Portolan Capital Management LLC Sells 293,841 Shares of BrightView Holdings, Inc. (NYSE:BV)

Portolan Capital Management LLC lowered its stake in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 47.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 326,674 shares of the company's stock after selling 293,841 shares during the period. Portolan Capital Management LLC owned about 0.34% of BrightView worth $5,224,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in BrightView by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 5,830,873 shares of the company's stock valued at $93,236,000 after acquiring an additional 59,857 shares in the last quarter. Bessemer Group Inc. lifted its position in BrightView by 25.9% in the fourth quarter. Bessemer Group Inc. now owns 1,908,651 shares of the company's stock worth $30,520,000 after purchasing an additional 393,103 shares during the period. Geode Capital Management LLC increased its holdings in BrightView by 18.2% in the 3rd 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 lifted its holdings in shares of BrightView by 17.1% during the 3rd quarter. State Street Corp now owns 1,211,909 shares of the company's stock worth $19,075,000 after acquiring an additional 177,105 shares during the period. Finally, Telemark Asset Management LLC increased its stake in BrightView by 6.3% in the fourth quarter. Telemark Asset Management LLC now owns 850,000 shares of the company's stock valued at $13,592,000 after acquiring an additional 50,000 shares during the period. 92.41% of the stock is owned by institutional investors and hedge funds.

BrightView Price Performance

NYSE BV traded up $0.04 during trading on Friday, reaching $13.43. 541,081 shares of the company traded hands, compared to its average volume of 619,137. BrightView Holdings, Inc. has a 1-year low of $10.76 and a 1-year high of $18.89. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. The stock's 50 day moving average price is $13.21 and its two-hundred day moving average price is $15.25. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 74.59 and a beta of 1.26.

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.