Cooke & Bieler LP trimmed its holdings in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,820,295 shares of the company's stock after selling 64,450 shares during the period. Cooke & Bieler LP owned about 1.91% of BrightView worth $29,107,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. bought a new stake in shares of BrightView during the third quarter valued at approximately $723,000. Los Angeles Capital Management LLC raised its position in shares of BrightView by 3.2% during the 3rd quarter. Los Angeles Capital Management LLC now owns 75,524 shares of the company's stock valued at $1,189,000 after buying an additional 2,340 shares in the last quarter. GSA Capital Partners LLP bought a new position in BrightView in the 3rd quarter worth about $404,000. Empowered Funds LLC boosted its stake in shares of BrightView by 5.4% during the third quarter. Empowered Funds LLC now owns 473,857 shares of the company's stock valued at $7,459,000 after purchasing an additional 24,120 shares in the last quarter. Finally, Natixis Advisors LLC boosted its stake in BrightView by 49.1% in the third quarter. Natixis Advisors LLC now owns 74,222 shares of the company's stock valued at $1,168,000 after acquiring an additional 24,443 shares in the last quarter. 92.41% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
BV has been the topic of several analyst reports. Loop Capital increased their price target on BrightView from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Morgan Stanley lifted their price target on BrightView from $15.00 to $16.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 12th. Robert W. Baird increased their price objective on BrightView from $18.00 to $20.00 and gave the company an "outperform" rating in a research note on Thursday, November 14th. William Blair upgraded BrightView from a "market perform" rating to an "outperform" rating in a report on Friday, November 15th. Finally, BTIG Research assumed coverage on shares of 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 assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, BrightView has a consensus rating of "Moderate Buy" and an average price target of $17.41.
Get Our Latest Report on BV
BrightView Trading Down 0.7 %
Shares of BV stock opened at $12.29 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. BrightView Holdings, Inc. has a twelve month low of $9.55 and a twelve month high of $18.89. The company's 50-day moving average price is $14.80 and its 200-day moving average price is $15.77. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 68.29 and a beta of 1.32.
BrightView Profile
(
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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