T. Rowe Price Investment Management Inc. decreased its holdings in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 11.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,966,534 shares of the company's stock after selling 876,650 shares during the quarter. T. Rowe Price Investment Management Inc. owned about 7.29% of BrightView worth $111,395,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Rhumbline Advisers increased its stake in BrightView by 1.0% during the fourth quarter. Rhumbline Advisers now owns 82,520 shares of the company's stock worth $1,319,000 after purchasing an additional 831 shares during the period. Envestnet Asset Management Inc. increased its position in shares of BrightView by 5.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 23,937 shares of the company's stock worth $383,000 after acquiring an additional 1,240 shares during the period. New York State Teachers Retirement System boosted its holdings in BrightView by 32.1% in the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock valued at $85,000 after purchasing an additional 1,293 shares during the period. Tower Research Capital LLC TRC increased its holdings in 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 period. Finally, Sterling Capital Management LLC boosted its stake in shares of BrightView by 832.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,864 shares of the company's stock valued at $30,000 after buying an additional 1,664 shares during the period. Hedge funds and other institutional investors own 92.41% of the company's stock.
BrightView Stock Up 1.7 %
Shares of BrightView stock traded up $0.23 during trading on Tuesday, hitting $14.00. 267,378 shares of the stock were exchanged, compared to its average volume of 612,401. BrightView Holdings, Inc. has a 12-month low of $11.21 and a 12-month 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 stock has a market cap of $1.34 billion, a price-to-earnings ratio of 77.78 and a beta of 1.26. The firm's 50-day moving average price is $13.10 and its 200 day moving average price is $15.14.
About BrightView
(
Free Report)
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.
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