Dana Investment Advisors Inc. Sells 30,670 Shares of BrightView Holdings, Inc. (NYSE:BV)

Dana Investment Advisors Inc. trimmed its holdings in shares of BrightView Holdings, Inc. (NYSE:BV) by 5.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 535,236 shares of the company’s stock after selling 30,670 shares during the period. Dana Investment Advisors Inc.’s holdings in BrightView were worth $8,558,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Harvey Partners LLC increased its stake in shares of BrightView by 9.1% in the third quarter. Harvey Partners LLC now owns 1,870,000 shares of the company’s stock valued at $29,434,000 after buying an additional 156,500 shares in the last quarter. Geode Capital Management LLC lifted its position in BrightView by 18.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,337,545 shares of the company’s stock worth $21,057,000 after buying an additional 206,359 shares in the last quarter. State Street Corp grew its holdings in BrightView by 17.1% during the 3rd quarter. State Street Corp now owns 1,211,909 shares of the company’s stock worth $19,075,000 after acquiring an additional 177,105 shares during the last quarter. Telemark Asset Management LLC increased its position in BrightView by 14.3% in the 3rd quarter. Telemark Asset Management LLC now owns 800,000 shares of the company’s stock valued at $12,592,000 after acquiring an additional 100,000 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in shares of BrightView by 1.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 641,301 shares of the company’s stock worth $10,254,000 after acquiring an additional 8,907 shares during the last quarter. Institutional investors own 92.41% of the company’s stock.

BrightView Trading Down 0.7 %

BV opened at $12.51 on Thursday. The firm’s fifty day simple moving average is $15.03 and its 200 day simple moving average is $15.82. The stock has a market capitalization of $1.19 billion, a P/E ratio of 69.47 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 12 month low of $9.42 and a 12 month high of $18.89.

Analysts Set New Price Targets

Several research firms have recently commented on BV. Robert W. Baird increased their price target on shares of BrightView from $18.00 to $20.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. The Goldman Sachs Group increased their price objective on BrightView from $11.30 to $12.90 and gave the company a “sell” rating in a research report on Friday, November 15th. Morgan Stanley lifted their target price on BrightView from $15.00 to $16.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. BTIG Research began coverage on BrightView in a research note on Monday, December 2nd. They set a “buy” rating and a $22.00 price target on the stock. Finally, William Blair upgraded BrightView from a “market perform” rating to an “outperform” rating in a research report on Friday, November 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.41.

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.