Barclays PLC Raises Holdings in Bowman Consulting Group Ltd. (NASDAQ:BWMN)

Barclays PLC increased its position in Bowman Consulting Group Ltd. (NASDAQ:BWMN) by 210.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 21,341 shares of the company’s stock after purchasing an additional 14,466 shares during the period. Barclays PLC owned 0.12% of Bowman Consulting Group worth $513,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. State Street Corp raised 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 buying an additional 13,904 shares during the last quarter. Polar Asset Management Partners Inc. increased its stake in shares of Bowman Consulting Group by 16.3% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 482,847 shares of the company’s stock worth $11,627,000 after purchasing an additional 67,708 shares in the last quarter. Janus Henderson Group PLC lifted its position in shares of Bowman Consulting Group by 10.8% in the third quarter. Janus Henderson Group PLC now owns 24,306 shares of the company’s stock valued at $585,000 after acquiring an additional 2,370 shares in the last quarter. Quantbot Technologies LP boosted its position in Bowman Consulting Group by 115.6% during the third quarter. Quantbot Technologies LP now owns 3,893 shares of the company’s stock worth $94,000 after acquiring an additional 2,087 shares during the last quarter. Finally, FMR LLC lifted its position in Bowman Consulting Group by 5.0% during the third quarter. FMR LLC now owns 2,730,755 shares of the company’s stock worth $65,757,000 after buying an additional 128,981 shares during the period. 63.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird decreased their target price on Bowman Consulting Group from $29.00 to $27.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Bowman Consulting Group currently has a consensus rating of “Buy” and an average target price of $39.70.

Insider Activity

In other news, Director Stephen A. Riddick sold 2,288 shares of the stock in a transaction on Friday, December 6th. The shares were sold at an average price of $28.60, for a total transaction of $65,436.80. Following the transaction, the director now owns 20,248 shares in the company, valued at $579,092.80. This represents a 10.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert Alan Hickey sold 1,444 shares of the firm’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $22.09, for a total transaction of $31,897.96. Following the transaction, the insider now owns 196,888 shares in the company, valued at $4,349,255.92. This represents a 0.73 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,788 shares of company stock worth $120,641 in the last ninety days. Corporate insiders own 20.40% of the company’s stock.

Bowman Consulting Group Stock Performance

Shares of NASDAQ:BWMN opened at $24.95 on Friday. Bowman Consulting Group Ltd. has a 1-year low of $19.92 and a 1-year high of $42.90. The stock has a market capitalization of $437.37 million, a price-to-earnings ratio of -31.58 and a beta of 1.26. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.43 and a current ratio of 1.43. The company has a 50 day moving average price of $25.15 and a 200 day moving average price of $26.41.

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.