Penn Capital Management Company LLC Has $13.57 Million Stock Holdings in BrightView Holdings, Inc. (NYSE:BV)

Penn Capital Management Company LLC boosted its holdings in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 49.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 848,584 shares of the company's stock after acquiring an additional 280,393 shares during the quarter. BrightView makes up approximately 1.3% of Penn Capital Management Company LLC's portfolio, making the stock its 23rd largest holding. Penn Capital Management Company LLC owned 0.89% of BrightView worth $13,569,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in BrightView by 133.6% in the 3rd quarter. Barclays PLC now owns 111,969 shares of the company's stock worth $1,762,000 after purchasing an additional 64,035 shares during the last quarter. Principal Financial Group Inc. bought a new stake in shares of BrightView during the 3rd quarter worth $723,000. Knights of Columbus Asset Advisors LLC acquired a new position in BrightView in the 4th quarter valued at $1,727,000. Geode Capital Management LLC raised its holdings in BrightView by 18.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company's stock worth $21,057,000 after acquiring an additional 206,359 shares during the period. Finally, New York State Common Retirement Fund lifted its position in BrightView by 29.9% during the 4th quarter. New York State Common Retirement Fund now owns 512,666 shares of the company's stock worth $8,198,000 after acquiring an additional 117,871 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.

BrightView Stock Performance

BV stock traded up $0.09 during mid-day trading on Tuesday, reaching $13.86. 76,725 shares of the stock traded hands, compared to its average volume of 611,330. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average of $13.10 and a two-hundred day moving average of $15.14. The firm has a market capitalization of $1.32 billion, a PE ratio of 76.94 and a beta of 1.26. BrightView Holdings, Inc. has a 52 week low of $11.21 and a 52 week high of $18.89.

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.