Trexquant Investment LP Increases Holdings in BrightView Holdings, Inc. (NYSE:BV)

Trexquant Investment LP increased its position in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 38.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 334,859 shares of the company's stock after purchasing an additional 93,551 shares during the period. Trexquant Investment LP owned 0.35% of BrightView worth $5,354,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BV. Rhumbline Advisers grew its position in BrightView by 1.0% during the 4th quarter. Rhumbline Advisers now owns 82,520 shares of the company's stock valued at $1,319,000 after purchasing an additional 831 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in 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 purchasing an additional 1,056 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in shares of BrightView by 32.1% during the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock valued at $85,000 after purchasing an additional 1,293 shares in the last quarter. Bleakley Financial Group LLC boosted its position in shares of BrightView by 17.3% during the fourth quarter. Bleakley Financial Group LLC now owns 18,689 shares of the company's stock valued at $299,000 after buying an additional 2,752 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in BrightView by 20.5% in the 4th quarter. SG Americas Securities LLC now owns 16,346 shares of the company's stock worth $261,000 after buying an additional 2,783 shares in the last quarter. Institutional investors own 92.41% of the company's stock.

BrightView Stock Performance

NYSE BV traded down $0.47 on Thursday, hitting $12.77. 191,533 shares of the company traded hands, compared to its average volume of 627,527. The business's 50 day moving average price is $13.48 and its 200-day moving average price is $15.36. BrightView Holdings, Inc. has a 52-week low of $10.69 and a 52-week high of $18.89. 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 company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 70.94 and a beta of 1.26.

Wall Street Analyst Weigh In

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