1,691 Shares in Bowman Consulting Group Ltd. (NASDAQ:BWMN) Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets purchased a new position in Bowman Consulting Group Ltd. (NASDAQ:BWMN) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,691 shares of the company’s stock, valued at approximately $42,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in Bowman Consulting Group in the 4th quarter worth approximately $147,000. Wells Fargo & Company MN increased its holdings in Bowman Consulting Group by 55.0% in the 4th quarter. Wells Fargo & Company MN now owns 6,524 shares of the company’s stock worth $163,000 after buying an additional 2,316 shares during the period. Comerica Bank grew its stake in shares of Bowman Consulting Group by 12.8% during the 4th quarter. Comerica Bank now owns 10,781 shares of the company’s stock worth $269,000 after purchasing an additional 1,220 shares during the period. Voya Investment Management LLC grew its stake in shares of Bowman Consulting Group by 31.2% during the 4th quarter. Voya Investment Management LLC now owns 12,810 shares of the company’s stock worth $320,000 after purchasing an additional 3,043 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its stake in shares of Bowman Consulting Group by 51.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,303 shares of the company’s stock worth $357,000 after purchasing an additional 4,844 shares during the period. Institutional investors and hedge funds own 63.20% of the company’s stock.

Bowman Consulting Group Trading Up 0.6%

Shares of NASDAQ:BWMN opened at $25.54 on Wednesday. Bowman Consulting Group Ltd. has a 1 year low of $17.90 and a 1 year high of $36.65. The firm has a market capitalization of $440.13 million, a price-to-earnings ratio of -32.33 and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.43 and a quick ratio of 1.43. The business’s 50 day moving average price is $23.34 and its 200-day moving average price is $24.06.

Bowman Consulting Group (NASDAQ:BWMN) last announced its earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.21). Bowman Consulting Group had a negative net margin of 2.62% and a positive return on equity of 3.76%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on BWMN shares. Wall Street Zen cut shares of Bowman Consulting Group from a “buy” rating to a “hold” rating in a research note on Sunday. Robert W. Baird raised their price objective on shares of Bowman Consulting Group from $28.00 to $29.00 and gave the stock an “outperform” rating in a research note on Thursday, May 8th. Bank of America dropped their price objective on shares of Bowman Consulting Group from $36.50 to $30.50 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. Finally, B. Riley raised shares of Bowman Consulting Group to a “strong-buy” rating in a research note on Tuesday, March 18th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $34.17.

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.