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

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) has earned an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $43.50.

Several brokerages recently issued reports on BWIN. Keefe, Bruyette & Woods cut their target price 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. Wells Fargo & Company cut their price objective on The Baldwin Insurance Group from $38.00 to $33.00 and set an “underweight” rating for the company in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. decreased their target price 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.

Insider Transactions at The Baldwin Insurance Group

In other The Baldwin Insurance Group news, CEO Trevor Baldwin sold 15,902 shares of the company’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $39.33, for a total value of $625,425.66. Following the transaction, the chief executive officer now directly owns 13,302 shares of the company’s stock, valued at $523,167.66. This represents a 54.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Lowry Baldwin sold 34,901 shares of the stock in a transaction 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 in the company, valued at $3,623,781.78. The trade was a 27.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,836 shares of company stock worth $5,330,639. Company insiders own 20.14% of the company’s stock.

Institutional Trading of The Baldwin Insurance Group

A number of institutional investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio acquired a new stake in shares of The Baldwin Insurance Group in the fourth quarter valued at approximately $3,353,000. Continuum Advisory LLC bought a new position in The Baldwin Insurance Group during the 4th quarter worth $75,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in The Baldwin Insurance Group in the 4th quarter valued at $6,894,000. Westwood Holdings Group Inc. bought a new stake in shares of The Baldwin Insurance Group during the 4th quarter valued at $77,164,000. Finally, Two Sigma Investments LP acquired a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth $1,529,000. Institutional investors own 77.49% of the company’s stock.

The Baldwin Insurance Group Stock Performance

NASDAQ BWIN opened at $39.97 on Friday. The firm’s fifty day moving average price is $40.05 and its two-hundred day moving average price is $44.33. The Baldwin Insurance Group has a 1 year low of $26.08 and a 1 year high of $55.82. The firm has a market capitalization of $4.70 billion, a P/E ratio of -62.45, a price-to-earnings-growth ratio of 1.17 and a beta of 1.72. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35.

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.