Boston Partners Buys Shares of 525,965 The Baldwin Insurance Group, Inc. (NASDAQ:BWIN)

Boston Partners purchased a new position in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 525,965 shares of the company’s stock, valued at approximately $20,675,000. Boston Partners owned approximately 0.45% of The Baldwin Insurance Group at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in BWIN. Lord Abbett & CO. LLC acquired a new stake in shares of The Baldwin Insurance Group during the 3rd quarter valued at $29,447,000. JPMorgan Chase & Co. boosted its position in The Baldwin Insurance Group by 1,946.7% during the third quarter. JPMorgan Chase & Co. now owns 1,235,868 shares of the company’s stock valued at $61,546,000 after purchasing an additional 1,175,484 shares during the last quarter. Peapack Gladstone Financial Corp purchased a new position in The Baldwin Insurance Group in the third quarter valued at about $263,000. Confluence Investment Management LLC acquired a new position in The Baldwin Insurance Group in the 4th quarter worth about $16,747,000. Finally, Diversified Trust Co purchased a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth about $788,000. 77.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, CEO Trevor Baldwin sold 68,740 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $40.60, for a total value of $2,790,844.00. Following the sale, the chief executive officer now owns 80,663 shares of the company’s stock, valued at $3,274,917.80. This trade represents a 46.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Lowry Baldwin sold 34,901 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $40.22, for a total value of $1,403,718.22. Following the transaction, the director now owns 90,099 shares of the company’s stock, valued at approximately $3,623,781.78. This trade represents a 27.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 131,836 shares of company stock worth $5,330,639 over the last ninety days. Company insiders own 20.14% of the company’s stock.

The Baldwin Insurance Group Stock Performance

NASDAQ:BWIN opened at $43.12 on Friday. The firm has a market capitalization of $5.07 billion, a PE ratio of -67.38, a PEG ratio of 1.17 and a beta of 1.72. The Baldwin Insurance Group, Inc. has a 1 year low of $31.47 and a 1 year 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 firm’s fifty day simple moving average is $40.49 and its 200 day simple moving average is $44.22.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BWIN. JPMorgan Chase & Co. dropped their price objective on The Baldwin Insurance Group from $46.00 to $39.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Wells Fargo & Company dropped their price target on shares of The Baldwin Insurance Group from $38.00 to $33.00 and set an “underweight” rating on the stock in a research note on Wednesday, February 26th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating for the company in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.50.

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.