Pathway Financial Advisors LLC Trims Stock Holdings in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Pathway Financial Advisors LLC reduced its stake in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 115,289 shares of the company’s stock after selling 12,034 shares during the period. The Baldwin Insurance Group makes up approximately 1.0% of Pathway Financial Advisors LLC’s portfolio, making the stock its 18th biggest position. Pathway Financial Advisors LLC owned about 0.10% of The Baldwin Insurance Group worth $3,765,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of BRP. Vanguard Group Inc. grew its position in The Baldwin Insurance Group by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 6,107,277 shares of the company’s stock valued at $146,697,000 after acquiring an additional 111,662 shares in the last quarter. Confluence Investment Management LLC acquired a new position in shares of The Baldwin Insurance Group during the first quarter worth about $3,592,000. Moody National Bank Trust Division acquired a new position in shares of The Baldwin Insurance Group during the first quarter worth about $202,000. Cornerstone Wealth Group LLC acquired a new position in shares of The Baldwin Insurance Group during the first quarter worth about $489,000. Finally, Diversified Trust Co grew its position in shares of The Baldwin Insurance Group by 42.0% during the first quarter. Diversified Trust Co now owns 34,000 shares of the company’s stock worth $984,000 after buying an additional 10,050 shares in the last quarter. 70.42% of the stock is currently owned by hedge funds and other institutional investors.

The Baldwin Insurance Group Stock Performance

Shares of The Baldwin Insurance Group stock opened at $50.58 on Wednesday. The Baldwin Insurance Group, Inc. has a one year low of $17.33 and a one year high of $33.03. The company has a market cap of $5.95 billion, a PE ratio of -54.98, a P/E/G ratio of 0.91 and a beta of 1.54. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90. The business has a 50-day simple moving average of $45.96 and a 200-day simple moving average of $37.33.

The Baldwin Insurance Group Profile

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.