18,096 Shares in Bright Horizons Family Solutions Inc. (NYSE:BFAM) Purchased by Natural Investments LLC

Natural Investments LLC acquired a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,096 shares of the company's stock, valued at approximately $2,005,000.

Other large investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc purchased a new stake in Bright Horizons Family Solutions in the 4th quarter valued at about $25,000. Tortoise Investment Management LLC boosted its position in Bright Horizons Family Solutions by 76.7% in the 4th quarter. Tortoise Investment Management LLC now owns 417 shares of the company's stock valued at $46,000 after buying an additional 181 shares during the period. True Wealth Design LLC purchased a new stake in Bright Horizons Family Solutions in the 3rd quarter valued at about $49,000. Daiwa Securities Group Inc. boosted its position in Bright Horizons Family Solutions by 37.2% in the 3rd quarter. Daiwa Securities Group Inc. now owns 535 shares of the company's stock valued at $75,000 after buying an additional 145 shares during the period. Finally, Anchor Investment Management LLC boosted its position in Bright Horizons Family Solutions by 423.2% in the 3rd quarter. Anchor Investment Management LLC now owns 654 shares of the company's stock valued at $92,000 after buying an additional 529 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BFAM shares. StockNews.com upgraded shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd. The Goldman Sachs Group dropped their target price on shares of Bright Horizons Family Solutions from $162.00 to $142.00 and set a "buy" rating on the stock in a research report on Friday, December 27th. BMO Capital Markets upped their price objective on shares of Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. Robert W. Baird raised shares of Bright Horizons Family Solutions from a "neutral" rating to an "outperform" rating and set a $140.00 price target on the stock in a report on Friday, November 22nd. Finally, Morgan Stanley reduced their price objective on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating for the company in a research report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Bright Horizons Family Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $137.67.

Remove Ads

Bright Horizons Family Solutions Price Performance

Shares of NYSE BFAM opened at $124.32 on Tuesday. The firm has a market capitalization of $7.13 billion, a P/E ratio of 51.80 and a beta of 1.50. Bright Horizons Family Solutions Inc. has a one year low of $100.59 and a one year high of $141.90. The company's fifty day moving average is $120.79 and its two-hundred day moving average is $124.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.03). Bright Horizons Family Solutions had a return on equity of 13.63% and a net margin of 5.22%. Analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Bright Horizons Family Solutions Company Profile

Bright Horizons Family Solutions Inc provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. The company operates in three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Services.

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:BFAM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.