Jump Financial LLC Purchases Shares of 37,913 Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Jump Financial LLC bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 37,913 shares of the company's stock, valued at approximately $4,203,000. Jump Financial LLC owned 0.07% of Bright Horizons Family Solutions as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. XTX Topco Ltd raised its position in Bright Horizons Family Solutions by 106.1% in the 4th quarter. XTX Topco Ltd now owns 12,578 shares of the company's stock valued at $1,394,000 after purchasing an additional 6,475 shares during the last quarter. Mariner LLC raised its stake in shares of Bright Horizons Family Solutions by 9.0% in the fourth quarter. Mariner LLC now owns 7,446 shares of the company's stock worth $825,000 after acquiring an additional 612 shares during the last quarter. Barclays PLC lifted its position in shares of Bright Horizons Family Solutions by 57.5% during the fourth quarter. Barclays PLC now owns 30,272 shares of the company's stock worth $3,355,000 after purchasing an additional 11,057 shares in the last quarter. Sagespring Wealth Partners LLC acquired a new position in Bright Horizons Family Solutions during the 4th quarter worth $222,000. Finally, Sterling Capital Management LLC raised its position in shares of Bright Horizons Family Solutions by 50.3% during the fourth quarter. Sterling Capital Management LLC now owns 3,043 shares of the company's stock worth $337,000 after acquiring an additional 1,018 shares during the last quarter.

Bright Horizons Family Solutions Stock Performance

BFAM stock traded up $1.58 during mid-day trading on Tuesday, hitting $114.97. 49,732 shares of the company were exchanged, compared to its average volume of 437,005. Bright Horizons Family Solutions Inc. has a 1-year low of $100.59 and a 1-year high of $141.90. The business has a 50 day simple moving average of $123.61 and a 200-day simple moving average of $120.28. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $6.59 billion, a PE ratio of 47.90 and a beta of 1.31.

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 return on equity of 13.63% and a net margin of 5.22%. On average, equities analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.

Insider Activity

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $124.69, for a total value of $124,690.00. Following the transaction, the chief operating officer now directly owns 33,449 shares of the company's stock, valued at $4,170,755.81. This trade represents a 2.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mary Ann Tocio sold 2,500 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $124.74, for a total transaction of $311,850.00. Following the sale, the director now directly owns 22,757 shares in the company, valued at approximately $2,838,708.18. The trade was a 9.90 % decrease in their position. The disclosure for this sale can be found here. 1.22% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on BFAM shares. Morgan Stanley cut their price target on 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. The Goldman Sachs Group lowered their target price 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 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 Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an "outperform" rating in a report on Tuesday, February 18th. Finally, StockNews.com raised shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $137.67.

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.