Fiera Capital Corp Has $23.82 Million Holdings in Baldwin Insurance Group, Inc. $BWIN

Fiera Capital Corp lifted its holdings in Baldwin Insurance Group, Inc. (NASDAQ:BWIN) by 30.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 991,213 shares of the company’s stock after acquiring an additional 231,993 shares during the quarter. Fiera Capital Corp owned approximately 0.84% of Baldwin Insurance Group worth $23,819,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Larson Financial Group LLC boosted its holdings in shares of Baldwin Insurance Group by 666.5% in the 4th quarter. Larson Financial Group LLC now owns 1,211 shares of the company’s stock worth $29,000 after acquiring an additional 1,053 shares in the last quarter. Dorato Capital Management bought a new position in Baldwin Insurance Group in the 4th quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd bought a new position in Baldwin Insurance Group in the 3rd quarter worth approximately $39,000. AlphaQuest LLC raised its position in Baldwin Insurance Group by 249.2% in the 3rd quarter. AlphaQuest LLC now owns 1,952 shares of the company’s stock worth $55,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Strs Ohio bought a new position in Baldwin Insurance Group in the 1st quarter worth approximately $72,000. 77.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Baldwin Insurance Group

In other Baldwin Insurance Group news, major shareholder Elizabeth Krystyn sold 130,018 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $21.20, for a total transaction of $2,756,381.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 20.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BWIN shares. Keefe, Bruyette & Woods dropped their price objective on shares of Baldwin Insurance Group from $29.00 to $26.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Weiss Ratings restated a “sell (e+)” rating on shares of Baldwin Insurance Group in a research report on Friday, March 27th. JPMorgan Chase & Co. dropped their price objective on shares of Baldwin Insurance Group from $28.00 to $25.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Bank of America dropped their price objective on shares of Baldwin Insurance Group from $38.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, Raymond James Financial upgraded shares of Baldwin Insurance Group from an “outperform” rating to a “strong-buy” rating and boosted their price objective for the stock from $20.00 to $30.00 in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $30.25.

Baldwin Insurance Group Stock Performance

Shares of Baldwin Insurance Group stock opened at $19.24 on Tuesday. The firm has a fifty day moving average of $21.56 and a two-hundred day moving average of $22.40. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of -28.72, a PEG ratio of 0.76 and a beta of 1.16. Baldwin Insurance Group, Inc. has a 52 week low of $15.88 and a 52 week high of $45.16. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.08 and a current ratio of 1.08.

Baldwin Insurance Group (NASDAQ:BWIN) last issued its earnings results on Monday, May 4th. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). The business had revenue of $532.24 million for the quarter, compared to the consensus estimate of $524.07 million. Baldwin Insurance Group had a negative net margin of 2.80% and a positive return on equity of 12.35%. The business’s revenue was up 28.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.65 EPS. As a group, equities research analysts predict that Baldwin Insurance Group, Inc. will post 1.27 EPS for the current year.

Baldwin Insurance Group Profile

Baldwin Insurance Group, Inc (NASDAQ: BWIN) is a specialty insurance and surety firm that underwrites contract bonds, commercial insurance policies and related risk-management services. Its core offerings include contract and commercial surety, which provide performance and payment guarantees to obligees in construction, service and public-sector projects. In addition, the company delivers complementary commercial lines coverages designed to mitigate liability, property and workers’ compensation exposures.

Through a network of regional agency offices primarily across the Midwestern United States, Baldwin Insurance Group serves contractors, developers, small and mid-sized businesses as well as municipal and public-sector clients.