Millennium Management LLC Buys 463,983 Shares of BrightView Holdings, Inc. (NYSE:BV)

Millennium Management LLC raised its stake in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 96.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 944,584 shares of the company's stock after purchasing an additional 463,983 shares during the quarter. Millennium Management LLC owned 0.99% of BrightView worth $15,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Rhumbline Advisers lifted its position in BrightView by 1.0% during the fourth quarter. Rhumbline Advisers now owns 82,520 shares of the company's stock valued at $1,319,000 after purchasing an additional 831 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of BrightView by 5.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 23,937 shares of the company's stock worth $383,000 after acquiring an additional 1,240 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of BrightView by 4.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,094 shares of the company's stock worth $529,000 after acquiring an additional 1,278 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in shares of BrightView by 32.1% in the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock worth $85,000 after acquiring an additional 1,293 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of BrightView by 181.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company's stock worth $37,000 after acquiring an additional 1,475 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors.

BrightView Trading Down 1.6%

Shares of BV opened at $15.99 on Friday. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 88.82 and a beta of 1.24. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. BrightView Holdings, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $18.89. The firm has a 50 day moving average price of $13.97 and a 200-day moving average price of $15.03.

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, topping analysts' consensus estimates of $0.12 by $0.02. The firm had revenue of $662.60 million during the quarter, compared to analyst estimates of $643.29 million. BrightView had a net margin of 2.64% and a return on equity of 7.86%. The business's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.11 EPS. As a group, equities research analysts forecast that BrightView Holdings, Inc. will post 0.73 earnings per share 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.

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