AWH Capital L.P. Acquires 200,000 Shares of BrightView Holdings, Inc. $BV

AWH Capital L.P. lifted its position in shares of BrightView Holdings, Inc. (NYSE:BV) by 275.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 272,500 shares of the company’s stock after purchasing an additional 200,000 shares during the period. BrightView comprises 3.2% of AWH Capital L.P.’s investment portfolio, making the stock its 16th largest holding. AWH Capital L.P. owned approximately 0.29% of BrightView worth $3,453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BV. Bfsg LLC bought a new stake in BrightView in the fourth quarter valued at approximately $49,000. BNP Paribas Financial Markets boosted its holdings in BrightView by 66.8% in the second quarter. BNP Paribas Financial Markets now owns 5,591 shares of the company’s stock valued at $93,000 after acquiring an additional 2,240 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in BrightView by 225.8% in the second quarter. Tower Research Capital LLC TRC now owns 5,640 shares of the company’s stock valued at $94,000 after acquiring an additional 3,909 shares during the last quarter. Glenmede Investment Management LP bought a new stake in BrightView in the third quarter valued at approximately $139,000. Finally, Man Group plc bought a new stake in BrightView in the second quarter valued at approximately $185,000. 92.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

BrightView Stock Down 1.1%

Shares of NYSE:BV opened at $12.64 on Thursday. The company has a market capitalization of $1.18 billion, a PE ratio of -180.56 and a beta of 1.19. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.23 and a quick ratio of 1.23. The business has a fifty day moving average price of $12.41 and a two-hundred day moving average price of $12.69. BrightView Holdings, Inc. has a 1 year low of $11.06 and a 1 year high of $17.10.

BrightView (NYSE:BV) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $638.80 million. During the same quarter in the prior year, the company earned $0.14 EPS. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. Analysts forecast that BrightView Holdings, Inc. will post 0.57 earnings per share for the current year.

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.