Balyasny Asset Management L.P. acquired a new stake in BrightView Holdings, Inc. (NYSE:BV - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 25,527 shares of the company's stock, valued at approximately $408,000.
Several other institutional investors have also recently bought and sold shares of BV. Rhumbline Advisers grew its stake in shares of BrightView by 1.0% during the fourth 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. Envestnet Asset Management Inc. boosted its position in BrightView by 5.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 23,937 shares of the company's stock valued at $383,000 after buying an additional 1,240 shares during the last quarter. New York State Teachers Retirement System increased its stake 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 valued at $85,000 after buying an additional 1,293 shares during the period. Tower Research Capital LLC TRC raised its position in shares of BrightView by 181.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company's stock worth $37,000 after acquiring an additional 1,475 shares during the last quarter. Finally, Sterling Capital Management LLC raised its position in shares of BrightView by 832.0% during the fourth quarter. Sterling Capital Management LLC now owns 1,864 shares of the company's stock worth $30,000 after acquiring an additional 1,664 shares during the last quarter. Institutional investors own 92.41% of the company's stock.
BrightView Trading Down 1.2%
BrightView stock traded down $0.20 during mid-day trading on Thursday, hitting $16.06. The stock had a trading volume of 65,390 shares, compared to its average volume of 592,448. The stock has a 50-day simple moving average of $13.91 and a two-hundred day simple moving average of $15.04. 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 stock has a market capitalization of $1.53 billion, a PE ratio of 89.28 and a beta of 1.24. BrightView Holdings, Inc. has a 12 month low of $11.81 and a 12 month high of $18.89.
BrightView (NYSE:BV - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.12 by $0.02. BrightView had a net margin of 2.64% and a return on equity of 7.86%. The company had revenue of $662.60 million during the quarter, compared to analysts' expectations of $643.29 million. During the same quarter in the previous year, the company earned $0.11 EPS. BrightView's revenue was down 1.5% on a year-over-year basis. As a group, sell-side analysts forecast that BrightView Holdings, Inc. will post 0.73 EPS for the current year.
About BrightView
(
Free Report)
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.
Read More

Before you consider BrightView, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BrightView wasn't on the list.
While BrightView currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.