<div id="readability-page-1"><p>Ossiam lessened its stake in shares of  Brown &amp; Brown, Inc. (NYSE:BRO - Free Report) by 97.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 7,068 shares of the financial services provider's stock after selling 250,431 shares during the quarter. Ossiam's holdings in Brown &amp; Brown were worth $721,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Brown &amp; Brown</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 03/17 - 03/21</li></ul><p>Several other large investors have also recently made changes to their positions in BRO. Kohmann Bosshard Financial Services LLC purchased a new position in  Brown &amp; Brown in the fourth quarter valued at about $28,000.  Y.D. More Investments Ltd grew its position in shares of  Brown &amp; Brown by 122.7% in the 4th quarter. Y.D. More Investments Ltd now owns 294 shares of the financial services provider's stock worth $30,000 after buying an additional 162 shares during the last quarter.  R Squared Ltd bought a new position in shares of  Brown &amp; Brown during the 4th quarter worth approximately $31,000.  SBI Securities Co. Ltd. purchased a new stake in  Brown &amp; Brown during the fourth quarter valued at approximately $37,000.  Finally, Versant Capital Management Inc boosted its stake in  Brown &amp; Brown by 130.7% in the fourth quarter. Versant Capital Management Inc now owns 413 shares of the financial services provider's stock valued at $42,000 after acquiring an additional 234 shares in the last quarter. 71.01% of the stock is owned by institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>Several analysts have recently commented on the company. Wells Fargo &amp; Company increased their price objective on Brown &amp; Brown from $115.00 to $125.00 and gave the company an &#34;overweight&#34; rating in a report on Wednesday, January 29th. Edward Jones began coverage on Brown &amp; Brown in a research note on Wednesday, April 16th. They set a &#34;buy&#34; rating on the stock. Royal Bank of Canada upped their price objective on shares of Brown &amp; Brown from $118.00 to $120.00 and gave the company an &#34;outperform&#34; rating in a report on Wednesday, January 29th. Bank of America boosted their target price on shares of Brown &amp; Brown from $116.00 to $117.00 and gave the stock a &#34;neutral&#34; rating in a research report on Tuesday, January 28th. Finally, Morgan Stanley  reaffirmed an &#34;equal weight&#34; rating and issued a $128.00 price target on shares of Brown &amp; Brown in a report on Tuesday, March 25th. One investment analyst  has rated the stock with a sell rating, six have issued  a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of &#34;Hold&#34; and an average target price of $117.50.</p><ul><li>Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?</li></ul><p><b>View Our Latest Stock Analysis on Brown &amp; Brown</b></p><h2>Brown &amp; Brown Trading Down 3.1 %</h2><p>Brown &amp; Brown stock opened at $113.58 on Tuesday. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.56. The firm has a market cap of $32.48 billion, a PE ratio of 32.83, a P/E/G ratio of 2.93 and a beta of 0.75. The stock's 50 day simple moving average is $117.53 and its two-hundred day simple moving average is $110.19. Brown &amp; Brown, Inc. has a 12 month low of $80.87 and a 12 month high of $125.68. </p><ul><li>Market Shift: These 3 Stocks Are Winning While Big Tech Lags</li></ul><p>Brown &amp; Brown (NYSE:BRO - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The financial services provider reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.10. Brown &amp; Brown had a net margin of 20.68% and a return on equity of 17.81%.  Analysts anticipate that  Brown &amp; Brown, Inc. will post 4.18 earnings per share for the current year. </p><h2>Brown &amp; Brown Announces Dividend</h2><p>The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, February 5th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.53%. The ex-dividend date  was Wednesday, February 5th. Brown &amp; Brown's payout ratio is 17.34%. </p><h2>Brown &amp; Brown Company Profile</h2> (Free Report)<p>Brown &amp; Brown, Inc is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services.</p><h2>See Also</h2><ul><li>Five stocks we like better than Brown &amp; Brown</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>AST SpaceMobile: 5 Reasons to Buy This Tiny Trailblazer Stock</li><li>Ride Out The Recession With These Dividend Kings </li><li>Why Call Option Traders Are Targeting This Dividend ETF Now</li><li>Special Purpose Acquisition Company (SPAC) What You Need to Know </li><li>Is Alphabet Misunderstood? Here’s Why the Bulls Are Buying</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJSTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJSTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Brown &amp; Brown Right Now?</h2><p>Before you consider Brown &amp; Brown, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brown &amp; Brown wasn't on the list.</p><p>While Brown &amp; Brown currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Ossiam has significantly reduced its stake in Brown & Brown, Inc. (NYSE:BRO) by 97.3% in the fourth quarter, now holding 7,068 shares valued at $721,000. Other investors have also adjusted their positions, with several new purchases and increases in holdings. Analysts have set new price targets for the stock, with ratings ranging from sell to buy. Brown & Brown's stock is currently trading at $113.58, with a market cap of $32.48 billion and a recent quarterly earnings report showing earnings per share of $0.86, exceeding estimates.</p>

Ossiam Lowers Stake in Brown & Brown, Inc. (NYSE:BRO)