Teachers Advisors LLC Purchases 836 Shares of Baldwin & Lyons, Inc. (BWINB)

Teachers Advisors LLC raised its position in Baldwin & Lyons, Inc. (NASDAQ:BWINB) by 5.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 15,656 shares of the insurance provider’s stock after buying an additional 836 shares during the quarter. Teachers Advisors LLC owned about 0.10% of Baldwin & Lyons worth $384,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Deprince Race & Zollo Inc. grew its stake in shares of Baldwin & Lyons by 8.8% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 269,498 shares of the insurance provider’s stock worth $6,603,000 after purchasing an additional 21,759 shares during the period. Wedbush Securities Inc. acquired a new position in shares of Baldwin & Lyons during the 2nd quarter worth $632,000. Russell Investments Group Ltd. grew its stake in shares of Baldwin & Lyons by 9.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 11,050 shares of the insurance provider’s stock worth $271,000 after purchasing an additional 943 shares during the period. Wells Fargo & Company MN grew its stake in shares of Baldwin & Lyons by 17.6% during the 2nd quarter. Wells Fargo & Company MN now owns 48,962 shares of the insurance provider’s stock worth $1,199,000 after purchasing an additional 7,311 shares during the period. Finally, LSV Asset Management grew its stake in shares of Baldwin & Lyons by 798.6% during the 2nd quarter. LSV Asset Management now owns 66,500 shares of the insurance provider’s stock worth $1,629,000 after purchasing an additional 59,100 shares during the period. 45.66% of the stock is currently owned by institutional investors.

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BWINB has been the topic of a number of recent analyst reports. BidaskClub cut shares of Baldwin & Lyons from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th. TheStreet cut shares of Baldwin & Lyons from a “b-” rating to a “c+” rating in a research note on Thursday, August 10th.

Shares of Baldwin & Lyons, Inc. (BWINB) opened at $22.95 on Wednesday. Baldwin & Lyons, Inc. has a 12 month low of $21.20 and a 12 month high of $27.70.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Tuesday, November 21st will be paid a $0.27 dividend. The ex-dividend date of this dividend is Monday, November 20th. This represents a $1.08 dividend on an annualized basis and a yield of 4.71%. Baldwin & Lyons’s payout ratio is 245.46%.

Baldwin & Lyons Profile

Baldwin & Lyons, Inc is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies.

Institutional Ownership by Quarter for Baldwin & Lyons (NASDAQ:BWINB)

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