571,058 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC acquired a new stake in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 571,058 shares of the company's stock, valued at approximately $22,133,000. Janus Henderson Group PLC owned approximately 0.49% of The Baldwin Insurance Group at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. FMR LLC bought a new position in The Baldwin Insurance Group in the 4th quarter worth approximately $325,535,000. Vanguard Group Inc. bought a new position in The Baldwin Insurance Group in the 4th quarter valued at $255,331,000. William Blair Investment Management LLC acquired a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at $190,218,000. Bamco Inc. NY bought a new stake in shares of The Baldwin Insurance Group during the fourth quarter worth $116,668,000. Finally, Capital International Investors bought a new stake in shares of The Baldwin Insurance Group during the fourth quarter worth $99,040,000. 77.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

BWIN has been the subject of a number of research reports. Wells Fargo & Company lifted their price objective on The Baldwin Insurance Group from $33.00 to $34.00 and gave the stock an "underweight" rating in a research report on Thursday, April 10th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $45.00 price target (up previously from $39.00) on shares of The Baldwin Insurance Group in a research report on Tuesday, April 8th. Jefferies Financial Group boosted their price target on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research note on Friday, April 11th. Finally, BMO Capital Markets started coverage on shares of The Baldwin Insurance Group in a report on Thursday, March 27th. They issued an "outperform" rating and a $53.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $45.29.

The Baldwin Insurance Group Trading Down 1.5%

Shares of The Baldwin Insurance Group stock traded down $0.57 during trading on Wednesday, hitting $38.07. 40,636 shares of the company were exchanged, compared to its average volume of 557,484. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $4.51 billion, a P/E ratio of -59.30, a price-to-earnings-growth ratio of 1.17 and a beta of 1.77. The firm's fifty day moving average price is $41.88 and its 200 day moving average price is $41.82. The Baldwin Insurance Group, Inc. has a 1-year low of $31.47 and a 1-year high of $55.82.

Insider Activity at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, CEO Trevor Baldwin sold 68,740 shares of The Baldwin Insurance Group stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $40.60, for a total transaction of $2,790,844.00. Following the transaction, the chief executive officer now directly owns 80,663 shares in the company, valued at approximately $3,274,917.80. The trade was a 46.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider James Morgan Roche sold 21,035 shares of the business's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $40.05, for a total value of $842,451.75. Following the completion of the transaction, the insider now directly owns 117,962 shares of the company's stock, valued at approximately $4,724,378.10. The trade was a 15.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 246,505 shares of company stock worth $9,856,503 in the last ninety days. Company insiders own 20.14% of the company's stock.

The Baldwin Insurance Group Company Profile

The Baldwin Insurance 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.