Bailard Inc. Has $168,000 Holdings in BrightView Holdings, Inc. (NYSE:BV)

Bailard Inc. decreased its stake in shares of BrightView Holdings, Inc. (NYSE:BV) by 66.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,500 shares of the company’s stock after selling 20,800 shares during the quarter. Bailard Inc.’s holdings in BrightView were worth $168,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. New York State Common Retirement Fund increased its position in BrightView by 29.9% in the 4th quarter. New York State Common Retirement Fund now owns 512,666 shares of the company’s stock valued at $8,198,000 after buying an additional 117,871 shares in the last quarter. Principal Financial Group Inc. grew its stake in BrightView by 9.6% in the fourth quarter. Principal Financial Group Inc. now owns 50,359 shares of the company’s stock valued at $805,000 after acquiring an additional 4,430 shares during the period. Rhumbline Advisers increased its holdings in shares of BrightView by 1.0% during the fourth quarter. Rhumbline Advisers now owns 82,520 shares of the company’s stock valued at $1,319,000 after acquiring an additional 831 shares in the last quarter. New York State Teachers Retirement System raised its position in shares of BrightView by 32.1% during the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company’s stock worth $85,000 after purchasing an additional 1,293 shares during the period. Finally, Empowered Funds LLC lifted its holdings in shares of BrightView by 5.1% in the 4th quarter. Empowered Funds LLC now owns 498,185 shares of the company’s stock worth $7,966,000 after purchasing an additional 24,328 shares in the last quarter. Institutional investors own 92.41% of the company’s stock.

BrightView Price Performance

Shares of NYSE BV opened at $12.51 on Thursday. The company has a market capitalization of $1.19 billion, a PE ratio of 69.47 and a beta of 1.32. 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 stock’s 50 day moving average price is $15.03 and its 200-day moving average price is $15.82. BrightView Holdings, Inc. has a twelve month low of $9.42 and a twelve month high of $18.89.

Analyst Ratings Changes

Several research analysts have weighed in on BV shares. Morgan Stanley upped their price objective on shares of BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. The Goldman Sachs Group upped their target price on shares of BrightView from $11.30 to $12.90 and gave the stock a “sell” rating in a report on Friday, November 15th. BTIG Research started coverage on BrightView in a research note on Monday, December 2nd. They set a “buy” rating and a $22.00 price target for the company. Loop Capital increased their price objective on BrightView from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, William Blair raised BrightView from a “market perform” rating to an “outperform” rating in a research report on Friday, November 15th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, BrightView has an average rating of “Moderate Buy” and an average target price of $17.41.

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.