Toth Financial Advisory Corp Makes New Investment in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Toth Financial Advisory Corp acquired a new position in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 16,785 shares of the company's stock, valued at approximately $651,000.

Several other large investors also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC bought a new position in shares of The Baldwin Insurance Group in the fourth quarter worth about $5,115,000. JPMorgan Chase & Co. raised its stake in The Baldwin Insurance Group by 1,946.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,235,868 shares of the company's stock worth $61,546,000 after acquiring an additional 1,175,484 shares during the period. Diversified Trust Co purchased a new position in The Baldwin Insurance Group during the fourth quarter valued at approximately $788,000. Harbor Capital Advisors Inc. bought a new position in shares of The Baldwin Insurance Group in the fourth quarter worth approximately $2,000,000. Finally, Peapack Gladstone Financial Corp purchased a new stake in shares of The Baldwin Insurance Group in the third quarter worth $263,000. 77.49% of the stock is currently owned by institutional investors.

The Baldwin Insurance Group Price Performance

Shares of BWIN traded down $0.30 during mid-day trading on Friday, hitting $40.48. 436,168 shares of the stock were exchanged, compared to its average volume of 465,138. The firm has a 50-day moving average of $41.95 and a two-hundred day moving average of $44.69. The Baldwin Insurance Group, Inc. has a 52-week low of $21.70 and a 52-week high of $55.82. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market cap of $4.76 billion, a PE ratio of -63.25, a price-to-earnings-growth ratio of 1.21 and a beta of 1.64.

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The Baldwin Insurance Group had a negative net margin of 2.89% and a positive return on equity of 10.57%. The business had revenue of $339.90 million for the quarter, compared to the consensus estimate of $346.43 million. During the same quarter last year, the business earned $0.15 EPS. The Baldwin Insurance Group's revenue for the quarter was up 11.0% compared to the same quarter last year. On average, equities analysts predict that The Baldwin Insurance Group, Inc. will post 1.01 earnings per share for the current year.

Insider Buying and Selling

In related news, major shareholder Elizabeth Krystyn sold 88,306 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $43.05, for a total transaction of $3,801,573.30. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 20.14% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BWIN. Wells Fargo & Company lowered their target price on shares of The Baldwin Insurance Group from $41.00 to $38.00 and set an "underweight" rating on the stock in a research note on Tuesday, January 14th. Jefferies Financial Group boosted their price objective on The Baldwin Insurance Group from $38.00 to $46.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. William Blair upgraded The Baldwin Insurance Group from a "market perform" rating to an "outperform" rating in a research report on Thursday, October 17th. Keefe, Bruyette & Woods lowered their price target on The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating on the stock in a report on Friday, January 10th. Finally, JPMorgan Chase & Co. dropped their price target on The Baldwin Insurance Group from $47.00 to $46.00 and set an "overweight" rating for the company in a research note on Friday, January 3rd. One research analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $45.50.

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.