Bridgeway Capital Management LLC Buys 24,328 Shares of BrightView Holdings, Inc. (NYSE:BV)

Bridgeway Capital Management LLC raised its stake in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 2.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,132,685 shares of the company's stock after purchasing an additional 24,328 shares during the quarter. Bridgeway Capital Management LLC owned 1.19% of BrightView worth $18,112,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in BV. Balyasny Asset Management L.P. bought a new position in BrightView in the fourth quarter worth about $408,000. Manatuck Hill Partners LLC boosted its position in shares of BrightView by 19.0% during the fourth quarter. Manatuck Hill Partners LLC now owns 250,000 shares of the company's stock valued at $3,998,000 after purchasing an additional 40,000 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in BrightView in the fourth quarter worth $603,000. Jane Street Group LLC raised its holdings in BrightView by 14.4% in the fourth quarter. Jane Street Group LLC now owns 48,310 shares of the company's stock worth $772,000 after purchasing an additional 6,067 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new position in BrightView during the fourth quarter valued at $1,321,000. Institutional investors own 92.41% of the company's stock.

BrightView Stock Up 0.1 %

NYSE:BV traded up $0.01 during mid-day trading on Friday, hitting $15.78. 2,192,958 shares of the company's stock were exchanged, compared to its average volume of 606,971. BrightView Holdings, Inc. has a one year low of $11.81 and a one year high of $18.89. The business has a fifty day moving average price of $13.32 and a 200 day moving average price of $15.02. The company has a market cap of $1.50 billion, a PE ratio of 87.67 and a beta of 1.24. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43.

BrightView (NYSE:BV - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The firm had revenue of $662.60 million during the quarter, compared to the consensus estimate of $643.29 million. BrightView had a return on equity of 7.86% and a net margin of 2.64%. The company's revenue was down 1.5% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. Equities analysts predict that BrightView Holdings, Inc. will post 0.73 EPS for the current year.

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.