WINTON GROUP Ltd Makes New Investment in Bowman Consulting Group Ltd. (NASDAQ:BWMN)

WINTON GROUP Ltd purchased a new stake in shares of Bowman Consulting Group Ltd. (NASDAQ:BWMN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,194 shares of the company’s stock, valued at approximately $703,000. WINTON GROUP Ltd owned about 0.16% of Bowman Consulting Group at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its holdings in Bowman Consulting Group by 2.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 38,708 shares of the company’s stock valued at $932,000 after purchasing an additional 913 shares during the last quarter. FMR LLC raised its position in shares of Bowman Consulting Group by 5.0% in the third quarter. FMR LLC now owns 2,730,755 shares of the company’s stock valued at $65,757,000 after purchasing an additional 128,981 shares during the period. Quantbot Technologies LP lifted its stake in shares of Bowman Consulting Group by 115.6% during the 3rd quarter. Quantbot Technologies LP now owns 3,893 shares of the company’s stock valued at $94,000 after buying an additional 2,087 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Bowman Consulting Group by 10.8% in the 3rd quarter. Janus Henderson Group PLC now owns 24,306 shares of the company’s stock worth $585,000 after buying an additional 2,370 shares during the period. Finally, Polar Asset Management Partners Inc. grew its stake in Bowman Consulting Group by 16.3% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 482,847 shares of the company’s stock valued at $11,627,000 after buying an additional 67,708 shares in the last quarter. Institutional investors own 63.20% of the company’s stock.

Insider Buying and Selling at Bowman Consulting Group

In other news, insider Robert Alan Hickey sold 2,500 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $22.46, for a total transaction of $56,150.00. Following the sale, the insider now owns 188,177 shares in the company, valued at approximately $4,226,455.42. This trade represents a 1.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 20.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on BWMN shares. B. Riley upgraded Bowman Consulting Group to a “strong-buy” rating in a research report on Tuesday, March 18th. Bank of America cut their target price on Bowman Consulting Group from $36.50 to $30.50 and set a “buy” rating for the company in a research note on Wednesday, March 12th. Finally, Robert W. Baird decreased their price target on Bowman Consulting Group from $29.00 to $28.00 and set an “outperform” rating on the stock in a research report on Thursday, March 13th. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $33.83.

Bowman Consulting Group Trading Up 0.9 %

Shares of BWMN stock opened at $22.68 on Friday. The company has a market capitalization of $391.55 million, a PE ratio of -28.71 and a beta of 1.32. Bowman Consulting Group Ltd. has a 52-week low of $17.90 and a 52-week high of $36.65. The business’s fifty day moving average is $23.00 and its 200 day moving average is $23.89. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.43.

Bowman Consulting Group (NASDAQ:BWMN) last released its quarterly earnings results on Tuesday, March 11th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06). Bowman Consulting Group had a negative net margin of 2.62% and a positive return on equity of 3.76%. The business had revenue of $113.22 million during the quarter, compared to analysts’ expectations of $110.00 million.

About Bowman Consulting Group

Bowman Consulting Group Ltd. provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals.