Invesco Ltd. Invests $2.41 Million in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Invesco Ltd. bought a new position in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 62,267 shares of the company's stock, valued at approximately $2,413,000. Invesco Ltd. owned approximately 0.05% of The Baldwin Insurance Group at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. FMR LLC acquired a new position in The Baldwin Insurance Group in the 4th quarter valued at about $325,535,000. Vanguard Group Inc. acquired a new stake in The Baldwin Insurance Group in the fourth quarter valued at about $255,331,000. William Blair Investment Management LLC acquired a new position in The Baldwin Insurance Group during the 4th quarter worth approximately $190,218,000. Geode Capital Management LLC purchased a new position in shares of The Baldwin Insurance Group during the 4th quarter worth approximately $60,586,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of The Baldwin Insurance Group by 1,946.7% in the third quarter. JPMorgan Chase & Co. now owns 1,235,868 shares of the company's stock valued at $61,546,000 after buying an additional 1,175,484 shares in the last quarter. 77.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at The Baldwin Insurance Group

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

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Jefferies Financial Group upped their price target on shares of The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a "hold" rating in a report on Friday, April 11th. 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 for the company. Keefe, Bruyette & Woods cut their price target on 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. Wells Fargo & Company increased their price objective on The Baldwin Insurance Group from $33.00 to $34.00 and gave the company an "underweight" rating in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $45.00 target price (up from $39.00) on shares of The Baldwin Insurance Group in a research note on Tuesday, April 8th. One 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, The Baldwin Insurance Group presently has an average rating of "Moderate Buy" and a consensus price target of $45.29.

The Baldwin Insurance Group Trading Down 1.1 %

BWIN stock traded down $0.47 on Wednesday, hitting $41.62. 385,443 shares of the company were exchanged, compared to its average volume of 557,556. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of -65.03, a price-to-earnings-growth ratio of 1.17 and a beta of 1.52. The business's fifty day moving average is $41.88 and its two-hundred day moving average is $43.00. The Baldwin Insurance Group, Inc. has a twelve month low of $31.47 and a twelve month high of $55.82. 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 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.