Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 58,367 Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH purchased 58,367 shares of Baldwin Insurance Group, Inc. during Q1, valued at approximately $2.6 million.
• Multiple institutional investors have recently increased their stakes in Baldwin Insurance Group, contributing to 77.49% of the company's ownership.
• Baldwin Insurance Group's stock has experienced a decline of 1.5%, trading at $36.79, with an analyst consensus rating of "Hold" and an average price target of $45.17.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 58,367 shares of the company's stock, valued at approximately $2,608,000.

Other large investors have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. purchased a new position in shares of Baldwin Insurance Group during the fourth quarter valued at approximately $36,000. Johnson Financial Group Inc. purchased a new stake in Baldwin Insurance Group in the fourth quarter worth $63,000. Continuum Advisory LLC purchased a new stake in shares of Baldwin Insurance Group during the fourth quarter valued at $75,000. State of Wyoming bought a new position in shares of Baldwin Insurance Group in the fourth quarter worth about $82,000. Finally, Tower Research Capital LLC TRC bought a new stake in Baldwin Insurance Group during the 4th quarter valued at about $85,000. 77.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Baldwin Insurance Group news, Director Lowry Baldwin sold 50,000 shares of the firm's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $38.98, for a total value of $1,949,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Trevor Baldwin sold 117,000 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $39.83, for a total transaction of $4,660,110.00. Following the sale, the chief executive officer directly owned 27,676 shares in the company, valued at $1,102,335.08. This trade represents a 80.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 451,380 shares of company stock worth $17,731,131 in the last three months. Insiders own 18.51% of the company's stock.

Baldwin Insurance Group Stock Down 4.2%

Shares of BWIN stock traded down $1.53 during trading hours on Friday, reaching $35.31. 748,592 shares of the company's stock were exchanged, compared to its average volume of 560,552. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.43. The company has a market cap of $4.18 billion, a price-to-earnings ratio of -67.90, a P/E/G ratio of 1.43 and a beta of 1.64. Baldwin Insurance Group, Inc. has a fifty-two week low of $34.22 and a fifty-two week high of $55.82. The stock's 50 day moving average is $39.95 and its 200-day moving average is $40.77.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BWIN shares. Wall Street Zen lowered Baldwin Insurance Group from a "hold" rating to a "sell" rating in a report on Monday, July 7th. Jefferies Financial Group increased their price target on Baldwin Insurance Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research report on Friday, April 11th. Wells Fargo & Company raised their target price on shares of Baldwin Insurance Group from $34.00 to $36.00 and gave the company an "underweight" rating in a research report on Thursday, July 10th. BMO Capital Markets lowered their price target on shares of Baldwin Insurance Group from $51.00 to $50.00 and set an "outperform" rating for the company in a research report on Friday, June 13th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $45.00 price objective (up from $39.00) on shares of Baldwin Insurance Group in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $45.17.

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.