Bailard Inc. Sells 20,800 Shares of BrightView Holdings, Inc. (NYSE:BV)

Bailard Inc. reduced its position in shares of BrightView Holdings, Inc. (NYSE:BV) by 66.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,500 shares of the company’s stock after selling 20,800 shares during the period. Bailard Inc.’s holdings in BrightView were worth $168,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its stake 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 purchasing an additional 831 shares in the last quarter. BNP Paribas Financial Markets boosted its position in BrightView by 4.6% in the third quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company’s stock valued at $381,000 after buying an additional 1,056 shares in the last quarter. New York State Teachers Retirement System grew its stake 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 buying an additional 1,293 shares during the last quarter. Creative Planning increased its holdings in shares of BrightView by 7.0% during the third quarter. Creative Planning now owns 24,019 shares of the company’s stock worth $378,000 after buying an additional 1,564 shares in the last quarter. Finally, Los Angeles Capital Management LLC lifted its stake in shares of BrightView by 3.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 75,524 shares of the company’s stock valued at $1,189,000 after acquiring an additional 2,340 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors.

BrightView Trading Down 0.7 %

NYSE:BV opened at $12.51 on Thursday. BrightView Holdings, Inc. has a 52 week low of $9.42 and a 52 week high of $18.89. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. The firm’s fifty day moving average is $15.03 and its 200-day moving average is $15.82. The firm has a market cap of $1.19 billion, a P/E ratio of 69.47 and a beta of 1.32.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Morgan Stanley upped their target price on BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Loop Capital upped their price objective on BrightView from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, November 15th. William Blair upgraded shares of BrightView from a “market perform” rating to an “outperform” rating in a report on Friday, November 15th. The Goldman Sachs Group boosted 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. Finally, Robert W. Baird raised their price target on shares of BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, BrightView has a consensus rating of “Moderate Buy” and a consensus target price of $17.41.

About BrightView

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.