Envestnet Asset Management Inc. Boosts Stock Position in BrightView Holdings, Inc. (NYSE:BV)

Envestnet Asset Management Inc. boosted its holdings in shares of BrightView Holdings, Inc. (NYSE:BV) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,937 shares of the company’s stock after purchasing an additional 1,240 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BrightView were worth $383,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Rhumbline Advisers lifted its holdings in shares of BrightView by 1.0% in the 4th quarter. Rhumbline Advisers now owns 82,520 shares of the company’s stock valued at $1,319,000 after acquiring an additional 831 shares during the last quarter. New York State Teachers Retirement System increased its position in shares of 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 last quarter. Bleakley Financial Group LLC raised its holdings in BrightView by 17.3% during the 4th quarter. Bleakley Financial Group LLC now owns 18,689 shares of the company’s stock valued at $299,000 after buying an additional 2,752 shares during the period. SG Americas Securities LLC lifted its position in BrightView by 20.5% in the fourth quarter. SG Americas Securities LLC now owns 16,346 shares of the company’s stock worth $261,000 after buying an additional 2,783 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in BrightView by 9.6% during the fourth quarter. Principal Financial Group Inc. now owns 50,359 shares of the company’s stock worth $805,000 after buying an additional 4,430 shares during the period. Institutional investors own 92.41% of the company’s stock.

BrightView Trading Down 0.2 %

Shares of BV opened at $14.37 on Tuesday. The company’s fifty day simple moving average is $13.16 and its 200-day simple moving average is $15.05. The company has a market cap of $1.37 billion, a P/E ratio of 79.83 and a beta of 1.24. 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 Holdings, Inc. has a twelve month low of $11.81 and a twelve month high of $18.89.

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.