BrightView Holdings, Inc. (NYSE:BV) Shares Sold by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC decreased its holdings in shares of BrightView Holdings, Inc. (NYSE:BV) by 0.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 229,754 shares of the company’s stock after selling 2,081 shares during the period. Rice Hall James & Associates LLC’s holdings in BrightView were worth $3,674,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Rhumbline Advisers boosted its holdings in shares of BrightView by 1.0% during the fourth quarter. Rhumbline Advisers now owns 82,520 shares of the company’s stock worth $1,319,000 after purchasing an additional 831 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of 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 raised its position in shares of BrightView by 32.1% in the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company’s stock worth $85,000 after buying an additional 1,293 shares during the period. Creative Planning raised its position in shares of BrightView by 7.0% in the 3rd quarter. Creative Planning now owns 24,019 shares of the company’s stock worth $378,000 after buying an additional 1,564 shares during the period. Finally, Los Angeles Capital Management LLC raised its position in shares of BrightView by 3.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 75,524 shares of the company’s stock worth $1,189,000 after buying an additional 2,340 shares during the period. Institutional investors and hedge funds own 92.41% of the company’s stock.

BrightView Trading Down 2.4 %

NYSE:BV opened at $14.31 on Wednesday. The business’s 50-day moving average is $15.71 and its two-hundred day moving average is $15.93. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.44. BrightView Holdings, Inc. has a 12 month low of $8.26 and a 12 month high of $18.89. The firm has a market capitalization of $1.37 billion, a PE ratio of 79.50 and a beta of 1.29.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on BV. BTIG Research began coverage on BrightView in a research report on Monday, December 2nd. They issued a “buy” rating and a $22.00 target price on the stock. Robert W. Baird increased their target price on BrightView from $18.00 to $20.00 and gave the stock an “outperform” rating in a research report on Thursday, November 14th. Morgan Stanley increased their target price on BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Loop Capital increased their target price on BrightView from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, William Blair raised BrightView from a “market perform” rating to an “outperform” rating in a research report on Friday, November 15th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $17.11.

About BrightView

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.