Trexquant Investment LP Has $5.35 Million Position in BrightView Holdings, Inc. (NYSE:BV)

Trexquant Investment LP raised its position in BrightView Holdings, Inc. (NYSE:BV) by 38.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 334,859 shares of the company’s stock after purchasing an additional 93,551 shares during the quarter. Trexquant Investment LP owned 0.35% of BrightView worth $5,354,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in BrightView by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 5,830,873 shares of the company’s stock worth $93,236,000 after buying an additional 59,857 shares during the period. Geode Capital Management LLC lifted its holdings in shares of BrightView by 18.2% during the third quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company’s stock worth $21,057,000 after purchasing an additional 206,359 shares during the period. State Street Corp grew its stake in shares of BrightView by 17.1% in the third quarter. State Street Corp now owns 1,211,909 shares of the company’s stock worth $19,075,000 after purchasing an additional 177,105 shares during the last quarter. Telemark Asset Management LLC raised its position in BrightView by 6.3% during the 4th quarter. Telemark Asset Management LLC now owns 850,000 shares of the company’s stock worth $13,592,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in BrightView by 1.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 641,301 shares of the company’s stock worth $10,254,000 after purchasing an additional 8,907 shares during the last quarter. 92.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised their price objective on BrightView from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.41.

BrightView Stock Down 2.1 %

Shares of NYSE:BV opened at $12.31 on Friday. The business’s 50-day moving average is $13.79 and its 200-day moving average is $15.46. BrightView Holdings, Inc. has a 1 year low of $10.69 and a 1 year high of $18.89. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 68.39 and a beta of 1.26. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.43 and a quick ratio of 1.43.

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.