Teacher Retirement System of Texas Has $1.70 Million Holdings in BrightView Holdings, Inc. (NYSE:BV)

Teacher Retirement System of Texas trimmed its holdings in BrightView Holdings, Inc. (NYSE:BV) by 23.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,240 shares of the company’s stock after selling 31,805 shares during the period. Teacher Retirement System of Texas owned 0.11% of BrightView worth $1,699,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Rhumbline Advisers raised its holdings in BrightView by 1.0% in the 4th quarter. Rhumbline Advisers now owns 82,520 shares of the company’s stock valued at $1,319,000 after acquiring an additional 831 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of BrightView by 4.6% in the third quarter. BNP Paribas Financial Markets now owns 24,184 shares of the company’s stock worth $381,000 after purchasing an additional 1,056 shares during the period. New York State Teachers Retirement System raised its stake in BrightView by 32.1% in the fourth quarter. New York State Teachers Retirement System now owns 5,326 shares of the company’s stock valued at $85,000 after purchasing an additional 1,293 shares in the last quarter. Bleakley Financial Group LLC lifted its position in BrightView by 17.3% during the fourth quarter. Bleakley Financial Group LLC now owns 18,689 shares of the company’s stock worth $299,000 after purchasing an additional 2,752 shares during the period. Finally, SG Americas Securities LLC grew its stake in BrightView by 20.5% during the fourth quarter. SG Americas Securities LLC now owns 16,346 shares of the company’s stock worth $261,000 after buying an additional 2,783 shares in the last quarter. 92.41% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

BrightView Price Performance

BrightView stock opened at $13.22 on Friday. The stock has a 50-day moving average price of $14.16 and a two-hundred day moving average price of $15.55. BrightView Holdings, Inc. has a 12 month low of $10.69 and a 12 month high of $18.89. The company has a market capitalization of $1.26 billion, a PE ratio of 73.42 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 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.