Teacher Retirement System of Texas Sells 31,805 Shares of BrightView Holdings, Inc. (NYSE:BV)

Teacher Retirement System of Texas reduced its position in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 23.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 106,240 shares of the company's stock after selling 31,805 shares during the quarter. Teacher Retirement System of Texas owned about 0.11% of BrightView worth $1,699,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rhumbline Advisers lifted its position in shares of BrightView by 1.0% during the 4th quarter. Rhumbline Advisers now owns 82,520 shares of the company's stock worth $1,319,000 after buying an additional 831 shares during the last quarter. BNP Paribas Financial Markets raised its stake in BrightView by 4.6% during the third quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company's stock worth $381,000 after acquiring an additional 1,056 shares in the last quarter. New York State Teachers Retirement System lifted its holdings 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 worth $85,000 after acquiring an additional 1,293 shares during the last quarter. Bleakley Financial Group LLC boosted 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 in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of BrightView by 20.5% during the 4th quarter. SG Americas Securities LLC now owns 16,346 shares of the company's stock valued at $261,000 after purchasing an additional 2,783 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

BV has been the subject of several research reports. Morgan Stanley increased their price objective on shares of BrightView from $15.00 to $16.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. BTIG Research initiated coverage on shares of BrightView in a report on Monday, December 2nd. They set a "buy" rating and a $22.00 price target for the company. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $17.41.

BrightView Trading Up 0.4 %

Shares of BrightView stock traded up $0.05 during midday trading on Monday, reaching $12.83. The company had a trading volume of 571,465 shares, compared to its average volume of 636,910. The stock has a fifty day moving average price of $14.03 and a 200 day moving average price of $15.53. BrightView Holdings, Inc. has a fifty-two week low of $10.69 and a fifty-two week high of $18.89. The firm has a market cap of $1.22 billion, a PE ratio of 71.25 and a beta of 1.32. 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 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.