Zions Bancorporation N.A. Purchases Shares of 37,385 The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Zions Bancorporation N.A. purchased a new stake in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 37,385 shares of the company’s stock, valued at approximately $1,326,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Westwood Holdings Group Inc. boosted its stake in The Baldwin Insurance Group by 73.0% during the fourth quarter. Westwood Holdings Group Inc. now owns 3,015,270 shares of the company’s stock valued at $72,427,000 after buying an additional 1,272,353 shares in the last quarter. Confluence Investment Management LLC boosted its position in shares of The Baldwin Insurance Group by 178.6% during the 2nd quarter. Confluence Investment Management LLC now owns 345,789 shares of the company’s stock valued at $12,265,000 after purchasing an additional 221,668 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of The Baldwin Insurance Group by 19.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 988,830 shares of the company’s stock worth $23,753,000 after purchasing an additional 162,347 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of The Baldwin Insurance Group in the 2nd quarter worth approximately $5,177,000. Finally, Vanguard Group Inc. lifted its stake in The Baldwin Insurance Group by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 6,107,277 shares of the company’s stock valued at $146,697,000 after purchasing an additional 111,662 shares during the last quarter. Institutional investors own 70.42% of the company’s stock.

The Baldwin Insurance Group Trading Up 3.3 %

Shares of NASDAQ:BRP opened at $48.22 on Friday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of -52.41, a PEG 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 company has a 50 day moving average price of $42.76 and a 200 day moving average price of $34.87.

The Baldwin Insurance Group 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.