Graphene Investments SAS Increases Stock Position in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Graphene Investments SAS lifted its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 25.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,900 shares of the company’s stock after buying an additional 5,700 shares during the quarter. Bright Horizons Family Solutions makes up about 2.1% of Graphene Investments SAS’s holdings, making the stock its 11th biggest holding. Graphene Investments SAS’s holdings in Bright Horizons Family Solutions were worth $3,093,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Conestoga Capital Advisors LLC grew its holdings in Bright Horizons Family Solutions by 24.3% in the fourth quarter. Conestoga Capital Advisors LLC now owns 294,835 shares of the company’s stock worth $32,682,000 after purchasing an additional 57,575 shares during the period. Berry Wealth Group LP increased its position in Bright Horizons Family Solutions by 11.4% during the 4th quarter. Berry Wealth Group LP now owns 2,374 shares of the company’s stock valued at $263,000 after buying an additional 242 shares in the last quarter. SG Americas Securities LLC bought a new position in Bright Horizons Family Solutions during the 4th quarter valued at approximately $271,000. Merit Financial Group LLC purchased a new position in Bright Horizons Family Solutions during the fourth quarter valued at $215,000. Finally, Avanza Fonder AB bought a new stake in Bright Horizons Family Solutions in the fourth quarter worth $93,000.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group lowered their price target on Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating for the company in a research report on Friday, December 27th. BMO Capital Markets upgraded shares of Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and dropped their target price for the stock from $137.00 to $125.00 in a research note on Monday, November 18th. Jefferies Financial Group cut their price target on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. StockNews.com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Robert W. Baird upgraded 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 note on Friday, November 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.56.

Bright Horizons Family Solutions Stock Performance

Shares of BFAM opened at $121.85 on Friday. The firm has a market capitalization of $7.09 billion, a P/E ratio of 61.23 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. Bright Horizons Family Solutions Inc. has a one year low of $94.83 and a one year high of $141.90. The business has a fifty day moving average of $114.50 and a 200 day moving average of $124.47.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings results on Monday, November 4th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.05. Bright Horizons Family Solutions had a return on equity of 13.23% and a net margin of 4.44%. The business had revenue of $719.00 million during the quarter, compared to the consensus estimate of $713.16 million. During the same period in the previous year, the company posted $0.78 EPS. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Bright Horizons Family Solutions Inc. will post 3 EPS for the current year.

Insider Activity at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total transaction of $573,550.00. Following the sale, the director now directly owns 25,257 shares in the company, valued at $2,897,230.47. This represents a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.22% of the stock is currently owned by company insiders.

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.