Bright Horizons Family Solutions (NYSE:BFAM) Upgraded at StockNews.com

StockNews.com upgraded shares of Bright Horizons Family Solutions (NYSE:BFAM - Free Report) from a sell rating to a hold rating in a report published on Saturday.

BFAM has been the topic of several other research reports. Jefferies Financial Group dropped 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 upped their price objective on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a research report on Tuesday, February 18th. Robert W. Baird raised Bright Horizons Family Solutions from a "neutral" rating to an "outperform" rating and set a $140.00 target price for the company in a report on Friday, November 22nd. Morgan Stanley decreased their price target on 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. Finally, UBS Group dropped their price objective on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. 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 company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $137.67.

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Bright Horizons Family Solutions Stock Up 1.5 %

Shares of BFAM stock traded up $1.88 during midday trading on Friday, reaching $127.11. 312,601 shares of the stock were exchanged, compared to its average volume of 430,947. Bright Horizons Family Solutions has a 1 year low of $100.59 and a 1 year high of $141.90. The firm has a market cap of $7.40 billion, a PE ratio of 52.96 and a beta of 1.45. The company's 50 day moving average is $117.62 and its two-hundred day moving average is $124.50. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.88 EPS for the quarter, missing the consensus estimate 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 research analysts predict that Bright Horizons Family Solutions will post 3.61 EPS for the current year.

Insider Activity

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 5,000 shares of the business's stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $114.71, for a total value of $573,550.00. Following the sale, the director now owns 25,257 shares in the company, valued at $2,897,230.47. The trade was a 16.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.22% of the company's stock.

Institutional Investors Weigh In On Bright Horizons Family Solutions

Large investors have recently bought and sold shares of the business. T. Rowe Price Investment Management Inc. boosted its stake in Bright Horizons Family Solutions by 60.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,958,538 shares of the company's stock worth $549,654,000 after buying an additional 1,868,117 shares during the period. Artisan Partners Limited Partnership bought a new stake in shares of Bright Horizons Family Solutions in the 4th quarter worth about $91,536,000. Raymond James Financial Inc. purchased a new position in shares of Bright Horizons Family Solutions during the 4th quarter worth about $79,578,000. Norges Bank bought a new position in Bright Horizons Family Solutions during the 4th quarter valued at about $71,842,000. Finally, William Blair Investment Management LLC raised its position in Bright Horizons Family Solutions by 29.0% in the 4th quarter. William Blair Investment Management LLC now owns 2,370,336 shares of the company's stock worth $262,752,000 after purchasing an additional 532,644 shares during the period.

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.