2,555,208 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Purchased by Capital International Investors

Capital International Investors bought a new position in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,555,208 shares of the company's stock, valued at approximately $99,040,000. Capital International Investors owned 2.17% of The Baldwin Insurance Group at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in BWIN. FMR LLC acquired a new stake in The Baldwin Insurance Group during the fourth quarter valued at $325,535,000. Vanguard Group Inc. bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $255,331,000. William Blair Investment Management LLC bought a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $190,218,000. Champlain Investment Partners LLC acquired a new position in The Baldwin Insurance Group in the fourth quarter worth approximately $77,720,000. Finally, JPMorgan Chase & Co. raised its position in The Baldwin Insurance Group by 35.4% during the fourth quarter. JPMorgan Chase & Co. now owns 1,673,944 shares of the company's stock valued at $64,882,000 after acquiring an additional 438,076 shares in the last quarter. Institutional investors and hedge funds own 77.49% of the company's stock.

The Baldwin Insurance Group Stock Performance

BWIN stock traded down $1.59 on Friday, reaching $41.49. 119,895 shares of the company were exchanged, compared to its average volume of 574,299. 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 Baldwin Insurance Group, Inc. has a 12 month low of $26.08 and a 12 month high of $55.82. The stock's fifty day moving average price is $41.80 and its 200 day moving average price is $43.25. The firm has a market capitalization of $4.88 billion, a PE ratio of -64.84, a PEG ratio of 1.17 and a beta of 1.52.

Wall Street Analyst Weigh In

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

Insider Transactions at The Baldwin Insurance Group

In other news, Director Lowry Baldwin sold 34,901 shares of the firm's stock in a transaction dated 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 completion of 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Seth Bala Cohen sold 12,293 shares of The Baldwin Insurance Group stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $41.54, for a total transaction of $510,651.22. Following the sale, the general counsel now owns 8,813 shares in the company, valued at approximately $366,092.02. This trade represents a 58.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 131,836 shares of company stock worth $5,330,639. 20.14% of the stock is currently owned by company insiders.

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.