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

AWH Capital L.P. increased its stake in shares of BrightView Holdings, Inc. (NYSE:BV) by 275.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 272,500 shares of the company’s stock after purchasing an additional 200,000 shares during the quarter. BrightView accounts for approximately 3.2% of AWH Capital L.P.’s portfolio, making the stock its 16th largest position. AWH Capital L.P.’s holdings in BrightView were worth $3,453,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada boosted its position in shares of BrightView by 4.7% during the first quarter. Royal Bank of Canada now owns 699,959 shares of the company’s stock valued at $8,988,000 after purchasing an additional 31,291 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of BrightView by 75.9% in the first quarter. AQR Capital Management LLC now owns 209,995 shares of the company’s stock worth $2,696,000 after purchasing an additional 90,627 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of BrightView by 7.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,443 shares of the company’s stock worth $455,000 after purchasing an additional 2,349 shares during the last quarter. Millennium Management LLC raised its stake in shares of BrightView by 54.2% in the first quarter. Millennium Management LLC now owns 1,456,682 shares of the company’s stock worth $18,704,000 after purchasing an additional 512,098 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of BrightView by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,306 shares of the company’s stock worth $21,293,000 after purchasing an additional 167,966 shares during the last quarter. 92.41% of the stock is currently owned by institutional investors.

BrightView Trading Down 1.1%

Shares of BV stock opened at $12.64 on Thursday. BrightView Holdings, Inc. has a 1 year low of $11.06 and a 1 year high of $17.10. 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 stock’s 50 day simple moving average is $12.41 and its two-hundred day simple moving average is $12.69. The company has a market cap of $1.18 billion, a PE ratio of -180.56 and a beta of 1.19.

BrightView (NYSE:BV) last issued its quarterly earnings data 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 business had revenue of $702.90 million for the quarter, compared to the consensus estimate of $638.80 million. During the same period in the prior year, the business posted $0.14 earnings per share. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. Research analysts predict that BrightView Holdings, Inc. will post 0.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BV shares. JPMorgan Chase & Co. upgraded BrightView from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $13.00 to $14.00 in a research note on Thursday, May 7th. Morgan Stanley upped their price objective on BrightView from $13.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Oppenheimer began coverage on BrightView in a report on Wednesday. They set an “outperform” rating and a $17.00 price target for the company. BTIG Research reissued a “buy” rating and set a $16.00 price target on shares of BrightView in a report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of BrightView in a research note on Monday, May 4th. One equities research 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 given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price 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.