 52-week low of $17.33 and a 52-week high of $33.03. The stock has a market capitalization of $6.28 billion, a PE ratio of -58.04, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The stock’s 50 day moving average price is $47.82 and its 200-day moving average price is $38.83.

The Baldwin Insurance Group Profile

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.