Marshall Wace LLP Sells 54,212 Shares of BrightView Holdings, Inc. (NYSE:BV)

Marshall Wace LLP reduced its stake in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 367,111 shares of the company's stock after selling 54,212 shares during the period. Marshall Wace LLP owned 0.38% of BrightView worth $5,870,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BV. Barclays PLC increased its position in shares of BrightView by 133.6% during the third quarter. Barclays PLC now owns 111,969 shares of the company's stock valued at $1,762,000 after acquiring an additional 64,035 shares in the last quarter. Principal Financial Group Inc. bought a new stake in shares of BrightView in the 3rd quarter worth $723,000. Knights of Columbus Asset Advisors LLC purchased a new position in shares of BrightView in the fourth quarter worth $1,727,000. Geode Capital Management LLC raised its stake in shares of BrightView by 18.2% in the third quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company's stock worth $21,057,000 after purchasing an additional 206,359 shares during the last quarter. Finally, New York State Common Retirement Fund lifted 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 purchasing an additional 117,871 shares in the last quarter. 92.41% of the stock is currently owned by hedge funds and other institutional investors.

BrightView Stock Performance

BV stock traded up $0.08 on Friday, hitting $13.81. The company had a trading volume of 428,337 shares, compared to its average volume of 612,838. 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 $11.21 and a 12-month high of $18.89. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 76.72 and a beta of 1.26. The stock's 50-day simple moving average is $13.11 and its 200 day simple moving average is $15.16.

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.