Natixis Advisors LLC boosted its stake in The Baldwin Insurance Group, Inc. (NASDAQ:BRP – Free Report) by 4.4% during the third quarter, Holdings Channel.com reports. The firm owned 30,264 shares of the company’s stock after buying an additional 1,281 shares during the period. Natixis Advisors LLC’s holdings in The Baldwin Insurance Group were worth $988,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its holdings in shares of The Baldwin Insurance Group by 31.6% during the second quarter. First Horizon Advisors Inc. now owns 1,415 shares of the company’s stock worth $50,000 after purchasing an additional 340 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in The Baldwin Insurance Group by 1.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 31,034 shares of the company’s stock worth $1,101,000 after buying an additional 361 shares during the period. Verdence Capital Advisors LLC grew its position in shares of The Baldwin Insurance Group by 5.6% in the 3rd quarter. Verdence Capital Advisors LLC now owns 7,530 shares of the company’s stock worth $246,000 after buying an additional 401 shares during the last quarter. Moody National Bank Trust Division increased its stake in shares of The Baldwin Insurance Group by 6.3% during the second quarter. Moody National Bank Trust Division now owns 7,420 shares of the company’s stock valued at $263,000 after buying an additional 440 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of The Baldwin Insurance Group by 5.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,292 shares of the company’s stock valued at $542,000 after buying an additional 854 shares during the period. Institutional investors own 70.42% of the company’s stock.
The Baldwin Insurance Group Stock Performance
Shares of BRP stock opened at $49.34 on Wednesday. The firm has a market capitalization of $5.80 billion, a price-to-earnings ratio of -52.79, a PEG ratio of 0.91 and a beta of 1.54. The stock has a fifty day moving average of $48.78 and a 200 day moving average of $42.19. The Baldwin Insurance Group, Inc. has a 52 week low of $17.33 and a 52 week high of $33.03. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21.
The Baldwin Insurance Group Company 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.
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