BrightView Holdings, Inc. (NYSE:BV) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. cut its position in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 535,236 shares of the company's stock after selling 30,670 shares during the quarter. Dana Investment Advisors Inc. owned 0.56% of BrightView worth $8,558,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning grew its position in BrightView by 7.0% in the 3rd quarter. Creative Planning now owns 24,019 shares of the company's stock valued at $378,000 after acquiring an additional 1,564 shares in the last quarter. Principal Financial Group Inc. purchased a new position in shares of BrightView in the third quarter valued at approximately $723,000. Los Angeles Capital Management LLC grew its holdings in shares of BrightView by 3.2% in the third quarter. Los Angeles Capital Management LLC now owns 75,524 shares of the company's stock valued at $1,189,000 after purchasing an additional 2,340 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in BrightView during the 3rd quarter worth approximately $404,000. Finally, Empowered Funds LLC increased its stake in BrightView by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 473,857 shares of the company's stock worth $7,459,000 after buying an additional 24,120 shares during the period. Hedge funds and other institutional investors own 92.41% of the company's stock.

BrightView Stock Down 0.2 %

Shares of NYSE:BV traded down $0.03 on Friday, hitting $12.38. 898,497 shares of the company's stock were exchanged, compared to its average volume of 614,309. BrightView Holdings, Inc. has a 1-year low of $9.55 and a 1-year high of $18.89. The company has a market capitalization of $1.18 billion, a PE ratio of 68.75 and a beta of 1.32. 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 $14.87 and its 200 day moving average is $15.79.

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Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. BTIG Research initiated coverage on shares of BrightView in a research report on Monday, December 2nd. They issued a "buy" rating and a $22.00 price target for the company. William Blair raised BrightView from a "market perform" rating to an "outperform" rating in a research note on Friday, November 15th. Morgan Stanley upped their price target on BrightView from $15.00 to $16.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th. The Goldman Sachs Group lifted their price objective on BrightView from $11.30 to $12.90 and gave the company a "sell" rating in a research note on Friday, November 15th. Finally, Robert W. Baird upped their target price on shares of BrightView from $18.00 to $20.00 and gave the stock an "outperform" rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, BrightView currently has a consensus rating of "Moderate Buy" and an average price target of $17.41.

About BrightView

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.