WINTON GROUP Ltd Invests $703,000 in Bowman Consulting Group Ltd. (NASDAQ:BWMN)

WINTON GROUP Ltd acquired a new stake in Bowman Consulting Group Ltd. (NASDAQ:BWMN - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 28,194 shares of the company's stock, valued at approximately $703,000. WINTON GROUP Ltd owned approximately 0.16% of Bowman Consulting Group at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Geode Capital Management LLC lifted its position in Bowman Consulting Group by 9.0% during the third quarter. Geode Capital Management LLC now owns 326,306 shares of the company's stock valued at $7,859,000 after buying an additional 27,056 shares in the last quarter. Barclays PLC lifted its holdings in shares of 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 in the last quarter. State Street Corp boosted its position in Bowman Consulting Group by 5.8% during the 3rd quarter. State Street Corp now owns 255,259 shares of the company's stock worth $6,147,000 after purchasing an additional 13,904 shares during the period. FMR LLC increased its holdings in Bowman Consulting Group by 5.0% in the 3rd 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 in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Bowman Consulting Group by 1.9% during the fourth quarter. Bank of New York Mellon Corp now owns 32,031 shares of the company's stock worth $799,000 after purchasing an additional 586 shares in the last quarter. Hedge funds and other institutional investors own 63.20% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on BWMN shares. Bank of America dropped their target price on Bowman Consulting Group from $36.50 to $30.50 and set a "buy" rating on the stock in a report on Wednesday, March 12th. Robert W. Baird lowered their price objective on shares of Bowman Consulting Group from $29.00 to $28.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Finally, B. Riley raised shares of Bowman Consulting Group to a "strong-buy" rating in a research report on Tuesday, March 18th. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $33.83.

Bowman Consulting Group Stock Down 6.9 %

NASDAQ BWMN traded down $1.51 during mid-day trading on Thursday, reaching $20.42. 51,715 shares of the company's stock traded hands, compared to its average volume of 95,032. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.16. Bowman Consulting Group Ltd. has a 1-year low of $17.90 and a 1-year high of $36.65. The company has a fifty day simple moving average of $22.75 and a 200-day simple moving average of $23.87. The company has a market cap of $352.53 million, a price-to-earnings ratio of -25.85 and a beta of 1.32.

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

Insider Activity

In related news, insider Robert Alan Hickey sold 2,500 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $22.46, for a total value of $56,150.00. Following the completion of the sale, the insider now directly owns 188,177 shares of the company's stock, valued at $4,226,455.42. The trade was a 1.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 20.40% of the company's stock.

Bowman Consulting Group 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.