BrightView Holdings, Inc. $BV Shares Purchased by Russell Investments Group Ltd.

by · The Cerbat Gem

Russell Investments Group Ltd. boosted its position in BrightView Holdings, Inc. (NYSE:BVFree Report) by 62.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 694,556 shares of the company’s stock after buying an additional 268,069 shares during the period. Russell Investments Group Ltd. owned approximately 0.73% of BrightView worth $11,564,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of BV. Cooke & Bieler LP lifted its stake in BrightView by 0.7% during the 2nd quarter. Cooke & Bieler LP now owns 2,532,230 shares of the company’s stock valued at $42,162,000 after acquiring an additional 16,620 shares during the period. Bessemer Group Inc. raised its holdings in shares of BrightView by 52.4% during the second quarter. Bessemer Group Inc. now owns 2,424,001 shares of the company’s stock worth $40,362,000 after purchasing an additional 833,469 shares during the last quarter. Newtyn Management LLC lifted its position in BrightView by 30.5% during the first quarter. Newtyn Management LLC now owns 2,300,000 shares of the company’s stock valued at $29,532,000 after purchasing an additional 538,111 shares during the period. Boston Partners lifted its position in BrightView by 106.1% during the second quarter. Boston Partners now owns 2,079,487 shares of the company’s stock valued at $34,622,000 after purchasing an additional 1,070,339 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in BrightView by 11.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,658,306 shares of the company’s stock valued at $21,293,000 after purchasing an additional 167,966 shares during the last quarter. 92.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BV. The Goldman Sachs Group reduced their price objective on BrightView from $13.50 to $10.50 and set a “sell” rating for the company in a research note on Thursday, November 20th. Robert W. Baird reduced their price target on BrightView from $19.00 to $15.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. BTIG Research assumed coverage on BrightView in a research report on Monday. They issued a “buy” rating and a $15.00 price objective on the stock. Morgan Stanley dropped their price objective on shares of BrightView from $16.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 20th. Finally, Wall Street Zen cut shares of BrightView from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $14.50.

Get Our Latest Research Report on BV

BrightView Trading Up 1.1%

Shares of NYSE:BV opened at $12.76 on Tuesday. The business’s 50 day moving average price is $12.74 and its 200-day moving average price is $14.43. BrightView Holdings, Inc. has a 1 year low of $11.06 and a 1 year high of $18.08. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 319.00 and a beta of 1.30. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.29 and a quick ratio of 1.30.

BrightView (NYSE:BVGet Free Report) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). BrightView had a return on equity of 8.43% and a net margin of 2.10%.The company had revenue of $702.80 million for the quarter, compared to analyst estimates of $718.03 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The business’s revenue was down 3.6% on a year-over-year basis. BrightView has set its FY 2026 guidance at EPS. On average, equities research analysts forecast that BrightView Holdings, Inc. will post 0.73 earnings per share for the current fiscal year.

BrightView Profile

(Free Report)

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.

See Also

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