Public Employees Retirement System of Ohio Sells 22,290 Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Public Employees Retirement System of Ohio reduced its stake in The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 23.3% during the third quarter, according to its most recent filing with the SEC. The fund owned 73,172 shares of the company’s stock after selling 22,290 shares during the quarter. Public Employees Retirement System of Ohio owned 0.06% of The Baldwin Insurance Group worth $2,390,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of The Baldwin Insurance Group in the third quarter worth about $32,000. First Horizon Advisors Inc. grew its stake in The Baldwin Insurance Group by 31.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,415 shares of the company’s stock worth $50,000 after buying an additional 340 shares in the last quarter. HighTower Advisors LLC purchased a new position in The Baldwin Insurance Group in the third quarter worth $131,000. Cyndeo Wealth Partners LLC bought a new position in shares of The Baldwin Insurance Group during the 3rd quarter valued at about $144,000. Finally, ZWJ Investment Counsel Inc. bought a new position in The Baldwin Insurance Group during the third quarter valued at approximately $146,000. Institutional investors own 70.42% of the company’s stock.

The Baldwin Insurance Group Stock Performance

The Baldwin Insurance Group stock opened at $41.37 on Wednesday. The firm has a fifty day simple moving average of $47.66 and a two-hundred day simple moving average of $43.70. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21. The Baldwin Insurance Group, Inc. has a twelve month low of $17.33 and a twelve month high of $33.03. The company has a market capitalization of $4.86 billion, a PE ratio of -44.97, a P/E/G ratio of 0.91 and a beta of 1.54.

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.