The Baldwin Insurance Group, Inc. (NASDAQ:BRP - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $46.64 and last traded at $46.17, with a volume of 1062678 shares trading hands. The stock had previously closed at $45.29.
The Baldwin Insurance Group Price Performance
The firm has a market capitalization of $5.43 billion, a P/E ratio of -49.23, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21. The firm has a 50 day moving average price of $49.14 and a 200-day moving average price of $40.18.
Institutional Trading of The Baldwin Insurance Group
Several institutional investors and hedge funds have recently modified their holdings of BRP. Verdence Capital Advisors LLC increased its position in The Baldwin Insurance Group by 5.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 7,530 shares of the company's stock valued at $246,000 after purchasing an additional 401 shares during the period. Confluence Investment Management LLC boosted its stake in shares of The Baldwin Insurance Group by 26.8% during the third quarter. Confluence Investment Management LLC now owns 438,544 shares of the company's stock valued at $14,323,000 after purchasing an additional 92,755 shares in the last quarter. Principal Financial Group Inc. increased its holdings in The Baldwin Insurance Group by 40.7% during the third quarter. Principal Financial Group Inc. now owns 73,232 shares of the company's stock valued at $2,392,000 after buying an additional 21,174 shares during the period. Emerald Advisers LLC raised its stake in The Baldwin Insurance Group by 1.8% in the third quarter. Emerald Advisers LLC now owns 884,299 shares of the company's stock worth $28,881,000 after buying an additional 15,554 shares in the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in The Baldwin Insurance Group during the third quarter worth $1,661,000. Institutional investors own 70.42% of the company's stock.
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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