Zions Bancorporation N.A. Has $1.45 Million Holdings in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Zions Bancorporation N.A. grew its holdings in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP) by 18.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,251 shares of the company’s stock after acquiring an additional 6,866 shares during the period. Zions Bancorporation N.A.’s holdings in The Baldwin Insurance Group were worth $1,445,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. First Horizon Advisors Inc. increased its stake in The Baldwin Insurance Group by 31.6% in the second quarter. First Horizon Advisors Inc. now owns 1,415 shares of the company’s stock valued at $50,000 after purchasing an additional 340 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of The Baldwin Insurance Group by 1.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 31,034 shares of the company’s stock worth $1,101,000 after acquiring an additional 361 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of The Baldwin Insurance Group by 5.6% during the third quarter. Verdence Capital Advisors LLC now owns 7,530 shares of the company’s stock worth $246,000 after acquiring an additional 401 shares in the last quarter. Moody National Bank Trust Division increased its position in shares of 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 worth $263,000 after acquiring an additional 440 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in The Baldwin Insurance Group by 5.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,292 shares of the company’s stock worth $542,000 after purchasing an additional 854 shares in the last quarter. 70.42% of the stock is owned by institutional investors.

The Baldwin Insurance Group Trading Down 1.5 %

Shares of BRP stock opened at $44.39 on Friday. The Baldwin Insurance Group, Inc. has a 52-week low of $17.33 and a 52-week high of $33.03. 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 company has a 50-day simple moving average of $48.90 and a two-hundred day simple moving average of $41.29. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of -48.25, a PEG ratio of 0.91 and a beta of 1.54.

About The Baldwin Insurance Group

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.