WINTON GROUP Ltd Purchases Shares of 28,194 Bowman Consulting Group Ltd. (NASDAQ:BWMN)

WINTON GROUP Ltd acquired a new position in Bowman Consulting Group Ltd. (NASDAQ:BWMN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 28,194 shares of the company’s stock, valued at approximately $703,000.

A number of other institutional investors also recently made changes to their positions in the business. Quantbot Technologies LP raised its position in Bowman Consulting Group by 115.6% in the 3rd quarter. Quantbot Technologies LP now owns 3,893 shares of the company’s stock worth $94,000 after purchasing an additional 2,087 shares during the period. SG Americas Securities LLC bought a new stake in shares of Bowman Consulting Group in the 4th quarter valued at about $147,000. Rhumbline Advisers lifted its stake in shares of Bowman Consulting Group by 7.6% in the 4th quarter. Rhumbline Advisers now owns 17,984 shares of the company’s stock valued at $449,000 after acquiring an additional 1,277 shares during the last quarter. Barclays PLC boosted its holdings in Bowman Consulting Group by 210.4% during the 3rd quarter. Barclays PLC now owns 21,341 shares of the company’s stock valued at $513,000 after acquiring an additional 14,466 shares during the period. Finally, Janus Henderson Group PLC grew its position in Bowman Consulting Group by 10.8% during the 3rd quarter. Janus Henderson Group PLC now owns 24,306 shares of the company’s stock worth $585,000 after acquiring an additional 2,370 shares during the last quarter. Hedge funds and other institutional investors own 63.20% of the company’s stock.

Insiders Place Their Bets

In other news, insider Robert Alan Hickey sold 2,500 shares of the business’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. The trade was a 1.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 20.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Robert W. Baird decreased their target price on shares of Bowman Consulting Group from $29.00 to $28.00 and set an “outperform” rating on the stock in a research note on Thursday, March 13th. B. Riley upgraded shares of Bowman Consulting Group to a “strong-buy” rating in a research report on Tuesday, March 18th. Finally, Bank of America lowered their price objective on shares of 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. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $33.83.

Bowman Consulting Group Stock Performance

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

Bowman Consulting Group (NASDAQ:BWMN) last announced its earnings results on Tuesday, March 11th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $113.22 million for the quarter, compared to the consensus estimate of $110.00 million.

Bowman Consulting Group Company Profile

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.