BrightView Holdings, Inc. (NYSE:BV) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of BrightView Holdings, Inc. (NYSE:BV) by 24.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,463 shares of the company’s stock after acquiring an additional 4,624 shares during the period. SG Americas Securities LLC’s holdings in BrightView were worth $198,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BV. Mcmorgan & Co. LLC grew its holdings in BrightView by 1.0% in the first quarter. Mcmorgan & Co. LLC now owns 95,364 shares of the company’s stock valued at $1,298,000 after purchasing an additional 910 shares during the period. Royal Bank of Canada grew its holdings in BrightView by 47.8% in the second quarter. Royal Bank of Canada now owns 4,317 shares of the company’s stock valued at $31,000 after purchasing an additional 1,396 shares during the period. Tower Research Capital LLC TRC grew its holdings in BrightView by 89.9% in the third quarter. Tower Research Capital LLC TRC now owns 3,420 shares of the company’s stock valued at $27,000 after purchasing an additional 1,619 shares during the period. Rhumbline Advisers grew its holdings in BrightView by 2.5% in the first quarter. Rhumbline Advisers now owns 68,968 shares of the company’s stock valued at $388,000 after purchasing an additional 1,653 shares during the period. Finally, American International Group Inc. grew its holdings in BrightView by 8.3% in the first quarter. American International Group Inc. now owns 23,567 shares of the company’s stock valued at $321,000 after purchasing an additional 1,803 shares during the period. 92.41% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the company. Jefferies Financial Group reissued a “hold” rating and issued a $9.00 price objective on shares of BrightView in a report on Monday, March 4th. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $10.00 price target (up from $8.00) on shares of BrightView in a research note on Thursday, April 4th. Finally, Craig Hallum started coverage on BrightView in a research note on Monday, March 4th. They issued a “buy” rating and a $15.00 price target on the stock.

BrightView Stock Performance

Shares of NYSE:BV opened at $11.31 on Friday. BrightView Holdings, Inc. has a 1 year low of $5.16 and a 1 year high of $12.35. The firm has a market capitalization of $1.07 billion, a PE ratio of -56.55 and a beta of 1.23. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.64 and a quick ratio of 1.64. The business’s 50 day moving average price is $9.99 and its 200-day moving average price is $8.60.

BrightView (NYSE:BV) last announced its quarterly earnings data on Wednesday, January 31st. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). BrightView had a positive return on equity of 3.93% and a negative net margin of 0.19%. The company had revenue of $626.70 million for the quarter, compared to analysts’ expectations of $651.07 million. As a group, equities research analysts expect that BrightView Holdings, Inc. will post 0.59 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.