Wells Fargo & Company MN Grows Position in Baldwin & Lyons Inc (BWINB)

Wells Fargo & Company MN increased its position in Baldwin & Lyons Inc (NASDAQ:BWINB) by 43.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 70,478 shares of the insurance provider’s stock after purchasing an additional 21,516 shares during the period. Wells Fargo & Company MN owned 0.47% of Baldwin & Lyons worth $1,590,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Baldwin & Lyons by 21.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 10,215 shares of the insurance provider’s stock valued at $251,000 after purchasing an additional 1,799 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Baldwin & Lyons by 9.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,050 shares of the insurance provider’s stock valued at $271,000 after purchasing an additional 943 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Baldwin & Lyons by 7.7% in the 2nd quarter. Alliancebernstein L.P. now owns 12,650 shares of the insurance provider’s stock valued at $310,000 after purchasing an additional 900 shares during the last quarter. Teachers Advisors LLC lifted its holdings in shares of Baldwin & Lyons by 5.6% in the 2nd quarter. Teachers Advisors LLC now owns 15,656 shares of the insurance provider’s stock valued at $384,000 after purchasing an additional 836 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Baldwin & Lyons by 12.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 27,020 shares of the insurance provider’s stock valued at $662,000 after purchasing an additional 2,900 shares during the last quarter. 48.17% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on BWINB shares. BidaskClub raised Baldwin & Lyons from a “sell” rating to a “hold” rating in a research note on Saturday, January 20th. TheStreet raised Baldwin & Lyons from a “c+” rating to a “b-” rating in a research note on Wednesday, November 29th.

Shares of Baldwin & Lyons Inc (NASDAQ BWINB) traded up $0.10 during mid-day trading on Friday, hitting $23.05. The stock had a trading volume of 18,627 shares, compared to its average volume of 16,859. Baldwin & Lyons Inc has a fifty-two week low of $21.20 and a fifty-two week high of $25.40.

Baldwin & Lyons (NASDAQ:BWINB) last released its quarterly earnings results on Wednesday, November 8th. The insurance provider reported $0.24 earnings per share for the quarter. The business had revenue of $94.53 million for the quarter. Baldwin & Lyons had a negative return on equity of 1.83% and a net margin of 1.99%.

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Baldwin & Lyons Company Profile

Baldwin & Lyons, Inc is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies.

Institutional Ownership by Quarter for Baldwin & Lyons (NASDAQ:BWINB)

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