ExodusPoint Capital Management LP acquired a new position in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 264,964 shares of the company's stock, valued at approximately $4,237,000. ExodusPoint Capital Management LP owned approximately 0.28% of BrightView as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. New York State Teachers Retirement System boosted its position in shares of BrightView by 32.1% during the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock valued at $85,000 after acquiring an additional 1,293 shares during the last quarter. FMR LLC raised its holdings in shares of BrightView by 293.4% during the 3rd quarter. FMR LLC now owns 6,884 shares of the company's stock valued at $108,000 after buying an additional 5,134 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of BrightView in the 4th quarter worth approximately $179,000. XTX Topco Ltd purchased a new stake in shares of BrightView in the 3rd quarter valued at $184,000. Finally, Centiva Capital LP purchased a new stake in BrightView during the third quarter valued at about $195,000. Institutional investors own 92.41% of the company's stock.
BrightView Trading Up 2.0 %
BrightView stock traded up $0.26 during mid-day trading on Friday, reaching $13.18. 396,198 shares of the company traded hands, compared to its average volume of 625,440. The firm's 50 day moving average price is $13.37 and its 200 day moving average price is $15.33. BrightView Holdings, Inc. has a 52-week low of $10.69 and a 52-week high of $18.89. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 73.21 and a beta of 1.26.
Wall Street Analyst Weigh In
Separately, 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. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, BrightView has a consensus rating of "Moderate Buy" and an average target price of $17.41.
Get Our Latest Stock Analysis on BrightView
BrightView Company 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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