The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Receives Average Rating of "Moderate Buy" from Analysts

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $45.50.

Several analysts have issued reports on the company. Keefe, Bruyette & Woods dropped their target price 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. Wells Fargo & Company dropped their target price on The Baldwin Insurance Group from $41.00 to $38.00 and set an "underweight" rating on the stock in a report on Tuesday. Jefferies Financial Group upped their target price on The Baldwin Insurance Group from $38.00 to $46.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. William Blair raised The Baldwin Insurance Group from a "market perform" rating to an "outperform" rating in a research note on Thursday, October 17th. Finally, JPMorgan Chase & Co. lowered 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.

Insider Activity

In other news, major shareholder Elizabeth Krystyn sold 191,307 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $45.18, for a total value of $8,643,250.26. Following the completion of the sale, the insider now directly owns 232,570 shares of the company's stock, valued at approximately $10,507,512.60. This represents a 45.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 20.14% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Nisa Investment Advisors LLC acquired a new position in The Baldwin Insurance Group during the fourth quarter worth $33,000. Cetera Trust Company N.A acquired a new position in The Baldwin Insurance Group during the fourth quarter worth $212,000. Peapack Gladstone Financial Corp acquired a new position in The Baldwin Insurance Group during the third quarter worth $263,000. Janney Montgomery Scott LLC acquired a new position in The Baldwin Insurance Group during the fourth quarter worth $269,000. Finally, SG Americas Securities LLC acquired a new stake in shares of The Baldwin Insurance Group in the fourth quarter valued at $395,000. 77.49% of the stock is currently owned by institutional investors and hedge funds.

The Baldwin Insurance Group Price Performance

BWIN stock traded up $0.36 during trading on Friday, hitting $41.23. The company had a trading volume of 566,214 shares, compared to its average volume of 593,209. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of -64.42, a P/E/G ratio of 0.82 and a beta of 1.64. The business has a 50 day moving average of $42.51 and a 200 day moving average of $44.37. The Baldwin Insurance Group has a fifty-two week low of $21.70 and a fifty-two week high of $55.82. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35.

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $346.43 million. During the same period in the previous year, the company posted $0.15 earnings per share. The Baldwin Insurance Group's revenue was up 11.0% compared to the same quarter last year. As a group, research analysts predict that The Baldwin Insurance Group will post 1.01 earnings per share for the current year.

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.