Baldwin Insurance Group, Inc. $BWIN Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 5.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 61,497 shares of the company’s stock after purchasing an additional 3,130 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.05% of Baldwin Insurance Group worth $2,633,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. American Century Companies Inc. grew its stake in Baldwin Insurance Group by 561.6% in the 1st quarter. American Century Companies Inc. now owns 451,360 shares of the company’s stock valued at $20,171,000 after acquiring an additional 383,137 shares during the period. HighTower Advisors LLC purchased a new position in Baldwin Insurance Group during the first quarter valued at $1,860,000. Zions Bancorporation National Association UT purchased a new position in Baldwin Insurance Group during the first quarter valued at $2,514,000. Invesco Ltd. grew its position in shares of Baldwin Insurance Group by 794.2% in the first quarter. Invesco Ltd. now owns 556,775 shares of the company’s stock valued at $24,882,000 after purchasing an additional 494,508 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Baldwin Insurance Group by 70.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,439 shares of the company’s stock worth $1,405,000 after purchasing an additional 13,000 shares in the last quarter. 77.49% of the stock is currently owned by hedge funds and other institutional investors.

Baldwin Insurance Group Price Performance

BWIN stock opened at $27.43 on Tuesday. Baldwin Insurance Group, Inc. has a 1 year low of $21.26 and a 1 year high of $50.46. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a market capitalization of $3.25 billion, a PE ratio of -63.79, a price-to-earnings-growth ratio of 1.30 and a beta of 1.40. The business has a 50 day simple moving average of $26.75 and a 200-day simple moving average of $33.54.

Baldwin Insurance Group (NASDAQ:BWIN) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31. The firm had revenue of $365.39 million for the quarter, compared to the consensus estimate of $364.14 million. Baldwin Insurance Group had a positive return on equity of 12.65% and a negative net margin of 1.89%.The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 earnings per share. Equities research analysts anticipate that Baldwin Insurance Group, Inc. will post 1.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BWIN. Zacks Research raised shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Baldwin Insurance Group in a report on Wednesday, October 8th. Raymond James Financial restated an “outperform” rating and issued a $40.00 target price (down previously from $48.00) on shares of Baldwin Insurance Group in a research report on Thursday, August 7th. JPMorgan Chase & Co. dropped their price target on Baldwin Insurance Group from $41.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Finally, BMO Capital Markets increased their price objective on Baldwin Insurance Group from $33.00 to $34.00 and gave the company a “market perform” rating in a research note on Tuesday, November 11th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $38.57.

About 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.