NewEdge Advisors LLC Buys New Stake in BrightView Holdings, Inc. (NYSE:BV)

NewEdge Advisors LLC acquired a new position in shares of BrightView Holdings, Inc. (NYSE:BV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,532 shares of the company’s stock, valued at approximately $56,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sterling Capital Management LLC grew its holdings in BrightView by 832.0% during the 4th quarter. Sterling Capital Management LLC now owns 1,864 shares of the company’s stock valued at $30,000 after purchasing an additional 1,664 shares during the last quarter. New York State Teachers Retirement System increased its position in BrightView by 32.1% during the 4th quarter. New York State Teachers Retirement System now owns 5,326 shares of the company’s stock valued at $85,000 after purchasing an additional 1,293 shares during the period. KLP Kapitalforvaltning AS bought a new position in BrightView in the fourth quarter worth approximately $179,000. Optimize Financial Inc bought a new position in shares of BrightView in the 4th quarter worth $215,000. Finally, SG Americas Securities LLC lifted its position in shares of BrightView by 20.5% during the fourth quarter. SG Americas Securities LLC now owns 16,346 shares of the company’s stock valued at $261,000 after buying an additional 2,783 shares during the last quarter. Hedge funds and other institutional investors own 92.41% of the company’s stock.

BrightView Price Performance

Shares of BV opened at $14.39 on Friday. BrightView Holdings, Inc. has a twelve month low of $11.81 and a twelve month high of $18.89. The company has a 50 day moving average of $13.14 and a two-hundred day moving average of $15.08. 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 company has a market cap of $1.37 billion, a price-to-earnings ratio of 79.94 and a beta of 1.26.

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.