Northern Trust Corp Has $8.29 Million Holdings in BrightView Holdings, Inc. (NYSE:BV)

Northern Trust Corp grew its position in shares of BrightView Holdings, Inc. (NYSE:BV) by 2.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 518,467 shares of the company’s stock after buying an additional 11,052 shares during the quarter. Northern Trust Corp’s holdings in BrightView were worth $8,290,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC grew its stake in BrightView by 832.0% during the fourth quarter. Sterling Capital Management LLC now owns 1,864 shares of the company’s stock worth $30,000 after buying an additional 1,664 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of BrightView by 181.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,288 shares of the company’s stock worth $37,000 after purchasing an additional 1,475 shares in the last quarter. NewEdge Advisors LLC acquired a new position in shares of BrightView during the fourth quarter worth approximately $56,000. New York State Teachers Retirement System lifted its position in shares of 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 in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of BrightView during the fourth quarter worth approximately $179,000. 92.41% of the stock is owned by institutional investors.

BrightView Price Performance

Shares of BV stock opened at $16.35 on Monday. BrightView Holdings, Inc. has a 1 year low of $11.81 and a 1 year high of $18.89. The firm’s 50 day moving average is $13.72 and its 200-day moving average is $15.02. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 90.81 and a beta of 1.24. 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 (NYSE:BV) last announced its earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. BrightView had a net margin of 2.64% and a return on equity of 7.86%. The company had revenue of $662.60 million for the quarter, compared to analyst estimates of $643.29 million. During the same period in the prior year, the business earned $0.11 earnings per share. BrightView’s quarterly revenue was down 1.5% on a year-over-year basis. Sell-side analysts forecast that BrightView Holdings, Inc. will post 0.73 EPS for the current fiscal year.

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.