2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. raised its stake in shares of Bowman Consulting Group Ltd. ( NASDAQ:BWMN – Free Report ) by 38.
3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 117,665 shares of the company’s stock after buying an additional 32,572 shares during the period.
Russell Investments Group Ltd.’s holdings in Bowman Consulting Group were worth $2,936,000 at the end of the most recent reporting period. Several other hedge funds also recently bought and sold shares of the stock.
Swedbank AB purchased a new position in shares of Bowman Consulting Group during the fourth quarter valued at approximately $4,990,000. Summit Creek Advisors LLC raised its holdings in Bowman Consulting Group by 14.3% in the 4th quarter.
Summit Creek Advisors LLC now owns 373,443 shares of the company’s stock valued at $9,317,000 after acquiring an additional 46,816 shares during the last quarter. WINTON GROUP Ltd acquired a new position in Bowman Consulting Group in the 4th quarter valued at $703,000. Geode Capital Management LLC lifted its stake in shares of Bowman Consulting Group by 9.
0% during the 3rd quarter. Geode Capital Management LLC now owns 326,306 shares of the company’s stock worth $7,859,000 after purchasing an additional 27,056 shares during the period. Finally, Ovata Capital Management Ltd boosted its holdings in shares of Bowman Consulting Group by 33.
4% during the fourth quarter. Ovata Capital Management Ltd now owns 99,800 shares of the company’s stock worth $2,490,000 after purchasing an additional 25,000 shares during the last quarter. Hedge funds and other institutional investors own 63.
20% of the company’s stock. Analysts Set New Price Targets Several equities analysts recently commented on the company. B.
Riley upgraded Bowman Consulting Group to a “strong-buy” rating in a research note on Tuesday, March 18th. Bank of America lowered their price target on Bowman Consulting Group from $36.50 to $30.
50 and set a “buy” rating for the company in a report on Wednesday, March 12th. Finally, Robert W. Baird cut their price objective on shares of Bowman Consulting Group from $29.
00 to $28.00 and set an “outperform” rating on the stock in a report on Thursday, March 13th. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company.
According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $33.83. Insider Transactions at Bowman Consulting Group In related news, insider Robert Alan Hickey sold 2,500 shares of Bowman Consulting Group 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link . Company insiders own 20.
40% of the company’s stock. Bowman Consulting Group Trading Up 1.4 % BWMN stock opened at $22.
23 on Friday. The company has a quick ratio of 1.43, a current ratio of 1.
43 and a debt-to-equity ratio of 0.16. The company has a market cap of $383.
78 million, a price-to-earnings ratio of -28.14 and a beta of 1.24.
The business has a fifty day simple moving average of $21.90 and a 200-day simple moving average of $23.69.
Bowman Consulting Group Ltd. has a 52 week low of $17.90 and a 52 week high of $36.
65. Bowman Consulting Group ( NASDAQ:BWMN – Get Free Report ) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.
33 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.06).
The firm had revenue of $113.22 million for the quarter, compared to analyst estimates of $110.00 million.
Bowman Consulting Group had a positive return on equity of 3.76% and a negative net margin of 2.62%.
Bowman Consulting Group Profile ( Free Report ) 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.
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