Strs Ohio Purchases Shares of 41,800 BrightView Holdings, Inc. $BV

Strs Ohio purchased a new stake in shares of BrightView Holdings, Inc. (NYSE:BV) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 41,800 shares of the company’s stock, valued at approximately $537,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. CWM LLC grew its holdings in shares of BrightView by 58.7% in the first quarter. CWM LLC now owns 3,418 shares of the company’s stock worth $44,000 after purchasing an additional 1,264 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of BrightView by 933.1% in the first quarter. GAMMA Investing LLC now owns 8,089 shares of the company’s stock worth $104,000 after purchasing an additional 7,306 shares during the last quarter. XTX Topco Ltd bought a new position in shares of BrightView in the first quarter worth approximately $129,000. Petrus Trust Company LTA bought a new position in shares of BrightView in the first quarter worth approximately $145,000. Finally, Fox Run Management L.L.C. bought a new position in shares of BrightView in the first quarter worth approximately $177,000. 92.41% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Amanda Marie Orders sold 70,000 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $14.78, for a total transaction of $1,034,600.00. Following the completion of the transaction, the executive vice president directly owned 38,446 shares in the company, valued at $568,231.88. This trade represents a 64.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

BV has been the subject of a number of research analyst reports. Loop Capital dropped their price target on BrightView from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, July 3rd. Wall Street Zen lowered BrightView from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Robert W. Baird dropped their price target on BrightView from $20.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday, July 2nd. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.98.

BrightView Stock Performance

Shares of BrightView stock opened at $13.37 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $1.27 billion, a P/E ratio of 445.80 and a beta of 1.29. The business has a fifty day simple moving average of $14.93 and a two-hundred day simple moving average of $14.73. BrightView Holdings, Inc. has a 12 month low of $11.81 and a 12 month high of $18.89.

BrightView (NYSE:BV) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.02). The firm had revenue of $708.30 million for the quarter, compared to analysts’ expectations of $763.43 million. BrightView had a net margin of 2.00% and a return on equity of 8.76%. The business’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.32 EPS. On average, equities analysts forecast 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.