BrightView Holdings, Inc. (NYSE:BV) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC cut its position in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 32.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,004 shares of the company's stock after selling 24,520 shares during the period. Los Angeles Capital Management LLC owned 0.05% of BrightView worth $816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Creative Planning raised its holdings in BrightView by 7.0% in the 3rd quarter. Creative Planning now owns 24,019 shares of the company's stock valued at $378,000 after acquiring an additional 1,564 shares during the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of BrightView by 150.5% in the third quarter. Harbor Capital Advisors Inc. now owns 632,394 shares of the company's stock valued at $9,954,000 after purchasing an additional 379,916 shares during the last quarter. Principal Financial Group Inc. purchased a new position in BrightView during the third quarter worth approximately $723,000. GSA Capital Partners LLP acquired a new position in BrightView during the third quarter worth $404,000. Finally, Empowered Funds LLC grew its holdings in BrightView by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 473,857 shares of the company's stock valued at $7,459,000 after buying an additional 24,120 shares in the last quarter. 92.41% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BV has been the topic of several analyst reports. The Goldman Sachs Group lifted their price target on BrightView from $11.30 to $12.90 and gave the stock a "sell" rating in a report on Friday, November 15th. Robert W. Baird boosted their target price on shares of BrightView from $18.00 to $20.00 and gave the company an "outperform" rating in a report on Thursday, November 14th. William Blair raised shares of BrightView from a "market perform" rating to an "outperform" rating in a research note on Friday, November 15th. BTIG Research assumed coverage on shares of BrightView in a research report on Monday, December 2nd. They set a "buy" rating and a $22.00 price target on the stock. Finally, Loop Capital upped their price objective on BrightView from $18.00 to $20.00 and gave the company a "buy" rating in a report on Friday, November 15th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, BrightView currently has a consensus rating of "Moderate Buy" and an average price target of $17.41.

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BrightView Trading Down 0.8 %

Shares of NYSE:BV traded down $0.10 during mid-day trading on Thursday, reaching $12.41. 301,447 shares of the company were exchanged, compared to its average volume of 596,369. BrightView Holdings, Inc. has a 1 year low of $9.55 and a 1 year high of $18.89. 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 firm's 50-day simple moving average is $15.03 and its 200 day simple moving average is $15.82. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 68.94 and a beta of 1.32.

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.