Quantbot Technologies LP Sells 32,913 Shares of BrightView Holdings, Inc. (NYSE:BV)

Quantbot Technologies LP reduced its holdings in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 93.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,333 shares of the company's stock after selling 32,913 shares during the quarter. Quantbot Technologies LP's holdings in BrightView were worth $37,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp grew its position 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 valued at $19,075,000 after acquiring an additional 177,105 shares during the period. Barclays PLC grew its holdings in 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 purchasing an additional 64,035 shares during the period. Principal Financial Group Inc. purchased a new stake in BrightView in the third quarter worth $723,000. 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 valued at $21,057,000 after buying an additional 206,359 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in shares of BrightView by 4.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company's stock valued at $381,000 after buying an additional 1,056 shares during the last quarter. Hedge funds and other institutional investors own 92.41% of the company's stock.

Analysts Set New Price Targets

Separately, Morgan Stanley boosted their price objective on BrightView from $15.00 to $16.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, BrightView has an average rating of "Moderate Buy" and an average price target of $17.41.

BrightView Price Performance

NYSE BV traded down $0.27 during trading hours on Friday, hitting $12.31. The company had a trading volume of 940,798 shares, compared to its average volume of 629,413. 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 firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 68.39 and a beta of 1.26. BrightView Holdings, Inc. has a 52 week low of $10.69 and a 52 week high of $18.89. The firm has a 50 day simple moving average of $13.79 and a 200 day simple moving average of $15.46.

BrightView Company 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.