Nuveen Asset Management LLC Has $2.07 Million Stock Holdings in BrightView Holdings, Inc. (NYSE:BV)

Nuveen Asset Management LLC reduced its stake in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 75.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,172 shares of the company's stock after selling 389,220 shares during the quarter. Nuveen Asset Management LLC owned about 0.14% of BrightView worth $2,065,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Sterling Capital Management LLC increased its position in shares of BrightView by 832.0% in the 4th quarter. Sterling Capital Management LLC now owns 1,864 shares of the company's stock valued at $30,000 after buying an additional 1,664 shares in the last quarter. Tower Research Capital LLC TRC grew its stake 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 acquiring an additional 1,475 shares during the period. NewEdge Advisors LLC bought a new stake in shares of BrightView in the fourth quarter worth about $56,000. New York State Teachers Retirement System raised its position in shares of BrightView by 32.1% during the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company's stock worth $85,000 after purchasing an additional 1,293 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of BrightView during the fourth quarter worth about $179,000. 92.41% of the stock is currently owned by institutional investors and hedge funds.

BrightView Stock Up 0.9%

Shares of BV traded up $0.15 on Friday, hitting $16.55. The company's stock had a trading volume of 1,072,267 shares, compared to its average volume of 585,814. The firm's fifty day moving average price is $14.58 and its 200-day moving average price is $14.92. BrightView Holdings, Inc. has a fifty-two week low of $11.81 and a fifty-two week high of $18.89. 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 firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 91.94 and a beta of 1.26.

BrightView (NYSE:BV - Get Free Report) last released its quarterly earnings results 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 net margin of 2.64% and a return on equity of 7.86%. The company had revenue of $662.60 million during the quarter, compared to analysts' expectations of $643.29 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. The business's quarterly revenue was down 1.5% compared to the same quarter last year. On average, equities research analysts expect that BrightView Holdings, Inc. will post 0.73 EPS for the current year.

BrightView 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.