Hsbc Holdings PLC Boosts Stake in Bright Horizons Family Solutions Inc. $BFAM

Hsbc Holdings PLC grew its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report) by 117.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 64,098 shares of the company’s stock after buying an additional 34,574 shares during the quarter. Hsbc Holdings PLC owned 0.12% of Bright Horizons Family Solutions worth $6,489,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings 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 worth $43,000 after acquiring an additional 167 shares during the period. AG Campbell Advisory LLC bought a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth $41,000. Danske Bank A S purchased a new position in shares of Bright Horizons Family Solutions in the 3rd quarter worth about $43,000. Signaturefd LLC grew 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 buying an additional 109 shares during the period. Finally, True Wealth Design LLC increased its holdings 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 worth $55,000 after buying an additional 373 shares during the last quarter.

Bright Horizons Family Solutions Stock Performance

Shares of BFAM stock opened at $75.09 on Thursday. The firm’s 50 day moving average is $68.16 and its 200 day moving average is $79.60. The stock has a market capitalization of $3.95 billion, a P/E ratio of 22.62, a PEG ratio of 1.31 and a beta of 1.15. Bright Horizons Family Solutions Inc. has a 12 month low of $57.63 and a 12 month high of $130.76. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.78.

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

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings lowered Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 1st. Finally, UBS Group lowered their target price on 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 analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $96.12.

Read Our Latest Stock Report on BFAM

Bright Horizons Family Solutions Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding BFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bright Horizons Family Solutions Inc. (NYSE:BFAMFree Report).

Institutional Ownership by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.