BrightView Holdings, Inc. (NYSE:BV) Holdings Decreased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its holdings in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 21.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 676,101 shares of the company's stock after selling 187,091 shares during the period. Charles Schwab Investment Management Inc. owned 0.71% of BrightView worth $10,811,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BV. Principal Financial Group Inc. acquired a new stake in BrightView in the third quarter worth $723,000. Natixis Advisors LLC increased 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 worth $1,168,000 after acquiring an additional 24,443 shares during the period. Quest Partners LLC bought a new stake in BrightView in the 3rd quarter valued at about $153,000. Intech Investment Management LLC acquired a new position in BrightView during the 3rd quarter valued at about $251,000. Finally, The Manufacturers Life Insurance Company grew its position in BrightView by 71.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 30,641 shares of the company's stock worth $482,000 after purchasing an additional 12,745 shares during the last quarter. Institutional investors and hedge funds own 92.41% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Morgan Stanley boosted their price target on shares of 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 began coverage on BrightView in a research report on Monday, December 2nd. They issued a "buy" rating and a $22.00 target price for the company. Two analysts have rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $17.41.

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BrightView Trading Down 1.9 %

Shares of BrightView stock traded down $0.25 on Wednesday, reaching $13.00. 503,923 shares of the company were exchanged, compared to its average volume of 623,286. BrightView Holdings, Inc. has a fifty-two week low of $10.69 and a fifty-two week high of $18.89. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 72.19 and a beta of 1.32. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. The stock has a fifty day moving average price of $14.27 and a 200-day moving average price of $15.58.

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.