D. E. Shaw & Co. Inc. Has $3.91 Million Stock Position in BrightView Holdings, Inc. (NYSE:BV)

D. E. Shaw & Co. Inc. trimmed its position in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 15.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,337 shares of the company's stock after selling 43,303 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.26% of BrightView worth $3,907,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Trust Advisors LP acquired a new stake in shares of BrightView during the fourth quarter worth approximately $3,388,000. Knights of Columbus Asset Advisors LLC bought a new position in BrightView during the fourth quarter valued at approximately $1,727,000. Trexquant Investment LP raised its position in BrightView by 38.8% during the fourth quarter. Trexquant Investment LP now owns 334,859 shares of the company's stock valued at $5,354,000 after acquiring an additional 93,551 shares in the last quarter. MetLife Investment Management LLC raised its position in BrightView by 6.9% during the fourth quarter. MetLife Investment Management LLC now owns 35,505 shares of the company's stock valued at $568,000 after acquiring an additional 2,277 shares in the last quarter. Finally, New York State Common Retirement Fund raised its position in BrightView by 29.9% during the fourth quarter. New York State Common Retirement Fund now owns 512,666 shares of the company's stock valued at $8,198,000 after acquiring an additional 117,871 shares in the last quarter. 92.41% of the stock is currently owned by institutional investors and hedge funds.

BrightView Stock Down 1.6%

BV traded down $0.26 during midday trading on Thursday, hitting $15.99. 470,585 shares of the company's stock traded hands, compared to its average volume of 594,034. BrightView Holdings, Inc. has a one year low of $11.81 and a one year high of $18.89. The company has a market cap of $1.52 billion, a PE ratio of 88.82 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. The stock's fifty day simple moving average is $13.91 and its 200-day simple moving average is $15.04.

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