Penn Capital Management Company LLC Grows Stock Position in BrightView Holdings, Inc. (NYSE:BV)

Penn Capital Management Company LLC increased its stake in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 49.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 848,584 shares of the company's stock after purchasing an additional 280,393 shares during the period. BrightView accounts for approximately 1.3% of Penn Capital Management Company LLC's investment portfolio, making the stock its 23rd biggest position. Penn Capital Management Company LLC owned approximately 0.89% of BrightView worth $13,569,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Rhumbline Advisers raised its position in shares of BrightView by 1.0% in the fourth quarter. Rhumbline Advisers now owns 82,520 shares of the company's stock valued at $1,319,000 after buying an additional 831 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in BrightView by 5.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 23,937 shares of the company's stock valued at $383,000 after acquiring an additional 1,240 shares during the last quarter. New York State Teachers Retirement System lifted its stake in BrightView by 32.1% in the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock worth $85,000 after purchasing an additional 1,293 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of BrightView by 181.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company's stock worth $37,000 after purchasing an additional 1,475 shares during the last quarter. Finally, Sterling Capital Management LLC grew its position in shares of BrightView by 832.0% in the fourth quarter. Sterling Capital Management LLC now owns 1,864 shares of the company's stock valued at $30,000 after purchasing an additional 1,664 shares in the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.

BrightView Trading Up 0.6 %

BrightView stock traded up $0.08 during trading on Friday, reaching $13.81. 428,337 shares of the company were exchanged, compared to its average volume of 612,838. The stock's 50 day simple moving average is $13.11 and its two-hundred day simple moving average is $15.16. The company has a market capitalization of $1.32 billion, a P/E ratio of 76.72 and a beta of 1.26. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43. BrightView Holdings, Inc. has a 52-week low of $11.21 and a 52-week high of $18.89.

BrightView Company 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.