New York State Teachers Retirement System Has $85,000 Holdings in BrightView Holdings, Inc. (NYSE:BV)

New York State Teachers Retirement System lifted its stake in shares of BrightView Holdings, Inc. (NYSE:BV) by 32.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,326 shares of the company’s stock after purchasing an additional 1,293 shares during the quarter. New York State Teachers Retirement System’s holdings in BrightView were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp lifted its stake in shares of BrightView by 17.1% in the 3rd quarter. State Street Corp now owns 1,211,909 shares of the company’s stock valued at $19,075,000 after purchasing an additional 177,105 shares during the period. Barclays PLC lifted its stake in shares of BrightView by 133.6% during the 3rd quarter. Barclays PLC now owns 111,969 shares of the company’s stock valued at $1,762,000 after buying an additional 64,035 shares in the last quarter. Principal Financial Group Inc. bought a new position in BrightView in the 3rd quarter worth about $723,000. Geode Capital Management LLC boosted its holdings in BrightView by 18.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company’s stock valued at $21,057,000 after purchasing an additional 206,359 shares during the period. Finally, Telemark Asset Management LLC lifted its position in BrightView by 14.3% during the third quarter. Telemark Asset Management LLC now owns 800,000 shares of the company’s stock valued at $12,592,000 after purchasing an additional 100,000 shares during the last quarter. Institutional investors own 92.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BV. BTIG Research assumed coverage on shares of BrightView in a research note on Monday, December 2nd. They issued a “buy” rating and a $22.00 price objective for the company. William Blair raised BrightView from a “market perform” rating to an “outperform” rating in a research report on Friday, November 15th. Loop Capital increased their target price on BrightView from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. The Goldman Sachs Group upped their target price on shares of BrightView from $11.30 to $12.90 and gave the company a “sell” rating in a research note on Friday, November 15th. Finally, Robert W. Baird increased their price objective on shares of BrightView from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $17.11.

BrightView Stock Performance

BV opened at $13.54 on Tuesday. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 75.20 and a beta of 1.29. The company has a fifty day moving average of $15.46 and a 200 day moving average of $15.91. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.43 and a current ratio of 1.43. BrightView Holdings, Inc. has a fifty-two week low of $8.50 and a fifty-two week high of $18.89.

BrightView Company 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.