Natixis Advisors LLC Increases Stock Position in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Natixis Advisors LLC increased its holdings in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 4.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,264 shares of the company’s stock after buying an additional 1,281 shares during the period. Natixis Advisors LLC’s holdings in The Baldwin Insurance Group were worth $988,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Confluence Investment Management LLC grew its holdings in The Baldwin Insurance Group by 178.6% during the 2nd quarter. Confluence Investment Management LLC now owns 345,789 shares of the company’s stock valued at $12,265,000 after buying an additional 221,668 shares in the last quarter. Moody National Bank Trust Division lifted its stake in The Baldwin Insurance Group by 6.3% in the 2nd quarter. Moody National Bank Trust Division now owns 7,420 shares of the company’s stock worth $263,000 after purchasing an additional 440 shares in the last quarter. Diversified Trust Co boosted its holdings in The Baldwin Insurance Group by 11.2% in the 2nd quarter. Diversified Trust Co now owns 37,800 shares of the company’s stock valued at $1,341,000 after purchasing an additional 3,800 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of The Baldwin Insurance Group during the 2nd quarter valued at $5,177,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of The Baldwin Insurance Group in the second quarter worth $269,000. 70.42% of the stock is currently owned by hedge funds and other institutional investors.

The Baldwin Insurance Group Price Performance

NASDAQ:BRP opened at $49.34 on Wednesday. The Baldwin Insurance Group, Inc. has a 52-week low of $17.33 and a 52-week high of $33.03. The stock has a fifty day moving average of $48.78 and a 200 day moving average of $42.19. 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 firm has a market capitalization of $5.80 billion, a price-to-earnings ratio of -52.79, a P/E/G ratio of 0.91 and a beta of 1.54.

The Baldwin Insurance Group Company 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.