Aquatic Capital Management LLC Purchases 29,430 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Aquatic Capital Management LLC grew its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 14,715.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,630 shares of the company's stock after buying an additional 29,430 shares during the quarter. Aquatic Capital Management LLC owned approximately 0.05% of Bright Horizons Family Solutions worth $3,284,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of BFAM. Vanguard Group Inc. grew its position in Bright Horizons Family Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 5,442,777 shares of the company's stock worth $603,332,000 after acquiring an additional 101,151 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Bright Horizons Family Solutions by 60.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,958,538 shares of the company's stock worth $549,654,000 after purchasing an additional 1,868,117 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Bright Horizons Family Solutions by 16.9% in the fourth quarter. JPMorgan Chase & Co. now owns 3,546,606 shares of the company's stock valued at $393,141,000 after buying an additional 511,905 shares during the last quarter. William Blair Investment Management LLC raised its holdings in shares of Bright Horizons Family Solutions by 29.0% in the fourth quarter. William Blair Investment Management LLC now owns 2,370,336 shares of the company's stock valued at $262,752,000 after buying an additional 532,644 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Bright Horizons Family Solutions by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 929,542 shares of the company's stock valued at $103,075,000 after acquiring an additional 4,710 shares in the last quarter.

Insider Transactions at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $124.69, for a total transaction of $124,690.00. Following the sale, the chief operating officer now directly owns 33,449 shares in the company, valued at approximately $4,170,755.81. This trade represents a 2.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mary Ann Tocio sold 2,500 shares of the company's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $124.74, for a total transaction of $311,850.00. Following the completion of the transaction, the director now owns 22,757 shares of the company's stock, valued at $2,838,708.18. This trade represents a 9.90 % decrease in their position. The disclosure for this sale can be found here. 1.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

BFAM has been the topic of several research analyst reports. StockNews.com raised shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd. UBS Group lowered their target price on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. BMO Capital Markets upped their price target on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a research note on Tuesday, February 18th. Morgan Stanley lowered their price objective on 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. Finally, Jefferies Financial Group cut their target price on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating on the stock in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $137.67.

Bright Horizons Family Solutions Stock Up 0.8 %

Shares of NYSE BFAM opened at $120.63 on Monday. The firm has a 50 day moving average price of $123.06 and a 200 day moving average price of $119.83. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The stock has a market cap of $6.92 billion, a P/E ratio of 50.26 and a beta of 1.31. Bright Horizons Family Solutions Inc. has a 52-week low of $100.59 and a 52-week high of $141.90.

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

Bright Horizons Family Solutions 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.

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