BrightView Holdings, Inc. (NYSE:BV) Holdings Lifted by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC boosted its holdings in BrightView Holdings, Inc. (NYSE:BV) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 75,524 shares of the company’s stock after acquiring an additional 2,340 shares during the quarter. Los Angeles Capital Management LLC’s holdings in BrightView were worth $1,189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Innealta Capital LLC bought a new stake in shares of BrightView in the 2nd quarter worth approximately $102,000. Kathmere Capital Management LLC acquired a new position in BrightView in the second quarter worth approximately $133,000. Susquehanna Fundamental Investments LLC bought a new position in shares of BrightView in the first quarter valued at $155,000. SG Americas Securities LLC lifted its position in shares of BrightView by 73.1% during the 3rd quarter. SG Americas Securities LLC now owns 13,563 shares of the company’s stock valued at $213,000 after acquiring an additional 5,727 shares during the last quarter. Finally, Caxton Associates LP bought a new stake in shares of BrightView during the 1st quarter worth $201,000. 92.41% of the stock is owned by institutional investors and hedge funds.

BrightView Stock Performance

BV stock opened at $15.81 on Friday. The firm has a 50 day simple moving average of $16.21 and a 200 day simple moving average of $14.64. BrightView Holdings, Inc. has a 52 week low of $6.94 and a 52 week high of $18.89. The stock has a market cap of $1.50 billion, a P/E ratio of 131.76 and a beta of 1.28. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.45 and a current ratio of 1.45.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group raised BrightView from a “hold” rating to a “buy” rating and boosted their target price for the stock from $13.00 to $17.00 in a research report on Wednesday, August 21st. Morgan Stanley initiated coverage on shares of BrightView in a research note on Thursday, August 22nd. They set an “equal weight” rating and a $16.00 price objective for the company. Loop Capital raised shares of BrightView to a “strong-buy” rating in a research report on Tuesday, July 30th. Robert W. Baird upped their price target on shares of BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, The Goldman Sachs Group lifted their price objective on shares of BrightView from $10.00 to $11.30 and gave the stock a “sell” rating in a research report on Friday, August 2nd. Two analysts have rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, BrightView presently has an average rating of “Moderate Buy” and a consensus price target of $15.90.

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.