The Baldwin Insurance Group (NASDAQ:BRP) Reaches New 12-Month High at $49.56

The Baldwin Insurance Group, Inc. (NASDAQ:BRP) reached a new 52-week high on Monday . The company traded as high as $49.56 and last traded at $47.75, with a volume of 451923 shares trading hands. The stock had previously closed at $48.71.

The Baldwin Insurance Group Trading Down 2.0 %

The company has a market capitalization of $5.61 billion, a P/E ratio of -52.95, a PEG ratio of 0.91 and a beta of 1.54. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21. The business has a 50 day moving average price of $43.97 and a 200 day moving average price of $35.67.

Institutional Trading of The Baldwin Insurance Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Westwood Holdings Group Inc. grew its holdings in The Baldwin Insurance Group by 73.0% during the 4th quarter. Westwood Holdings Group Inc. now owns 3,015,270 shares of the company’s stock valued at $72,427,000 after buying an additional 1,272,353 shares in the last quarter. Driehaus Capital Management LLC boosted its holdings in The Baldwin Insurance Group by 53.7% in the 2nd quarter. Driehaus Capital Management LLC now owns 931,959 shares of the company’s stock worth $33,057,000 after buying an additional 325,751 shares during the last quarter. Confluence Investment Management LLC grew its stake in shares of The Baldwin Insurance Group by 178.6% in 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 during the period. Dimensional Fund Advisors LP boosted its stake in shares of The Baldwin Insurance Group by 19.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 988,830 shares of the company’s stock valued at $23,753,000 after purchasing an additional 162,347 shares during the period. Finally, William Blair Investment Management LLC lifted its holdings in The Baldwin Insurance Group by 5.4% during the 2nd quarter. William Blair Investment Management LLC now owns 3,083,281 shares of the company’s stock worth $109,364,000 after buying an additional 157,631 shares during the last quarter. Institutional investors own 70.42% of the company’s stock.

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.