Mercer Global Advisors Inc. ADV Buys Shares of 37,741 BrightView Holdings, Inc. (NYSE:BV)

Mercer Global Advisors Inc. ADV bought a new stake in shares of BrightView Holdings, Inc. (NYSE:BV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 37,741 shares of the company's stock, valued at approximately $603,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sterling Capital Management LLC lifted its stake 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 worth $30,000 after acquiring an additional 1,664 shares during the period. Tower Research Capital LLC TRC lifted its stake 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 period. NewEdge Advisors LLC acquired a new stake in shares of BrightView in the 4th quarter worth approximately $56,000. New York State Teachers Retirement System lifted its stake 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 period. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of BrightView in the 4th quarter worth approximately $179,000. 92.41% of the stock is owned by institutional investors and hedge funds.

BrightView Trading Up 0.1%

Shares of NYSE:BV opened at $15.78 on Monday. The company has a 50 day moving average of $13.32 and a 200-day moving average of $15.02. The firm has a market cap of $1.50 billion, a P/E ratio of 87.67 and a beta of 1.24. BrightView Holdings, Inc. has a twelve month low of $11.81 and a twelve month high of $18.89. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63.

BrightView (NYSE:BV - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.14 EPS 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 for the quarter, compared to the consensus estimate of $643.29 million. During the same period in the previous year, the firm earned $0.11 EPS. The business's revenue for the quarter was down 1.5% on a year-over-year basis. As a group, analysts anticipate that BrightView Holdings, Inc. will post 0.73 earnings per share for the current fiscal year.

About BrightView

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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