Commerce Bank Has $291,000 Position in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Commerce Bank cut its position in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 3.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,925 shares of the company’s stock after selling 290 shares during the quarter. Commerce Bank’s holdings in The Baldwin Insurance Group were worth $291,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Schneider Downs Wealth Management Advisors LP acquired a new position in shares of The Baldwin Insurance Group in the 3rd quarter valued at approximately $268,000. Natixis Advisors LLC grew its holdings in shares of The Baldwin Insurance Group by 4.4% during the 3rd quarter. Natixis Advisors LLC now owns 30,264 shares of the company’s stock valued at $988,000 after purchasing an additional 1,281 shares during the last quarter. Black Swift Group LLC bought a new stake in shares of The Baldwin Insurance Group during the 3rd quarter valued at approximately $163,000. Zions Bancorporation N.A. grew its holdings in shares of The Baldwin Insurance Group by 18.4% during the 3rd quarter. Zions Bancorporation N.A. now owns 44,251 shares of the company’s stock valued at $1,445,000 after purchasing an additional 6,866 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of The Baldwin Insurance Group during the 3rd quarter valued at approximately $569,000. 70.42% of the stock is currently owned by institutional investors and hedge funds.

The Baldwin Insurance Group Trading Down 1.2 %

Shares of The Baldwin Insurance Group stock opened at $48.76 on Thursday. The firm has a market capitalization of $5.73 billion, a PE ratio of -53.63, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. 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 firm’s 50 day moving average is $48.78 and its 200 day moving average is $42.31. The Baldwin Insurance Group, Inc. has a 1 year low of $17.33 and a 1 year high of $33.03.

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.