Curi RMB Capital LLC Acquires 11,132 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Curi RMB Capital LLC boosted its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 12.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 98,528 shares of the company's stock after buying an additional 11,132 shares during the period. Curi RMB Capital LLC owned 0.17% of Bright Horizons Family Solutions worth $10,922,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in Bright Horizons Family Solutions by 7.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 811,829 shares of the company's stock valued at $89,991,000 after acquiring an additional 53,310 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Bright Horizons Family Solutions by 23.8% during the 4th quarter. First Trust Advisors LP now owns 209,748 shares of the company's stock valued at $23,251,000 after purchasing an additional 40,371 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of Bright Horizons Family Solutions by 12.8% during the fourth quarter. NewEdge Advisors LLC now owns 5,438 shares of the company's stock valued at $603,000 after purchasing an additional 615 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Bright Horizons Family Solutions in the fourth quarter worth about $4,203,000. Finally, XTX Topco Ltd lifted its position in shares of Bright Horizons Family Solutions by 106.1% in the fourth quarter. XTX Topco Ltd now owns 12,578 shares of the company's stock worth $1,394,000 after buying an additional 6,475 shares in the last quarter.

Bright Horizons Family Solutions Trading Down 0.0 %

Shares of NYSE:BFAM traded down $0.04 during trading hours on Thursday, hitting $119.79. 274,874 shares of the company's stock traded hands, compared to its average volume of 442,031. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. The business has a fifty day moving average price of $123.40 and a 200-day moving average price of $120.25. Bright Horizons Family Solutions Inc. has a 1 year low of $100.59 and a 1 year high of $141.90. The firm has a market capitalization of $6.87 billion, a P/E ratio of 49.91 and a beta of 1.31.

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. StockNews.com raised Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd. Jefferies Financial Group decreased 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 note on Thursday, January 23rd. The Goldman Sachs Group dropped their price objective 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 decreased their target price 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. Finally, Morgan Stanley dropped their price target 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. 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, Bright Horizons Family Solutions has a consensus rating of "Moderate Buy" and a consensus price target of $137.67.

Insider Activity

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

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.