BrightView Holdings, Inc. $BV Shares Sold by Interval Partners LP

Interval Partners LP cut its stake in shares of BrightView Holdings, Inc. (NYSE:BV) by 35.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,054,230 shares of the company’s stock after selling 587,758 shares during the period. Interval Partners LP’s holdings in BrightView were worth $13,357,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bfsg LLC acquired a new position in BrightView during the 4th quarter worth approximately $49,000. BNP Paribas Financial Markets lifted its position in BrightView by 66.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,591 shares of the company’s stock worth $93,000 after acquiring an additional 2,240 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in BrightView by 225.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,640 shares of the company’s stock worth $94,000 after acquiring an additional 3,909 shares in the last quarter. Glenmede Investment Management LP acquired a new position in BrightView during the 3rd quarter worth approximately $139,000. Finally, Landscape Capital Management L.L.C. acquired a new position in BrightView during the 3rd quarter worth approximately $163,000. 92.41% of the stock is owned by institutional investors and hedge funds.

BrightView Stock Performance

Shares of BV opened at $12.64 on Thursday. The business’s 50 day moving average is $12.41 and its two-hundred day moving average is $12.69. BrightView Holdings, Inc. has a 52-week low of $11.06 and a 52-week high of $17.10. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of -180.56 and a beta of 1.19. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.66.

BrightView (NYSE:BV) last announced its earnings results on Tuesday, May 5th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. BrightView had a return on equity of 7.25% and a net margin of 1.70%.The company had revenue of $702.90 million for the quarter, compared to analyst estimates of $638.80 million. During the same period in the prior year, the company posted $0.14 EPS. BrightView’s quarterly revenue was up 6.1% on a year-over-year basis. Analysts forecast that BrightView Holdings, Inc. will post 0.57 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on BV shares. Morgan Stanley boosted their price target on BrightView from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd. Oppenheimer assumed coverage on BrightView in a research report on Wednesday. They issued an “outperform” rating and a $17.00 target price on the stock. JPMorgan Chase & Co. raised BrightView from an “underweight” rating to a “neutral” rating and upped their target price for the company from $13.00 to $14.00 in a research report on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and issued a $16.00 target price on shares of BrightView in a research report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BrightView in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, BrightView currently has an average rating of “Hold” and a consensus price target of $15.30.

BrightView Company Profile

BrightView Inc (NYSE:BV) is a leading commercial landscaping services company in the United States, offering a comprehensive suite of outdoor asset management solutions. The company’s core business activities include landscape maintenance, development and enhancement services tailored to a wide array of clients such as corporate campuses, healthcare facilities, multi-family residential properties, retail centers and municipalities.

BrightView’s service portfolio covers routine grounds maintenance, landscape construction and design-build, irrigation system installation and management, tree care, seasonal color programs and snow and ice management.