Private Advisor Group LLC Sells 91 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Private Advisor Group LLC lowered its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,400 shares of the company’s stock after selling 91 shares during the period. Private Advisor Group LLC’s holdings in Bright Horizons Family Solutions were worth $266,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Cerity Partners LLC raised its holdings in Bright Horizons Family Solutions by 63.0% during the 3rd quarter. Cerity Partners LLC now owns 29,078 shares of the company’s stock valued at $4,075,000 after acquiring an additional 11,236 shares during the period. New York State Common Retirement Fund boosted its stake in Bright Horizons Family Solutions by 45.4% during the fourth quarter. New York State Common Retirement Fund now owns 115,183 shares of the company’s stock valued at $12,768,000 after buying an additional 35,959 shares during the period. BNP Paribas Financial Markets lifted its position in Bright Horizons Family Solutions by 560.0% during the third quarter. BNP Paribas Financial Markets now owns 9,180 shares of the company’s stock valued at $1,286,000 after purchasing an additional 7,789 shares during the last quarter. Massachusetts Financial Services Co. MA increased 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 purchasing an additional 423,456 shares during the last quarter. Finally, Graphene Investments SAS grew its stake in shares of Bright Horizons Family Solutions by 25.7% during the fourth quarter. Graphene Investments SAS now owns 27,900 shares of the company’s stock valued at $3,093,000 after buying an additional 5,700 shares during the last quarter.

Bright Horizons Family Solutions Trading Up 1.3 %

Shares of NYSE BFAM opened at $130.32 on Thursday. Bright Horizons Family Solutions Inc. has a 1-year low of $100.59 and a 1-year high of $141.90. The stock has a market capitalization of $7.58 billion, a P/E ratio of 54.30 and a beta of 1.45. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. The business has a fifty day moving average price of $119.71 and a 200 day moving average price of $124.29.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, February 13th. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate 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%. Equities research analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on BFAM shares. 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. 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. Morgan Stanley dropped their target price on Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 11th. Jefferies Financial Group dropped their price objective on Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. Finally, Robert W. Baird upgraded shares of Bright Horizons Family Solutions from a “neutral” rating to an “outperform” rating and set a $140.00 target price on the stock in a research report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $137.67.

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.