Dana Investment Advisors Inc. Sells 30,670 Shares of BrightView Holdings, Inc. (NYSE:BV)

Dana Investment Advisors Inc. trimmed its holdings in shares of BrightView Holdings, Inc. (NYSE:BV) by 5.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 535,236 shares of the company’s stock after selling 30,670 shares during the quarter. Dana Investment Advisors Inc. owned about 0.56% of BrightView worth $8,558,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Thompson Siegel & Walmsley LLC lifted its holdings in BrightView by 704.9% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 339,054 shares of the company’s stock worth $5,337,000 after purchasing an additional 296,931 shares during the last quarter. Geode Capital Management LLC lifted 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 worth $21,057,000 after buying an additional 206,359 shares during the last quarter. State Street Corp boosted 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 buying an additional 177,105 shares during the period. Harvey Partners LLC grew its stake in BrightView by 9.1% in the 3rd quarter. Harvey Partners LLC now owns 1,870,000 shares of the company’s stock valued at $29,434,000 after buying an additional 156,500 shares during the last quarter. Finally, Portolan Capital Management LLC raised its holdings in BrightView by 27.9% in the 3rd quarter. Portolan Capital Management LLC now owns 620,515 shares of the company’s stock worth $9,767,000 after acquiring an additional 135,350 shares during the period. 92.41% of the stock is currently owned by institutional investors.

BrightView Stock Performance

NYSE BV opened at $12.51 on Thursday. The stock has a market cap of $1.19 billion, a P/E ratio of 69.47 and a beta of 1.32. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.63. BrightView Holdings, Inc. has a twelve month low of $9.42 and a twelve month high of $18.89. The company’s 50-day simple moving average is $15.03 and its 200 day simple moving average is $15.82.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. William Blair upgraded shares of BrightView from a “market perform” rating to an “outperform” rating in a report on Friday, November 15th. Robert W. Baird raised their target price on BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. BTIG Research initiated coverage on BrightView in a research report on Monday, December 2nd. They issued a “buy” rating and a $22.00 price target on the stock. Morgan Stanley increased their price objective on BrightView from $15.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, The Goldman Sachs Group boosted their target price on shares of BrightView from $11.30 to $12.90 and gave the stock a “sell” rating in a research report on Friday, November 15th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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.