JPMorgan Chase & Co. Increases Stake in BrightView Holdings, Inc. (NYSE:BV)

JPMorgan Chase & Co. raised its stake in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 263.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 161,056 shares of the company's stock after purchasing an additional 116,758 shares during the quarter. JPMorgan Chase & Co. owned 0.17% of BrightView worth $2,575,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BV. Boston Partners raised its position in BrightView by 514.6% during the 4th quarter. Boston Partners now owns 579,159 shares of the company's stock valued at $9,260,000 after purchasing an additional 484,928 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of BrightView by 18.2% during the third quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company's stock valued at $21,057,000 after buying an additional 206,359 shares during the period. State Street Corp raised its holdings in shares of BrightView by 17.1% during the third quarter. State Street Corp now owns 1,211,909 shares of the company's stock valued at $19,075,000 after acquiring an additional 177,105 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of BrightView by 29.9% during the fourth quarter. New York State Common Retirement Fund now owns 512,666 shares of the company's stock valued at $8,198,000 after acquiring an additional 117,871 shares in the last quarter. Finally, Knights of Columbus Asset Advisors LLC purchased a new stake in BrightView in the fourth quarter worth $1,727,000. Hedge funds and other institutional investors own 92.41% of the company's stock.

BrightView Stock Up 1.6 %

Shares of BrightView stock opened at $13.29 on Wednesday. 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 12-month low of $11.01 and a 12-month high of $18.89. The company has a market cap of $1.27 billion, a P/E ratio of 73.81 and a beta of 1.26. The company's fifty day simple moving average is $13.16 and its two-hundred day simple moving average is $15.22.

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.

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