Today’s Shorts Alert: Is Baldwin & Lyons Class B (NASDAQ:BWINB) a Buy? The Stock Reported more Sellers

November 28, 2016 - By Vivian Park   ·   0 Comments

Today's Shorts Alert: Is Baldwin & Lyons Class B (NASDAQ:BWINB) a Buy? The Stock Reported more Sellers

The stock of Baldwin & Lyons Class B (NASDAQ:BWINB) registered an increase of 2.11% in short interest. BWINB’s total short interest was 101,800 shares in November as published by FINRA. Its up 2.11% from 99,700 shares, reported previously. With 10,800 shares average volume, it will take short sellers 9 days to cover their BWINB’s short positions. The short interest to Baldwin & Lyons Class B’s float is 1.02%. About 1,345 shares traded hands. Baldwin & Lyons Inc (NASDAQ:BWINB) has risen 10.02% since April 25, 2016 and is uptrending. It has outperformed by 4.00% the S&P500.

Baldwin & Lyons, Inc. through its divisions and subsidiaries, is engaged in marketing and underwriting property and casualty insurance, including limited assumption of risks as a reinsurer of other companies. The company has a market cap of $403.19 million. The Firm operates in two divisions: property and casualty insurance, and reinsurance. It has a 14.65 P/E ratio. The property and casualty insurance segment provides multiple line insurance coverage primarily to fleet transportation companies, as well as to independent contractors who contract with fleet transportation companies.

Insitutional Activity: The institutional sentiment increased to 3.2 in 2016 Q2. Its up 2.06, from 1.14 in 2016Q1. The ratio is positive, as 8 funds sold all Baldwin & Lyons Inc shares owned while 20 reduced positions. 6 funds bought stakes while 26 increased positions. They now own 5.83 million shares or 14.47% less from 6.82 million shares in 2016Q1.
Intrepid Incorporated accumulated 408,003 shares or 3.98% of the stock. Geode Capital Mngmt Limited Liability Company has 0% invested in the company for 57,655 shares. Moreover, Great West Life Assurance Company Can has 0% invested in Baldwin & Lyons Inc (NASDAQ:BWINB) for 3,800 shares. The Illinois-based Northern has invested 0% in Baldwin & Lyons Inc (NASDAQ:BWINB). Moreover, California Public Employees Retirement Systems has 0% invested in Baldwin & Lyons Inc (NASDAQ:BWINB) for 22,200 shares. Baker Ellis Asset Mgmt Lc has invested 0.13% of its portfolio in Baldwin & Lyons Inc (NASDAQ:BWINB). Renaissance Techs Ltd Com holds 0.01% of its portfolio in Baldwin & Lyons Inc (NASDAQ:BWINB) for 224,500 shares. Acadian Asset Mgmt Limited Liability has invested 0% of its portfolio in Baldwin & Lyons Inc (NASDAQ:BWINB). Credit Suisse Ag, a Switzerland-based fund reported 15,735 shares. Dimensional Fund Advisors Ltd Partnership, a Texas-based fund reported 1.06M shares. Ameriprise Finance owns 190,708 shares or 0% of their US portfolio. First Manhattan Company accumulated 243,451 shares or 0.04% of the stock. Old Republic Intll Corp holds 0.29% or 266,000 shares in its portfolio. Blackrock has invested 0% of its portfolio in Baldwin & Lyons Inc (NASDAQ:BWINB). Menta Cap Lc has 0.11% invested in the company for 33,404 shares.

BWINB Company Profile

Baldwin & Lyons, Inc. (B&L), incorporated on August 7, 1930, through its divisions and subsidiaries, is engaged in marketing and underwriting property and casualty insurance, including limited assumption of risks as a reinsurer of other companies. The Firm operates in two divisions: property and casualty insurance, and reinsurance. The property and casualty insurance segment provides multiple line insurance coverage primarily to fleet transportation companies, as well as to independent contractors contracting with fleet transportation companies. In addition, the Company provides private passenger automobile products to individuals, workers’ compensation coverage to small businesses and professional liability products on a selective basis. The reinsurance segment accepts professional liability cessions from other insurance companies.

More important recent Baldwin & Lyons Inc (NASDAQ:BWINB) news were published by: Nasdaq.com which released: “Baldwin & Lyons, Inc. (BWINB) Ex-Dividend Date Scheduled for November 18, 2016” on November 17, 2016, also Insurancejournal.com published article titled: “3 Baldwin & Lyons Senior Execs Resign; CEO Cites Differences with Chairman …”, Ibj.com published: “Baldwin & Lyons reports quarterly profit on record premiums” on November 04, 2016. More interesting news about Baldwin & Lyons Inc (NASDAQ:BWINB) was released by: Blogs.Wsj.com and their article: “CFO Moves: Baldwin & Lyons” with publication date: August 31, 2016.

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By Vivian Park


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