Empowered Funds LLC Buys 24,328 Shares of BrightView Holdings, Inc. (NYSE:BV)

Empowered Funds LLC boosted its holdings in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 5.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 498,185 shares of the company's stock after acquiring an additional 24,328 shares during the period. Empowered Funds LLC owned 0.52% of BrightView worth $7,966,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its holdings in BrightView by 4.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company's stock valued at $381,000 after buying an additional 1,056 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of BrightView by 8.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,896 shares of the company's stock worth $238,000 after purchasing an additional 1,431 shares in the last quarter. Creative Planning grew its holdings in shares of BrightView by 7.0% during the 3rd quarter. Creative Planning now owns 24,019 shares of the company's stock worth $378,000 after purchasing an additional 1,564 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings 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 worth $1,189,000 after purchasing an additional 2,340 shares in the last quarter. Finally, Bleakley Financial Group LLC grew its holdings in shares of BrightView by 17.3% during the 4th quarter. Bleakley Financial Group LLC now owns 18,689 shares of the company's stock worth $299,000 after purchasing an additional 2,752 shares in the last quarter. Institutional investors own 92.41% of the company's stock.

BrightView Price Performance

NYSE:BV traded down $0.06 during trading hours on Friday, hitting $14.68. The company's stock had a trading volume of 646,708 shares, compared to its average volume of 542,344. The stock has a fifty day simple moving average of $15.80 and a 200-day simple moving average of $15.91. The company has a market capitalization of $1.40 billion, a P/E ratio of 81.53 and a beta of 1.29. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.44. BrightView Holdings, Inc. has a twelve month low of $8.26 and a twelve month high of $18.89.

BrightView (NYSE:BV - Get Free Report) last posted its earnings results on Wednesday, November 13th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.28 by $0.02. The firm had revenue of $728.70 million during the quarter, compared to the consensus estimate of $723.01 million. BrightView had a return on equity of 7.86% and a net margin of 2.64%. The business's quarterly revenue was down 2.0% on a year-over-year basis. During the same period last year, the company earned $0.14 earnings per share. On average, analysts anticipate that BrightView Holdings, Inc. will post 0.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BV. Morgan Stanley increased their target price 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 increased their target price on BrightView from $11.30 to $12.90 and gave the stock a "sell" rating in a report on Friday, November 15th. BTIG Research began coverage on BrightView in a report on Monday, December 2nd. They set a "buy" rating and a $22.00 target price on the stock. Loop Capital increased their target price on BrightView from $18.00 to $20.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Finally, William Blair raised BrightView from a "market perform" rating to an "outperform" rating in a report on Friday, November 15th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.11.

BrightView 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.