Monimus Capital Management LP Makes New $1.41 Million Investment in BrightView Holdings, Inc. (NYSE:BV)

Monimus Capital Management LP acquired a new position in BrightView Holdings, Inc. (NYSE:BV - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 88,387 shares of the company's stock, valued at approximately $1,413,000. BrightView accounts for approximately 1.3% of Monimus Capital Management LP's portfolio, making the stock its 29th largest holding. Monimus Capital Management LP owned approximately 0.09% of BrightView at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Rhumbline Advisers increased its position in shares of BrightView by 1.0% in the fourth quarter. Rhumbline Advisers now owns 82,520 shares of the company's stock worth $1,319,000 after acquiring an additional 831 shares in the last quarter. BNP Paribas Financial Markets increased its position in BrightView by 4.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company's stock worth $381,000 after buying an additional 1,056 shares during the period. New York State Teachers Retirement System lifted its stake in shares of BrightView by 32.1% in the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock valued at $85,000 after buying an additional 1,293 shares during the period. Los Angeles Capital Management LLC increased its holdings in BrightView by 3.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 75,524 shares of the company's stock valued at $1,189,000 after buying an additional 2,340 shares during the period. Finally, Bleakley Financial Group LLC grew its stake in shares of BrightView by 17.3% in the 4th quarter. Bleakley Financial Group LLC now owns 18,689 shares of the company's stock valued at $299,000 after purchasing an additional 2,752 shares during the period. Institutional investors and hedge funds own 92.41% of the company's stock.

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BrightView Stock Performance

BV stock traded up $0.50 during mid-day trading on Wednesday, hitting $13.52. 511,600 shares of the company were exchanged, compared to its average volume of 627,949. BrightView Holdings, Inc. has a 1-year low of $10.25 and a 1-year high of $18.89. The business has a 50 day simple moving average of $14.47 and a 200-day simple moving average of $15.66. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $1.29 billion, a PE ratio of 75.12 and a beta of 1.32.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BV. Morgan Stanley raised their price target on BrightView from $15.00 to $16.00 and gave the company an "equal weight" rating in a report on Thursday, December 12th. BTIG Research assumed coverage on shares of BrightView in a report on Monday, December 2nd. They set a "buy" rating and a $22.00 price objective for the company. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, BrightView presently has a consensus rating of "Moderate Buy" and an average price target of $17.41.

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.