Natixis Advisors LLC Has $1.47 Million Holdings in BrightView Holdings, Inc. (NYSE:BV)

Natixis Advisors LLC lifted its holdings in shares of BrightView Holdings, Inc. (NYSE:BV) by 24.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,117 shares of the company’s stock after buying an additional 17,895 shares during the period. Natixis Advisors LLC owned about 0.10% of BrightView worth $1,473,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of BV. Millburn Ridgefield Corp acquired a new position in BrightView during the third quarter worth $45,000. New York State Teachers Retirement System boosted its position in 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 purchasing an additional 1,293 shares during the period. FMR LLC lifted its stake in shares of BrightView by 293.4% during the 3rd quarter. FMR LLC now owns 6,884 shares of the company’s stock worth $108,000 after buying an additional 5,134 shares during the last quarter. Quest Partners LLC bought a new stake in shares of BrightView during the third quarter worth approximately $153,000. Finally, XTX Topco Ltd bought a new stake in BrightView in the 3rd quarter valued at $184,000. Institutional investors own 92.41% of the company’s stock.

BrightView Stock Performance

NYSE BV opened at $13.26 on Tuesday. The firm’s 50 day simple moving average is $14.32 and its 200 day simple moving average is $15.59. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 73.67 and a beta of 1.32. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.63. BrightView Holdings, Inc. has a 1 year low of $10.69 and a 1 year high of $18.89.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BV. Morgan Stanley boosted their target price on shares of BrightView from $15.00 to $16.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. BTIG Research assumed coverage on shares of BrightView in a research report on Monday, December 2nd. They set a “buy” rating and a $22.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $17.41.

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.