Two Sigma Investments LP Reduces Stake in BrightView Holdings, Inc. (NYSE:BV)

Two Sigma Investments LP decreased its position in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) by 47.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,663 shares of the company's stock after selling 95,971 shares during the period. Two Sigma Investments LP owned about 0.11% of BrightView worth $1,706,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. State of Wyoming lifted its stake in BrightView by 132.6% during the 4th quarter. State of Wyoming now owns 16,379 shares of the company's stock worth $262,000 after acquiring an additional 9,338 shares in the last quarter. ProShare Advisors LLC increased its holdings in BrightView by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 16,379 shares of the company's stock worth $262,000 after purchasing an additional 5,389 shares during the period. Millennium Management LLC increased its holdings in BrightView by 96.5% during the 4th quarter. Millennium Management LLC now owns 944,584 shares of the company's stock worth $15,104,000 after purchasing an additional 463,983 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in BrightView by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,094 shares of the company's stock worth $529,000 after purchasing an additional 1,278 shares during the period. Finally, Lazard Asset Management LLC increased its holdings in BrightView by 18.4% during the 4th quarter. Lazard Asset Management LLC now owns 323,585 shares of the company's stock worth $5,174,000 after purchasing an additional 50,221 shares during the period. Institutional investors and hedge funds own 92.41% of the company's stock.

BrightView Stock Down 0.8%

NYSE BV traded down $0.13 during trading hours on Wednesday, hitting $15.72. 262,266 shares of the company were exchanged, compared to its average volume of 578,743. The company has a 50 day moving average of $14.38 and a two-hundred day moving average of $14.91. The company has a quick ratio of 1.43, a current 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 firm has a market cap of $1.50 billion, a price-to-earnings ratio of 87.33 and a beta of 1.24.

BrightView (NYSE:BV - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, topping 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 company had revenue of $662.60 million for the quarter, compared to the consensus estimate of $643.29 million. During the same quarter in the prior year, the business earned $0.11 EPS. BrightView's revenue was down 1.5% on a year-over-year basis. Equities research analysts anticipate 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.