3,743 Shares in Bright Horizons Family Solutions Inc. (NYSE:BFAM) Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC acquired a new position in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,743 shares of the company's stock, valued at approximately $415,000.

Other institutional investors have also recently modified their holdings of the company. Raymond James Trust N.A. boosted its stake in Bright Horizons Family Solutions by 5.2% in the 3rd quarter. Raymond James Trust N.A. now owns 4,521 shares of the company's stock worth $634,000 after purchasing an additional 223 shares in the last quarter. Cerity Partners LLC raised its holdings in Bright Horizons Family Solutions by 63.0% in the third quarter. Cerity Partners LLC now owns 29,078 shares of the company's stock worth $4,075,000 after buying an additional 11,236 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Bright Horizons Family Solutions by 37.2% in the third quarter. Daiwa Securities Group Inc. now owns 535 shares of the company's stock worth $75,000 after buying an additional 145 shares in the last quarter. Harvest Fund Management Co. Ltd grew its holdings in shares of Bright Horizons Family Solutions by 253.6% during the third quarter. Harvest Fund Management Co. Ltd now owns 2,981 shares of the company's stock valued at $417,000 after buying an additional 2,138 shares during the last quarter. Finally, Loomis Sayles & Co. L P increased its position in shares of Bright Horizons Family Solutions by 23.1% during the third quarter. Loomis Sayles & Co. L P now owns 273,901 shares of the company's stock valued at $38,381,000 after acquiring an additional 51,424 shares in the last quarter.

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Bright Horizons Family Solutions Stock Performance

BFAM traded down $2.35 on Friday, reaching $126.63. 344,912 shares of the stock were exchanged, compared to its average volume of 420,287. Bright Horizons Family Solutions Inc. has a fifty-two week low of $100.59 and a fifty-two week high of $141.90. 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 firm has a market capitalization of $7.26 billion, a PE ratio of 52.76 and a beta of 1.50. The company's 50-day moving average price is $124.47 and its 200 day moving average price is $122.91.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its earnings results 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%. As a group, sell-side analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. UBS Group cut their target price on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Morgan Stanley reduced their price objective on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating for the company in a research note on Tuesday, February 11th. Jefferies Financial Group lowered 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 note on Thursday, January 23rd. BMO Capital Markets increased their price target on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. Finally, StockNews.com upgraded Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research report on Saturday, February 22nd. One investment 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. Based on data from MarketBeat.com, Bright Horizons Family Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $137.67.

Insiders Place Their Bets

In related news, Director Mary Ann Tocio sold 2,500 shares of Bright Horizons Family Solutions 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 completion of the transaction, the director now directly owns 22,757 shares in the company, valued at approximately $2,838,708.18. This trade represents a 9.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 completion of 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 disclosure for this sale can be found here. Insiders own 1.22% of the company's stock.

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.