Creative Planning Purchases 2,377 Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Creative Planning raised its stake in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 31.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,979 shares of the company’s stock after purchasing an additional 2,377 shares during the quarter. Creative Planning’s holdings in The Baldwin Insurance Group were worth $326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. lifted its position in The Baldwin Insurance Group by 31.6% during the second quarter. First Horizon Advisors Inc. now owns 1,415 shares of the company’s stock valued at $50,000 after purchasing an additional 340 shares during the last quarter. Smith Chas P & Associates PA Cpas bought a new stake in The Baldwin Insurance Group during the third quarter valued at approximately $149,000. Janney Montgomery Scott LLC bought a new stake in The Baldwin Insurance Group during the first quarter valued at approximately $207,000. Moody National Bank Trust Division lifted its position in The Baldwin Insurance Group by 6.3% during the second quarter. Moody National Bank Trust Division now owns 7,420 shares of the company’s stock valued at $263,000 after purchasing an additional 440 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in The Baldwin Insurance Group during the second quarter valued at approximately $269,000. 70.42% of the stock is currently owned by institutional investors.

The Baldwin Insurance Group Trading Up 1.1 %

Shares of The Baldwin Insurance Group stock opened at $45.20 on Friday. The firm has a market cap of $5.31 billion, a PE ratio of -49.13, a PEG ratio of 0.91 and a beta of 1.54. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.90. The Baldwin Insurance Group, Inc. has a 1 year low of $17.33 and a 1 year high of $33.03. The company has a 50 day simple moving average of $49.01 and a two-hundred day simple moving average of $40.70.

About The Baldwin Insurance Group

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.