Stephens Investment Management Group LLC Acquires 22,452 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Stephens Investment Management Group LLC increased its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 557,720 shares of the company's stock after acquiring an additional 22,452 shares during the quarter. Stephens Investment Management Group LLC owned about 0.96% of Bright Horizons Family Solutions worth $61,823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its position in shares of Bright Horizons Family Solutions by 15.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,181,050 shares of the company's stock worth $445,761,000 after purchasing an additional 423,456 shares in the last quarter. State Street Corp boosted its holdings in shares of Bright Horizons Family Solutions by 0.4% in the third quarter. State Street Corp now owns 999,263 shares of the company's stock valued at $140,027,000 after buying an additional 3,970 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Bright Horizons Family Solutions by 0.8% in the third quarter. Geode Capital Management LLC now owns 924,832 shares of the company's stock valued at $129,633,000 after buying an additional 7,597 shares during the period. Westfield Capital Management Co. LP boosted its holdings in shares of Bright Horizons Family Solutions by 3.2% in the third quarter. Westfield Capital Management Co. LP now owns 707,383 shares of the company's stock valued at $99,126,000 after buying an additional 21,935 shares during the period. Finally, Geneva Capital Management LLC boosted its holdings in Bright Horizons Family Solutions by 0.5% during the third quarter. Geneva Capital Management LLC now owns 575,400 shares of the company's stock worth $80,631,000 after purchasing an additional 2,649 shares during the last quarter.

Insider Transactions at Bright Horizons Family Solutions

In other news, Director Mary Ann Tocio sold 5,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total value of $573,550.00. Following the sale, the director now directly owns 25,257 shares of the company's stock, valued at $2,897,230.47. The trade was a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.22% of the company's stock.

Analyst Upgrades and Downgrades

BFAM has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut their price target on shares of Bright Horizons Family Solutions from $162.00 to $142.00 and set a "buy" rating for the company in a research note on Friday, December 27th. UBS Group lowered their price target on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating on the stock 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 on the stock in a research report on Thursday, January 23rd. JPMorgan Chase & Co. raised their target price on shares of Bright Horizons Family Solutions from $137.00 to $149.00 and gave the company an "overweight" rating in a report on Tuesday, November 5th. Finally, BMO Capital Markets upgraded shares of Bright Horizons Family Solutions from a "market perform" rating to an "outperform" rating and reduced their price target for the company from $137.00 to $125.00 in a research note on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $135.33.

Bright Horizons Family Solutions Price Performance

BFAM stock traded up $1.34 during midday trading on Wednesday, hitting $118.35. The company's stock had a trading volume of 418,902 shares, compared to its average volume of 396,561. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 59.47 and a beta of 1.45. Bright Horizons Family Solutions Inc. has a 12 month low of $94.83 and a 12 month high of $141.90. The company has a 50 day moving average of $114.93 and a two-hundred day moving average of $124.55. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66.

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.