DF Dent & Co. Inc. Sells 4,717 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

DF Dent & Co. Inc. reduced its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 120,284 shares of the company's stock after selling 4,717 shares during the quarter. DF Dent & Co. Inc. owned 0.21% of Bright Horizons Family Solutions worth $13,333,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Bright Horizons Family Solutions by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 5,442,777 shares of the company's stock valued at $603,332,000 after buying an additional 101,151 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Bright Horizons Family Solutions by 16.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,546,606 shares of the company's stock valued at $393,141,000 after acquiring an additional 511,905 shares during the period. William Blair Investment Management LLC grew its position in Bright Horizons Family Solutions by 29.0% during the 4th quarter. William Blair Investment Management LLC now owns 2,370,336 shares of the company's stock worth $262,752,000 after acquiring an additional 532,644 shares during the last quarter. State Street Corp increased its stake in Bright Horizons Family Solutions by 0.4% in the 3rd quarter. State Street Corp now owns 999,263 shares of the company's stock worth $140,027,000 after purchasing an additional 3,970 shares during the period. Finally, Geode Capital Management LLC lifted its position in Bright Horizons Family Solutions by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 929,542 shares of the company's stock valued at $103,075,000 after purchasing an additional 4,710 shares during the last quarter.

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Analyst Ratings Changes

Several brokerages recently commented on BFAM. Morgan Stanley decreased their target price on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 11th. UBS Group lowered their price objective on shares of 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 increased their target price on shares of Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. Jefferies Financial Group reduced their price target on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating on the stock in a report on Thursday, January 23rd. Finally, The Goldman Sachs Group dropped their price objective on Bright Horizons Family Solutions from $162.00 to $142.00 and set a "buy" rating for the company in a report on Friday, December 27th. One equities 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 given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $137.67.

Insider Transactions at Bright Horizons Family Solutions

In other news, Director Mary Ann Tocio sold 2,500 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $124.74, for a total value of $311,850.00. Following the sale, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Mary Lou Burke sold 1,000 shares of the company's stock in a transaction dated 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 owns 33,449 shares in the company, valued at $4,170,755.81. This represents a 2.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.22% of the company's stock.

Bright Horizons Family Solutions Stock Performance

Bright Horizons Family Solutions stock traded up $1.84 during midday trading on Tuesday, reaching $113.35. 143,287 shares of the company traded hands, compared to its average volume of 427,797. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. Bright Horizons Family Solutions Inc. has a 12 month low of $100.59 and a 12 month high of $141.90. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 47.19 and a beta of 1.31. The business has a 50 day moving average of $124.93 and a two-hundred day moving average of $122.08.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its earnings results 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%. As a group, research analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share 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.