From MarketBeat:



Investment firm NovaPoint Capital LLC decreased its position in BRP Group, Inc. by 88.7% during the 3rd quarter. The firm sold 395,416 shares, leaving it with 50,534 shares, an estimated value of $1,174,000. In addition, other firms, such as MetLife Investment Management LLC and Sei Investments Co., have made significant changes to their investment positions in BRP Group. This has led to analysts to issue various ratings to the stock, including a “neutral” rating from JPMorgan Chase & Co.

BRP Group stock is currently trading up and is expected to post an annual earnings per share of $0.62. The company, which markets and sells insurance products in the United States, reported $306.27 million in revenue for the last quarter. The company’s earnings per share for the quarter met the consensus estimate of $0.15.

Are you interested in finding out about other hedge funds’ involvement with BRP Group? Visit HoldingsChannel.com. If you want to learn about what other stocks analysts are whispering about, check out the top five stocks being recommended. If you’re interested in finding out about which stocks Wall Street analysts hate, MarketBeat has recently released a list of 20 stocks that they recommend staying away from.



Read more: NovaPoint Capital LLC Sells 395,416 Shares of BRP Group, Inc. (NASDAQ:BRP)