Capital World Investors boosted its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 16.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,779,738 shares of the company’s stock after purchasing an additional 257,813 shares during the period. Capital World Investors owned about 3.15% of Bright Horizons Family Solutions worth $180,465,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Rothschild Investment LLC lifted its position in Bright Horizons Family Solutions by 6,700.0% during the third quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock valued at $37,000 after purchasing an additional 335 shares in the last quarter. Signaturefd LLC lifted its position in Bright Horizons Family Solutions by 34.4% during the fourth quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after purchasing an additional 109 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Bright Horizons Family Solutions by 98.8% during the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 167 shares in the last quarter. Danske Bank A S purchased a new position in Bright Horizons Family Solutions during the third quarter valued at $43,000. Finally, True Wealth Design LLC lifted its position in Bright Horizons Family Solutions by 214.4% during the fourth quarter. True Wealth Design LLC now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 373 shares in the last quarter.
Bright Horizons Family Solutions Price Performance
Shares of NYSE:BFAM opened at $59.05 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a fifty day moving average price of $74.49 and a 200 day moving average price of $84.76. Bright Horizons Family Solutions Inc. has a fifty-two week low of $57.63 and a fifty-two week high of $130.76. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 17.78, a P/E/G ratio of 1.07 and a beta of 1.19.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on BFAM shares. Robert W. Baird set a $100.00 price target on Bright Horizons Family Solutions in a report on Friday, February 13th. UBS Group decreased their price target on Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. BMO Capital Markets decreased their price target on Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft set a $99.00 price target on Bright Horizons Family Solutions and gave the company a “hold” rating in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. decreased their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of “Hold” and a consensus price target of $100.44.
Check Out Our Latest Research Report on BFAM
Bright Horizons Family Solutions Profile
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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