Knights of Columbus Asset Advisors LLC Buys Shares of 108,031 BrightView Holdings, Inc. (NYSE:BV)

Knights of Columbus Asset Advisors LLC purchased a new stake in BrightView Holdings, Inc. (NYSE:BV - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 108,031 shares of the company's stock, valued at approximately $1,727,000. Knights of Columbus Asset Advisors LLC owned about 0.11% of BrightView as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Millburn Ridgefield Corp bought a new position in shares of BrightView during the 3rd quarter valued at approximately $45,000. New York State Teachers Retirement System grew its stake in shares of BrightView by 32.1% in the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock worth $85,000 after buying an additional 1,293 shares in the last quarter. FMR LLC grew its stake in shares of BrightView by 293.4% in the 3rd quarter. FMR LLC now owns 6,884 shares of the company's stock worth $108,000 after buying an additional 5,134 shares in the last quarter. Quest Partners LLC bought a new stake in shares of BrightView in the 3rd quarter worth about $153,000. Finally, XTX Topco Ltd purchased a new stake in shares of BrightView during the 3rd quarter valued at about $184,000. Hedge funds and other institutional investors own 92.41% of the company's stock.

BrightView Trading Up 1.4 %

BV stock traded up $0.19 during mid-day trading on Thursday, reaching $13.22. The company had a trading volume of 431,572 shares, compared to its average volume of 621,684. The firm has a 50 day moving average of $14.21 and a 200 day moving average of $15.56. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43. BrightView Holdings, Inc. has a 12 month low of $10.69 and a 12 month high of $18.89. The company has a market capitalization of $1.26 billion, a PE ratio of 73.42 and a beta of 1.32.

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Analyst Ratings Changes

BV has been the subject of several recent analyst reports. BTIG Research started coverage on shares of BrightView in a research note on Monday, December 2nd. They set a "buy" rating and a $22.00 price objective for the company. Morgan Stanley lifted their price target on shares of BrightView from $15.00 to $16.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 12th. Two research 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's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price 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.