Bright Horizons Family Solutions Inc. (NYSE:BFAM) Shares Acquired by Graphene Investments SAS

Graphene Investments SAS lifted its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 25.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,900 shares of the company's stock after purchasing an additional 5,700 shares during the quarter. Bright Horizons Family Solutions comprises about 2.1% of Graphene Investments SAS's portfolio, making the stock its 11th biggest position. Graphene Investments SAS's holdings in Bright Horizons Family Solutions were worth $3,093,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BFAM. Handelsbanken Fonder AB lifted its position in Bright Horizons Family Solutions by 40.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 15,344 shares of the company's stock worth $2,150,000 after acquiring an additional 4,400 shares during the period. CWM LLC lifted its position in Bright Horizons Family Solutions by 449.5% during the 3rd quarter. CWM LLC now owns 8,034 shares of the company's stock worth $1,126,000 after acquiring an additional 6,572 shares during the period. LVW Advisors LLC lifted its position in Bright Horizons Family Solutions by 11.0% during the 3rd quarter. LVW Advisors LLC now owns 6,084 shares of the company's stock worth $853,000 after acquiring an additional 601 shares during the period. Creative Planning acquired a new stake in Bright Horizons Family Solutions during the 3rd quarter worth about $373,000. Finally, V Square Quantitative Management LLC acquired a new stake in Bright Horizons Family Solutions during the 3rd quarter worth about $35,000.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Robert W. Baird raised Bright Horizons Family Solutions from a "neutral" rating to an "outperform" rating and set a $140.00 price objective for the company in a report on Friday, November 22nd. Jefferies Financial Group reduced their target price on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. Baird R W raised Bright Horizons Family Solutions from a "hold" rating to a "strong-buy" rating in a report on Friday, November 22nd. UBS Group cut their price target on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Finally, StockNews.com upgraded Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research report on Wednesday, February 5th. 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 data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $135.33.

Insider Transactions at Bright Horizons Family Solutions

In related news, Director Mary Ann Tocio sold 5,000 shares of Bright Horizons Family Solutions stock in a transaction 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 completion of the transaction, the director now directly owns 25,257 shares in the company, valued at approximately $2,897,230.47. This trade represents a 16.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.22% of the company's stock.

Bright Horizons Family Solutions Trading Down 3.0 %

Shares of BFAM traded down $3.68 during midday trading on Tuesday, hitting $118.96. 268,720 shares of the stock were exchanged, compared to its average volume of 380,471. Bright Horizons Family Solutions Inc. has a 52-week low of $94.83 and a 52-week high of $141.90. The stock has a fifty day simple moving average of $114.91 and a 200 day simple moving average of $124.62. The firm has a market cap of $6.92 billion, a P/E ratio of 59.76 and a beta of 1.45. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61.

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.