Heritage Family Offices LLP Invests $158,000 in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Heritage Family Offices LLP purchased a new stake in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP) during the 3rd quarter, Holdings Channel reports. The fund purchased 4,850 shares of the company’s stock, valued at approximately $158,000.

Other large investors have also recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its stake in shares of The Baldwin Insurance Group by 31.6% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,415 shares of the company’s stock valued at $50,000 after buying an additional 340 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in The Baldwin Insurance Group by 1.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,034 shares of the company’s stock worth $1,101,000 after buying an additional 361 shares during the last quarter. Moody National Bank Trust Division raised its position in The Baldwin Insurance Group by 6.3% during the second quarter. Moody National Bank Trust Division now owns 7,420 shares of the company’s stock valued at $263,000 after acquiring an additional 440 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in The Baldwin Insurance Group by 5.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,292 shares of the company’s stock valued at $542,000 after acquiring an additional 854 shares during the last quarter. Finally, Truist Financial Corp grew its position in The Baldwin Insurance Group by 11.8% in the second quarter. Truist Financial Corp now owns 10,859 shares of the company’s stock worth $380,000 after acquiring an additional 1,150 shares in the last quarter. 70.42% of the stock is owned by institutional investors and hedge funds.

The Baldwin Insurance Group Stock Up 0.6 %

The Baldwin Insurance Group stock opened at $52.90 on Thursday. The company has a market capitalization of $6.22 billion, a P/E ratio of -57.50, a P/E/G ratio of 0.91 and a beta of 1.54. The Baldwin Insurance Group, Inc. has a 1-year low of $17.33 and a 1-year high of $33.03. The firm’s fifty day simple moving average is $47.07 and its 200-day simple moving average is $38.29. 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 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.