1,141,544 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P bought a new position in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,141,544 shares of the company's stock, valued at approximately $44,246,000. Loomis Sayles & Co. L P owned approximately 0.97% 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 the company. Elevation Wealth Partners LLC purchased a new position in The Baldwin Insurance Group during the 4th quarter worth approximately $32,000. Nisa Investment Advisors LLC acquired a new stake in shares of The Baldwin Insurance Group in the fourth quarter worth $33,000. Assetmark Inc. purchased a new position in shares of The Baldwin Insurance Group during the fourth quarter valued at $38,000. First Horizon Advisors Inc. acquired a new position in The Baldwin Insurance Group during the fourth quarter valued at $55,000. Finally, Parkside Financial Bank & Trust purchased a new stake in The Baldwin Insurance Group in the 4th quarter worth about $59,000. Institutional investors and hedge funds own 77.49% of the company's stock.

The Baldwin Insurance Group Stock Up 0.0 %

Shares of BWIN stock traded up $0.02 on Tuesday, hitting $44.71. The company's stock had a trading volume of 87,022 shares, compared to its average volume of 552,650. 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 stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of -69.67, a P/E/G ratio of 1.17 and a beta of 1.72. The Baldwin Insurance Group, Inc. has a fifty-two week low of $31.47 and a fifty-two week high of $55.82. The firm's fifty day moving average price is $41.36 and its 200-day moving average price is $44.14.

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Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. BMO Capital Markets began coverage on The Baldwin Insurance Group in a research note on Thursday, March 27th. They set an "outperform" rating and a $53.00 target price on the stock. Keefe, Bruyette & Woods dropped their price objective on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an "outperform" rating on the stock in a research note on Friday, January 10th. Wells Fargo & Company decreased their target price on shares of The Baldwin Insurance Group from $38.00 to $33.00 and set an "underweight" rating for the company in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. dropped their price target on shares of The Baldwin Insurance Group from $46.00 to $39.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 26th. One analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $44.86.

Insider Buying and Selling at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, General Counsel Seth Bala Cohen sold 12,293 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $41.54, for a total transaction of $510,651.22. Following the transaction, the general counsel now owns 8,813 shares in the company, valued at $366,092.02. This trade represents a 58.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Trevor Baldwin sold 68,740 shares of the firm's stock in a transaction 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 transaction, the chief executive officer now owns 80,663 shares in the company, valued at $3,274,917.80. The trade was a 46.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 131,836 shares of company stock worth $5,330,639 over the last three months. Corporate insiders own 20.14% of the company's stock.

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.