The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Receives Consensus Recommendation of "Hold" from Analysts

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) has been assigned a consensus rating of "Hold" from the seven analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $45.33.

A number of research analysts recently issued reports on BWIN shares. BMO Capital Markets started coverage on shares of The Baldwin Insurance Group in a research report on Thursday, March 27th. They set an "outperform" rating and a $53.00 target price for the company. Wells Fargo & Company upped their target price 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. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $45.00 target price (up from $39.00) on shares of The Baldwin Insurance Group in a report on Tuesday, April 8th. Finally, Jefferies Financial Group boosted their price target on The Baldwin Insurance Group from $41.00 to $42.00 and gave the company a "hold" rating in a report on Friday, April 11th.

Insiders Place Their Bets

In other The Baldwin Insurance Group news, General Counsel Seth Bala Cohen sold 12,293 shares of the stock in a transaction dated 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 sale, the general counsel now owns 8,813 shares in the company, valued at approximately $366,092.02. This represents a 58.24% 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, insider James Morgan Roche sold 3,572 shares of the company's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $40.04, for a total value of $143,022.88. Following the completion of the sale, the insider now owns 86,828 shares of the company's stock, valued at $3,476,593.12. This trade represents a 3.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 246,505 shares of company stock worth $9,856,503. 20.14% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Elevation Wealth Partners LLC purchased a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at approximately $32,000. Nisa Investment Advisors LLC acquired a new position in shares of The Baldwin Insurance Group during the fourth quarter worth about $33,000. TD Waterhouse Canada Inc. acquired a new stake in shares of The Baldwin Insurance Group in the 4th quarter valued at $36,000. Assetmark Inc. purchased a new stake in The Baldwin Insurance Group during the 4th quarter worth about $38,000. Finally, Premier Fund Managers Ltd acquired a new position in The Baldwin Insurance Group in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 77.49% of the company's stock.

The Baldwin Insurance Group Stock Performance

Shares of The Baldwin Insurance Group stock traded down $0.10 on Thursday, reaching $38.00. 358,783 shares of the stock were exchanged, compared to its average volume of 556,114. The business has a 50 day moving average price of $41.72 and a two-hundred day moving average price of $41.72. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of -59.38, a PEG ratio of 1.17 and a beta of 1.77. The Baldwin Insurance Group has a twelve month low of $31.47 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.

The Baldwin Insurance Group Company 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.