Gotham Asset Management LLC Has $718,000 Position in BrightView Holdings, Inc. (NYSE:BV)

Gotham Asset Management LLC lessened its stake in BrightView Holdings, Inc. (NYSE:BV) by 16.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,902 shares of the company’s stock after selling 9,051 shares during the period. Gotham Asset Management LLC’s holdings in BrightView were worth $718,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. First Trust Advisors LP bought a new stake in BrightView in the 4th quarter valued at $3,388,000. Knights of Columbus Asset Advisors LLC bought a new stake in BrightView in the fourth quarter valued at about $1,727,000. Trexquant Investment LP increased its stake in BrightView by 38.8% in the fourth quarter. Trexquant Investment LP now owns 334,859 shares of the company’s stock valued at $5,354,000 after acquiring an additional 93,551 shares during the period. MetLife Investment Management LLC raised its position in BrightView by 6.9% in the fourth quarter. MetLife Investment Management LLC now owns 35,505 shares of the company’s stock worth $568,000 after purchasing an additional 2,277 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its stake in BrightView by 29.9% during the fourth quarter. New York State Common Retirement Fund now owns 512,666 shares of the company’s stock worth $8,198,000 after purchasing an additional 117,871 shares during the period. 92.41% of the stock is owned by institutional investors and hedge funds.

BrightView Trading Down 1.4%

BV stock opened at $16.35 on Monday. BrightView Holdings, Inc. has a 1-year low of $11.81 and a 1-year high of $18.89. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average is $13.72 and its 200-day moving average is $15.02. The firm has a market cap of $1.56 billion, a P/E ratio of 90.81 and a beta of 1.24.

BrightView (NYSE:BV) last announced its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. BrightView had a return on equity of 7.86% and a net margin of 2.64%. The firm had revenue of $662.60 million for the quarter, compared to analysts’ expectations of $643.29 million. During the same period in the prior year, the business posted $0.11 earnings per share. The business’s revenue was down 1.5% compared to the same quarter last year. Equities analysts anticipate 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.