Two Sigma Advisers LP Sells 69,600 Shares of BrightView Holdings, Inc. (NYSE:BV)

Two Sigma Advisers LP lessened its holdings in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 34.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 131,100 shares of the company's stock after selling 69,600 shares during the period. Two Sigma Advisers LP owned 0.14% of BrightView worth $2,096,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in BV. Interval Partners LP bought a new position in BrightView in the 4th quarter valued at about $10,728,000. Boston Partners grew its position in shares of BrightView by 514.6% in the fourth quarter. Boston Partners now owns 579,159 shares of the company's stock valued at $9,260,000 after purchasing an additional 484,928 shares during the last quarter. Millennium Management LLC grew its position in shares of BrightView by 96.5% in the fourth quarter. Millennium Management LLC now owns 944,584 shares of the company's stock valued at $15,104,000 after purchasing an additional 463,983 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in BrightView by 12.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,063,472 shares of the company's stock worth $64,976,000 after purchasing an additional 454,756 shares during the last quarter. Finally, Bessemer Group Inc. lifted its holdings in BrightView by 25.9% during the 4th quarter. Bessemer Group Inc. now owns 1,908,651 shares of the company's stock worth $30,520,000 after purchasing an additional 393,103 shares during the last quarter. Institutional investors own 92.41% of the company's stock.

BrightView Stock Performance

BV traded up $0.03 during trading on Monday, hitting $15.61. The stock had a trading volume of 515,304 shares, compared to its average volume of 579,846. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43. The company has a 50 day moving average price of $14.33 and a 200-day moving average price of $14.90. BrightView Holdings, Inc. has a one year low of $11.81 and a one year high of $18.89. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 86.74 and a beta of 1.24.

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

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.