16,785 Shares in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Purchased by Toth Financial Advisory Corp

Toth Financial Advisory Corp purchased a new stake in The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,785 shares of the company’s stock, valued at approximately $651,000.

Several other hedge funds have also bought and sold shares of the stock. Nisa Investment Advisors LLC acquired a new position in shares of The Baldwin Insurance Group in the 4th quarter valued at $33,000. Cetera Trust Company N.A acquired a new position in shares of The Baldwin Insurance Group in the fourth quarter worth about $212,000. Peapack Gladstone Financial Corp acquired a new position in shares of The Baldwin Insurance Group in the third quarter worth about $263,000. Janney Montgomery Scott LLC purchased a new stake in shares of The Baldwin Insurance Group during the 4th quarter worth about $269,000. Finally, SG Americas Securities LLC acquired a new stake in shares of The Baldwin Insurance Group during the 4th quarter valued at about $395,000. Hedge funds and other institutional investors own 77.49% of the company’s stock.

The Baldwin Insurance Group Price Performance

The Baldwin Insurance Group stock opened at $40.48 on Friday. The company has a fifty day simple moving average of $41.95 and a 200-day simple moving average of $44.63. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of -63.25, a PEG ratio of 1.21 and a beta of 1.64. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.35. The Baldwin Insurance Group, Inc. has a 52-week low of $21.70 and a 52-week high of $55.82.

The Baldwin Insurance Group (NASDAQ:BWIN) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The business had revenue of $339.90 million for the quarter, compared to analyst estimates of $346.43 million. The Baldwin Insurance Group had a positive return on equity of 10.57% and a negative net margin of 2.89%. The business’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 earnings per share. On average, equities analysts anticipate that The Baldwin Insurance Group, Inc. will post 1.01 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Elizabeth Krystyn sold 88,306 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $43.05, for a total transaction of $3,801,573.30. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 20.14% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Jefferies Financial Group increased their price target on The Baldwin Insurance Group from $38.00 to $46.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods decreased their target price on The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. JPMorgan Chase & Co. dropped their price target on shares of The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating on the stock in a research note on Friday, January 3rd. William Blair upgraded shares of The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 17th. Finally, Wells Fargo & Company dropped their target price on shares of The Baldwin Insurance Group from $41.00 to $38.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.50.

The Baldwin Insurance Group Company Profile

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.