D. E. Shaw & Co. Inc. Reduces Position in BrightView Holdings, Inc. (NYSE:BV)

D. E. Shaw & Co. Inc. lessened its holdings in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 15.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 244,337 shares of the company's stock after selling 43,303 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.26% of BrightView worth $3,907,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Sterling Capital Management LLC lifted its position in BrightView by 832.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,864 shares of the company's stock worth $30,000 after buying an additional 1,664 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in BrightView by 181.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company's stock valued at $37,000 after purchasing an additional 1,475 shares during the last quarter. NewEdge Advisors LLC bought a new stake in BrightView in the fourth quarter valued at approximately $56,000. New York State Teachers Retirement System lifted its position in BrightView by 32.1% in the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock valued at $85,000 after purchasing an additional 1,293 shares during the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in BrightView in the fourth quarter valued at approximately $179,000. Institutional investors own 92.41% of the company's stock.

BrightView Trading Up 0.1%

BV stock traded up $0.02 during midday trading on Friday, hitting $15.97. The company had a trading volume of 590,960 shares, compared to its average volume of 583,604. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. BrightView Holdings, Inc. has a 52 week low of $11.81 and a 52 week high of $18.89. The stock's 50 day moving average price is $14.03 and its 200 day moving average price is $15.00. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 88.69 and a beta of 1.24.

BrightView (NYSE:BV - Get Free Report) last announced its quarterly earnings data 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. BrightView had a return on equity of 7.86% and a net margin of 2.64%. The firm had revenue of $662.60 million during the quarter, compared to the consensus estimate of $643.29 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The business's revenue was down 1.5% on a year-over-year basis. As a group, equities research analysts expect that BrightView Holdings, Inc. will post 0.73 earnings per share for the current fiscal year.

About BrightView

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.