Aristotle Capital Boston LLC Acquires Shares of 521,256 The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Aristotle Capital Boston LLC bought a new stake in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 521,256 shares of the company's stock, valued at approximately $20,204,000. Aristotle Capital Boston LLC owned approximately 0.44% of The Baldwin Insurance Group at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. FMR LLC purchased a new position in The Baldwin Insurance Group in the fourth quarter valued at about $325,535,000. Vanguard Group Inc. purchased a new position in shares of The Baldwin Insurance Group in the 4th quarter worth approximately $255,331,000. William Blair Investment Management LLC purchased a new position in shares of The Baldwin Insurance Group in the 4th quarter worth approximately $190,218,000. Capital International Investors bought a new position in shares of The Baldwin Insurance Group during the 4th quarter worth approximately $99,040,000. Finally, Capital Research Global Investors acquired a new stake in The Baldwin Insurance Group in the fourth quarter valued at approximately $87,572,000. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other The Baldwin Insurance Group news, CEO Trevor Baldwin sold 68,740 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $40.60, for a total value of $2,790,844.00. Following the sale, the chief executive officer now owns 80,663 shares in the company, valued at approximately $3,274,917.80. This represents a 46.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Lowry Baldwin sold 34,901 shares of The Baldwin Insurance Group stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $40.22, for a total transaction of $1,403,718.22. Following the transaction, the director now directly owns 90,099 shares of the company's stock, valued at approximately $3,623,781.78. This trade represents a 27.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 131,836 shares of company stock valued at $5,330,639. Company insiders own 20.14% of the company's stock.

The Baldwin Insurance Group Stock Performance

Shares of NASDAQ:BWIN traded up $0.52 during midday trading on Thursday, reaching $39.71. The company's stock had a trading volume of 303,612 shares, compared to its average volume of 580,549. The firm has a market capitalization of $4.67 billion, a PE ratio of -62.05, a P/E/G ratio of 1.17 and a beta of 1.77. The stock has a fifty day moving average of $41.98 and a 200 day moving average of $42.55. The Baldwin Insurance Group, Inc. has a twelve month low of $29.19 and a twelve month high of $55.82. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BWIN shares. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $45.00 price objective (up previously from $39.00) on shares of The Baldwin Insurance Group in a report on Tuesday, April 8th. Wells Fargo & Company boosted their price target on The Baldwin Insurance Group from $33.00 to $34.00 and gave the stock an "underweight" rating in a research note on Thursday, April 10th. Jefferies Financial Group increased their price objective on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a "hold" rating in a research report on Friday, April 11th. Keefe, Bruyette & Woods dropped their target price on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating on the stock in a research report on Friday, January 10th. Finally, BMO Capital Markets assumed 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 target for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $45.29.

About The Baldwin Insurance Group

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.