Universal Beteiligungs und Servicegesellschaft mbH Grows Stock Position in Baldwin Insurance Group, Inc. $BWIN

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 5.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,497 shares of the company’s stock after acquiring an additional 3,130 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Baldwin Insurance Group were worth $2,633,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BWIN. MTM Investment Management LLC purchased a new stake in Baldwin Insurance Group in the second quarter valued at $30,000. Strs Ohio purchased a new position in shares of Baldwin Insurance Group during the 1st quarter worth $72,000. First Horizon Advisors Inc. increased its position in shares of Baldwin Insurance Group by 29.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,834 shares of the company’s stock worth $79,000 after purchasing an additional 419 shares during the last quarter. IFP Advisors Inc increased its position in shares of Baldwin Insurance Group by 3,664.0% during the 2nd quarter. IFP Advisors Inc now owns 2,823 shares of the company’s stock worth $128,000 after purchasing an additional 2,748 shares during the last quarter. Finally, State of Wyoming raised its holdings in Baldwin Insurance Group by 74.8% in the 1st quarter. State of Wyoming now owns 3,716 shares of the company’s stock valued at $166,000 after buying an additional 1,590 shares during the period. Institutional investors and hedge funds own 77.49% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Zacks Research raised shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. UBS Group decreased their price objective on shares of Baldwin Insurance Group from $52.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, November 10th. JPMorgan Chase & Co. lowered their price objective on shares of Baldwin Insurance Group from $41.00 to $34.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. BMO Capital Markets lifted their target price on shares of Baldwin Insurance Group from $33.00 to $34.00 and gave the company a “market perform” rating in a report on Tuesday, November 11th. Finally, Wall Street Zen lowered Baldwin Insurance Group from a “hold” rating to a “sell” rating in a research report on Friday, October 3rd. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $38.57.

Baldwin Insurance Group Stock Down 1.4%

Shares of BWIN opened at $27.43 on Tuesday. The company’s 50-day simple moving average is $26.75 and its 200-day simple moving average is $33.54. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.15 and a current ratio of 1.15. Baldwin Insurance Group, Inc. has a 1 year low of $21.26 and a 1 year high of $50.46. The stock has a market capitalization of $3.25 billion, a PE ratio of -63.79, a P/E/G ratio of 1.30 and a beta of 1.40.

Baldwin Insurance Group (NASDAQ:BWIN) last announced its earnings results on Tuesday, November 4th. The company reported $0.31 earnings per share for the quarter, hitting the consensus estimate of $0.31. The firm had revenue of $365.39 million for the quarter, compared to the consensus estimate of $364.14 million. Baldwin Insurance Group had a negative net margin of 1.89% and a positive return on equity of 12.65%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 EPS. Analysts forecast that Baldwin Insurance Group, Inc. will post 1.01 earnings per share for the current fiscal year.

Baldwin Insurance Group 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.