Bailard Inc. Takes $541,000 Position in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Bailard Inc. bought a new position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 4,878 shares of the company's stock, valued at approximately $541,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc purchased a new stake in shares of Bright Horizons Family Solutions in the 4th quarter worth about $25,000. True Wealth Design LLC purchased a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter worth about $49,000. Capital Performance Advisors LLP purchased a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter worth about $75,000. Daiwa Securities Group Inc. lifted its position in shares of Bright Horizons Family Solutions by 37.2% in the 3rd quarter. Daiwa Securities Group Inc. now owns 535 shares of the company's stock worth $75,000 after purchasing an additional 145 shares during the period. Finally, Anchor Investment Management LLC lifted its position in shares of Bright Horizons Family Solutions by 423.2% in the 3rd quarter. Anchor Investment Management LLC now owns 654 shares of the company's stock worth $92,000 after purchasing an additional 529 shares during the period.

Analyst Upgrades and Downgrades

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

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Bright Horizons Family Solutions Stock Up 0.1 %

NYSE:BFAM traded up $0.07 on Friday, reaching $127.52. 528,078 shares of the stock traded hands, compared to its average volume of 436,506. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 53.13 and a beta of 1.45. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. Bright Horizons Family Solutions Inc. has a 12 month low of $100.59 and a 12 month high of $141.90. The company's fifty day simple moving average is $120.79 and its 200 day simple moving average is $124.30.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.88 earnings per share 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%. Equities analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

About Bright Horizons Family Solutions

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.