Lazard Asset Management LLC Grows Stock Holdings in BrightView Holdings, Inc. (NYSE:BV)

Lazard Asset Management LLC increased its holdings in BrightView Holdings, Inc. (NYSE:BV - Free Report) by 18.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 323,585 shares of the company's stock after purchasing an additional 50,221 shares during the quarter. Lazard Asset Management LLC owned approximately 0.34% of BrightView worth $5,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Sterling Capital Management LLC grew its stake in shares of BrightView by 832.0% in the fourth quarter. Sterling Capital Management LLC now owns 1,864 shares of the company's stock worth $30,000 after purchasing an additional 1,664 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of BrightView by 181.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company's stock worth $37,000 after purchasing an additional 1,475 shares during the last quarter. 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 grew its stake in shares of BrightView by 32.1% in 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 last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of BrightView in the fourth quarter worth about $179,000. 92.41% of the stock is owned by institutional investors.

BrightView Trading Up 0.1%

Shares of NYSE BV traded up $0.02 during trading hours on Wednesday, hitting $16.40. The company's stock had a trading volume of 160,024 shares, compared to its average volume of 599,806. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 91.03 and a beta of 1.24. BrightView Holdings, Inc. has a 12 month low of $11.81 and a 12 month high of $18.89. The business has a 50-day simple moving average of $13.85 and a 200-day simple moving average of $15.03.

BrightView (NYSE:BV - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The company had revenue of $662.60 million for the quarter, compared to analysts' expectations of $643.29 million. BrightView had a return on equity of 7.86% and a net margin of 2.64%. BrightView's quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm earned $0.11 earnings per share. On average, analysts anticipate that BrightView Holdings, Inc. will post 0.73 earnings per share for the current fiscal 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.