13,504 Shares in Bright Horizons Family Solutions Inc. (NYSE:BFAM) Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. acquired a new position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 13,504 shares of the company's stock, valued at approximately $1,497,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BFAM. Massachusetts Financial Services Co. MA raised its position in shares of Bright Horizons Family Solutions by 15.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,181,050 shares of the company's stock valued at $445,761,000 after buying an additional 423,456 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of Bright Horizons Family Solutions by 174.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 344,397 shares of the company's stock worth $48,260,000 after purchasing an additional 218,707 shares during the period. TimesSquare Capital Management LLC purchased a new stake in Bright Horizons Family Solutions in the 3rd quarter valued at about $13,639,000. Assenagon Asset Management S.A. acquired a new position in Bright Horizons Family Solutions in the third quarter valued at about $11,780,000. Finally, Conestoga Capital Advisors LLC boosted its stake in Bright Horizons Family Solutions by 24.3% during the fourth quarter. Conestoga Capital Advisors LLC now owns 294,835 shares of the company's stock worth $32,682,000 after buying an additional 57,575 shares during the period.

Insider Buying and Selling at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $114.71, for a total transaction of $573,550.00. Following the sale, the director now owns 25,257 shares of the company's stock, 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 Securities & Exchange Commission, which can be accessed through this link. 1.22% of the stock is owned by insiders.

Bright Horizons Family Solutions Stock Down 2.4 %

Shares of Bright Horizons Family Solutions stock traded down $3.08 on Friday, reaching $126.29. 525,477 shares of the company were exchanged, compared to its average volume of 436,208. The stock's 50 day moving average price is $116.91 and its 200-day moving average price is $124.69. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. Bright Horizons Family Solutions Inc. has a 1-year low of $100.59 and a 1-year high of $141.90. The company has a market cap of $7.35 billion, a P/E ratio of 52.62 and a beta of 1.45.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its quarterly earnings data 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, equities analysts forecast that Bright Horizons Family Solutions Inc. will post 3.49 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on BFAM. StockNews.com raised shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Friday, February 14th. UBS Group decreased their price target 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. The Goldman Sachs Group dropped their price objective on 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. Morgan Stanley cut their price objective on Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating on the stock in a report on Tuesday, February 11th. Finally, BMO Capital Markets raised their target price on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a report on Tuesday. 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 assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently 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.