Cwm LLC raised its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 86.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 33,131 shares of the company’s stock after acquiring an additional 15,368 shares during the period. Cwm LLC’s holdings in Bright Horizons Family Solutions were worth $3,597,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of BFAM. GAMMA Investing LLC lifted its holdings in shares of Bright Horizons Family Solutions by 18.3% during the second quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $69,000 after purchasing an additional 87 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in Bright Horizons Family Solutions by 1.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 9,500 shares of the company’s stock valued at $1,174,000 after buying an additional 118 shares during the period. Accretive Wealth Partners LLC raised its position in Bright Horizons Family Solutions by 1.4% during the 2nd quarter. Accretive Wealth Partners LLC now owns 8,498 shares of the company’s stock worth $1,050,000 after buying an additional 118 shares during the last quarter. Wealth Alliance LLC lifted its stake in shares of Bright Horizons Family Solutions by 6.8% in the 2nd quarter. Wealth Alliance LLC now owns 2,001 shares of the company’s stock worth $247,000 after acquiring an additional 128 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of Bright Horizons Family Solutions by 1.7% in the second quarter. MML Investors Services LLC now owns 9,098 shares of the company’s stock valued at $1,124,000 after acquiring an additional 150 shares in the last quarter.
Analyst Ratings Changes
A number of brokerages have recently issued reports on BFAM. JPMorgan Chase & Co. boosted their price target on shares of Bright Horizons Family Solutions from $156.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Wall Street Zen lowered Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. UBS Group increased their target price on Bright Horizons Family Solutions from $112.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Bright Horizons Family Solutions in a report on Monday. Finally, Morgan Stanley dropped their price objective on Bright Horizons Family Solutions from $99.00 to $93.00 and set an “underweight” rating on the stock in a report on Wednesday, December 17th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $128.29.
Bright Horizons Family Solutions Trading Down 0.7%
Shares of Bright Horizons Family Solutions stock opened at $101.46 on Friday. The company has a 50-day moving average of $100.84 and a two-hundred day moving average of $109.43. Bright Horizons Family Solutions Inc. has a 12-month low of $91.49 and a 12-month high of $132.99. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.52. The stock has a market cap of $5.74 billion, a PE ratio of 29.16, a price-to-earnings-growth ratio of 1.39 and a beta of 1.41.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.25. Bright Horizons Family Solutions had a return on equity of 17.07% and a net margin of 6.98%.The business had revenue of $802.81 million for the quarter, compared to analysts’ expectations of $781.16 million. During the same quarter in the prior year, the firm posted $1.11 EPS. The company’s revenue was up 11.6% compared to the same quarter last year. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. On average, research analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.
About Bright Horizons Family Solutions
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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