Bright Horizons Family Solutions Inc. (NYSE:BFAM) COO Mary Lou Burke Sells 1,000 Shares

Bright Horizons Family Solutions Inc. (NYSE:BFAM - Get Free Report) COO Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions 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 completion of the transaction, the chief operating officer now directly owns 33,449 shares of the company's stock, valued at $4,170,755.81. This represents a 2.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Bright Horizons Family Solutions Stock Down 1.2 %

NYSE BFAM traded down $1.50 during trading on Tuesday, hitting $127.64. The stock had a trading volume of 88,831 shares, compared to its average volume of 406,906. Bright Horizons Family Solutions Inc. has a 12 month low of $100.59 and a 12 month high of $141.90. The company has a market capitalization of $7.32 billion, a PE ratio of 53.18 and a beta of 1.50. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The company's 50-day moving average price is $122.12 and its two-hundred day moving average price is $123.70.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its quarterly 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, sell-side analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current year.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd increased its position in shares of Bright Horizons Family Solutions by 62.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 7,097 shares of the company's stock worth $787,000 after purchasing an additional 2,739 shares during the period. Cerity Partners LLC increased its position in shares of 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 purchasing an additional 11,236 shares during the period. New York Life Investment Management LLC bought a new position in shares of Bright Horizons Family Solutions in the fourth quarter worth $679,000. New York State Common Retirement Fund increased its position in shares of Bright Horizons Family Solutions by 45.4% in the fourth quarter. New York State Common Retirement Fund now owns 115,183 shares of the company's stock worth $12,768,000 after purchasing an additional 35,959 shares during the period. Finally, BNP Paribas Financial Markets increased its position in shares of Bright Horizons Family Solutions by 560.0% in the third quarter. BNP Paribas Financial Markets now owns 9,180 shares of the company's stock worth $1,286,000 after purchasing an additional 7,789 shares during the period.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BFAM shares. Baird R W raised Bright Horizons Family Solutions from a "hold" rating to a "strong-buy" rating in a report on Friday, November 22nd. BMO Capital Markets boosted their price objective 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. UBS Group dropped their price objective 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. Morgan Stanley decreased their target price 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. Finally, Robert W. Baird upgraded Bright Horizons Family Solutions from a "neutral" rating to an "outperform" rating and set a $140.00 target price for the company in a research report on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions has a consensus rating of "Moderate Buy" and an average price target of $137.67.

Bright Horizons Family Solutions Company 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.