Bright Horizons Family Solutions Inc. $BFAM Shares Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. grew its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 122.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 263,756 shares of the company’s stock after acquiring an additional 145,050 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Bright Horizons Family Solutions were worth $21,662,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brevan Howard Capital Management LP grew its position in Bright Horizons Family Solutions by 278.6% during the third quarter. Brevan Howard Capital Management LP now owns 41,185 shares of the company’s stock worth $4,471,000 after buying an additional 30,306 shares during the period. Tudor Investment Corp ET AL acquired a new stake in shares of Bright Horizons Family Solutions during the 3rd quarter valued at approximately $19,098,000. Quantbot Technologies LP grew its holdings in shares of Bright Horizons Family Solutions by 3,580.3% in the 3rd quarter. Quantbot Technologies LP now owns 36,656 shares of the company’s stock worth $3,980,000 after acquiring an additional 35,660 shares during the period. Capital World Investors increased its stake in Bright Horizons Family Solutions by 10.4% in the 3rd quarter. Capital World Investors now owns 1,521,925 shares of the company’s stock valued at $165,235,000 after purchasing an additional 143,861 shares in the last quarter. Finally, Geneva Capital Management LLC raised its holdings in Bright Horizons Family Solutions by 18.3% during the third quarter. Geneva Capital Management LLC now owns 709,384 shares of the company’s stock worth $77,018,000 after purchasing an additional 109,916 shares during the last quarter.

Bright Horizons Family Solutions Trading Up 4.8%

Shares of Bright Horizons Family Solutions stock opened at $70.14 on Friday. The company has a 50-day simple moving average of $69.68 and a 200 day simple moving average of $81.27. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.78. Bright Horizons Family Solutions Inc. has a 12-month low of $57.63 and a 12-month high of $130.76. The stock has a market capitalization of $3.69 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 1.15 and a beta of 1.18.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. The business had revenue of $712.22 million for the quarter, compared to analyst estimates of $713.35 million. Bright Horizons Family Solutions had a return on equity of 18.01% and a net margin of 6.35%.The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.77 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Research analysts expect that Bright Horizons Family Solutions Inc. will post 4.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BFAM has been the subject of several analyst reports. Weiss Ratings downgraded Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 1st. JPMorgan Chase & Co. reduced their price target on shares of 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. Finally, UBS Group dropped their price objective on shares of Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions has an average rating of “Hold” and an average target price of $96.12.

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.