Shares of BrightView Holdings, Inc. (NYSE:BV - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $13.02, but opened at $13.53. BrightView shares last traded at $13.30, with a volume of 31,619 shares.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Morgan Stanley lifted their target price on BrightView from $15.00 to $16.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 12th. BTIG Research assumed coverage on BrightView in a report on Monday, December 2nd. They set a "buy" rating and a $22.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, BrightView has a consensus rating of "Moderate Buy" and a consensus price target of $17.41.
Get Our Latest Stock Report on BrightView
BrightView Stock Down 2.0 %
The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. The firm's 50-day moving average is $14.36 and its two-hundred day moving average is $15.61. The stock has a market cap of $1.25 billion, a P/E ratio of 72.81 and a beta of 1.32.
Institutional Trading of BrightView
Several institutional investors and hedge funds have recently made changes to their positions in BV. Principal Financial Group Inc. acquired a new position in shares of BrightView in the 3rd quarter valued at $723,000. Natixis Advisors LLC grew its holdings in shares of BrightView by 49.1% in the 3rd quarter. Natixis Advisors LLC now owns 74,222 shares of the company's stock valued at $1,168,000 after buying an additional 24,443 shares during the period. Quest Partners LLC acquired a new position in shares of BrightView in the 3rd quarter valued at $153,000. Intech Investment Management LLC acquired a new position in shares of BrightView in the 3rd quarter valued at $251,000. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of BrightView by 71.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 30,641 shares of the company's stock valued at $482,000 after buying an additional 12,745 shares during the period. Institutional investors own 92.41% of the company's stock.
About BrightView
(
Get 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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