Boston Partners Buys 484,928 Shares of BrightView Holdings, Inc. (NYSE:BV)

Boston Partners lifted its position in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 514.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 579,159 shares of the company's stock after buying an additional 484,928 shares during the quarter. Boston Partners owned about 0.61% of BrightView worth $9,260,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BV. Thompson Siegel & Walmsley LLC increased its stake in shares of BrightView by 704.9% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 339,054 shares of the company's stock worth $5,337,000 after purchasing an additional 296,931 shares during the last quarter. Geode Capital Management LLC grew its holdings in BrightView by 18.2% during the third quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company's stock worth $21,057,000 after purchasing an additional 206,359 shares during the period. State Street Corp increased its position in BrightView by 17.1% during the third quarter. State Street Corp now owns 1,211,909 shares of the company's stock worth $19,075,000 after buying an additional 177,105 shares during the last quarter. Harvey Partners LLC increased its position in BrightView by 9.1% during the third quarter. Harvey Partners LLC now owns 1,870,000 shares of the company's stock worth $29,434,000 after buying an additional 156,500 shares during the last quarter. Finally, Portolan Capital Management LLC raised its stake in BrightView by 27.9% in the third quarter. Portolan Capital Management LLC now owns 620,515 shares of the company's stock valued at $9,767,000 after buying an additional 135,350 shares during the period. 92.41% of the stock is currently owned by institutional investors and hedge funds.

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BrightView Stock Performance

NYSE BV traded down $0.02 on Tuesday, reaching $13.24. The stock had a trading volume of 465,867 shares, compared to its average volume of 626,508. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43. The company has a market cap of $1.26 billion, a P/E ratio of 73.56 and a beta of 1.32. The firm has a fifty day moving average of $14.32 and a two-hundred day moving average of $15.59. BrightView Holdings, Inc. has a 1-year low of $10.69 and a 1-year high of $18.89.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. BTIG Research assumed coverage on BrightView in a report on Monday, December 2nd. They set a "buy" rating and a $22.00 target price on the stock. Morgan Stanley upped their price objective on shares of BrightView from $15.00 to $16.00 and gave the company an "equal weight" rating in a report on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.41.

BrightView Profile

BrightView Holdings, Inc, through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a suite of recurring commercial landscaping services, including mowing, gardening, mulching and snow removal, water management, irrigation maintenance, tree care, golf course maintenance, and specialty turf maintenance.