The Baldwin Insurance Group, Inc. (NASDAQ:BRP - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $51.44 and last traded at $50.48, with a volume of 526557 shares traded. The stock had previously closed at $50.24.
The Baldwin Insurance Group Stock Up 0.5 %
The company has a market capitalization of $5.93 billion, a PE ratio of -35.50, a P/E/G ratio of 0.91 and a beta of 1.54. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90. The company's 50-day moving average is $48.66 and its 200 day moving average is $39.48.
Institutional Trading of The Baldwin Insurance Group
Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of The Baldwin Insurance Group by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 6,107,277 shares of the company's stock valued at $146,697,000 after acquiring an additional 111,662 shares during the last quarter. William Blair Investment Management LLC lifted its position in The Baldwin Insurance Group by 5.4% during the second quarter. William Blair Investment Management LLC now owns 3,083,281 shares of the company's stock valued at $109,364,000 after purchasing an additional 157,631 shares during the period. Dimensional Fund Advisors LP boosted its holdings in The Baldwin Insurance Group by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,082,243 shares of the company's stock worth $38,386,000 after purchasing an additional 72,563 shares during the last quarter. Driehaus Capital Management LLC raised its stake in The Baldwin Insurance Group by 53.7% during the 2nd quarter. Driehaus Capital Management LLC now owns 931,959 shares of the company's stock valued at $33,057,000 after buying an additional 325,751 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust lifted its holdings in shares of The Baldwin Insurance Group by 0.5% during the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 735,417 shares of the company's stock valued at $26,085,000 after buying an additional 3,304 shares during the period. 70.42% of the stock is currently owned by hedge funds and other institutional investors.
About The Baldwin Insurance Group
(
Get Free Report)
BRP 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. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families.
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