Aurora Investment Counsel acquired a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 23,098 shares of the company’s stock, valued at approximately $2,342,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Signaturefd LLC lifted its position in Bright Horizons Family Solutions by 34.4% in the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after acquiring an additional 109 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in Bright Horizons Family Solutions by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 18,128 shares of the company’s stock valued at $1,968,000 after acquiring an additional 110 shares in the last quarter. Cibc World Market Inc. lifted its position in Bright Horizons Family Solutions by 2.2% in the 3rd quarter. Cibc World Market Inc. now owns 6,504 shares of the company’s stock valued at $706,000 after acquiring an additional 137 shares in the last quarter. Xponance LLC lifted its position in Bright Horizons Family Solutions by 3.9% in the 4th quarter. Xponance LLC now owns 3,686 shares of the company’s stock valued at $374,000 after acquiring an additional 137 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in Bright Horizons Family Solutions by 1.7% in the 2nd 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.
Bright Horizons Family Solutions Price Performance
Shares of BFAM opened at $64.79 on Friday. The firm has a market cap of $3.41 billion, a PE ratio of 19.51, a P/E/G ratio of 1.11 and a beta of 1.18. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.78. The firm has a fifty day simple moving average of $73.18 and a two-hundred day simple moving average of $83.87. Bright Horizons Family Solutions Inc. has a 1-year low of $57.63 and a 1-year high of $130.76.
Analysts Set New Price Targets
Several equities analysts recently issued reports on BFAM shares. JPMorgan Chase & Co. lowered their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings cut Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. BMO Capital Markets decreased their target price on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. UBS Group decreased their target price on shares of Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, Barclays decreased their target price on shares of Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. 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 data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $100.44.
View Our Latest Stock Analysis on Bright Horizons Family Solutions
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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