Barclays PLC Makes New $4.64 Million Investment in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Barclays PLC bought a new stake in 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 119,682 shares of the company's stock, valued at approximately $4,639,000. Barclays PLC owned about 0.10% of The Baldwin Insurance Group at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC bought a new position in The Baldwin Insurance Group in the fourth quarter valued at approximately $5,115,000. Emerald Advisers LLC bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at about $33,608,000. JPMorgan Chase & Co. raised its position in shares of The Baldwin Insurance Group by 1,946.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,235,868 shares of the company's stock valued at $61,546,000 after acquiring an additional 1,175,484 shares during the period. Diversified Trust Co bought a new position in The Baldwin Insurance Group during the 4th quarter worth approximately $788,000. Finally, Principal Financial Group Inc. acquired a new position in The Baldwin Insurance Group during the fourth quarter valued at approximately $2,320,000. Institutional investors and hedge funds own 77.49% of the company's stock.

The Baldwin Insurance Group Stock Down 1.1 %

Shares of The Baldwin Insurance Group stock traded down $0.47 during trading on Wednesday, reaching $41.62. The stock had a trading volume of 385,443 shares, compared to its average volume of 557,555. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $4.89 billion, a price-to-earnings ratio of -65.03, a P/E/G ratio of 1.17 and a beta of 1.52. The stock has a fifty day moving average price of $41.88 and a two-hundred day moving average price of $43.00. The Baldwin Insurance Group, Inc. has a 52 week low of $31.47 and a 52 week high of $55.82.

Insider Activity at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, CEO Trevor Baldwin sold 15,902 shares of The Baldwin Insurance Group stock in a transaction on Friday, March 14th. The shares were sold at an average price of $39.33, for a total value of $625,425.66. Following the sale, the chief executive officer now directly owns 13,302 shares in the company, valued at approximately $523,167.66. The trade was a 54.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Seth Bala Cohen sold 12,293 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $41.54, for a total value of $510,651.22. Following the completion of the transaction, the general counsel now owns 8,813 shares of the company's stock, valued at approximately $366,092.02. This represents a 58.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 131,836 shares of company stock valued at $5,330,639. 20.14% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of 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. Jefferies Financial Group lifted their target price on The Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a report on Friday, April 11th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $45.00 price target (up from $39.00) on shares of The Baldwin Insurance Group in a report on Tuesday, April 8th. BMO Capital Markets started coverage on The Baldwin Insurance Group in a research report on Thursday, March 27th. They set an "outperform" rating and a $53.00 price target on the stock. Finally, Keefe, Bruyette & Woods decreased their price objective on The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating for the company in a research report on Friday, January 10th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, The Baldwin Insurance Group has an average rating of "Moderate Buy" and an average target price of $45.29.

The Baldwin Insurance Group 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.