Trillium Asset Management LLC decreased its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 16.4% in the fourth quarter, HoldingsChannel reports. The firm owned 233,517 shares of the company’s stock after selling 45,894 shares during the quarter. Trillium Asset Management LLC’s holdings in Bright Horizons Family Solutions were worth $24,002,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after purchasing an additional 167 shares during the last quarter. Rothschild Investment LLC raised its position in Bright Horizons Family Solutions by 6,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock valued at $37,000 after purchasing an additional 335 shares during the last quarter. Danske Bank A S bought a new position in Bright Horizons Family Solutions during the 3rd quarter valued at approximately $43,000. Signaturefd LLC raised its position in Bright Horizons Family Solutions by 34.4% during the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after purchasing an additional 109 shares during the last quarter. Finally, True Wealth Design LLC raised its position in Bright Horizons Family Solutions by 214.4% during the 4th quarter. True Wealth Design LLC now owns 547 shares of the company’s stock valued at $55,000 after purchasing an additional 373 shares during the last quarter.
Bright Horizons Family Solutions Stock Down 0.8%
Shares of NYSE:BFAM opened at $64.79 on Friday. Bright Horizons Family Solutions Inc. has a 52-week low of $57.63 and a 52-week high of $130.76. The firm has a market capitalization of $3.41 billion, a P/E ratio of 19.51, a P/E/G ratio of 1.12 and a beta of 1.18. The stock has a 50 day moving average price of $73.18 and a 200-day moving average price of $83.87. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46.
Analysts Set New Price Targets
A number of research analysts have commented on the company. The Goldman Sachs Group lowered their price target on Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $99.00 price target on Bright Horizons Family Solutions and gave the company a “hold” rating in a research report on Friday, February 13th. UBS Group lowered their price target on Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Barclays lowered their price target on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating for the company in a research report on Tuesday, February 17th. Finally, Weiss Ratings lowered Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Bright Horizons Family Solutions has an average rating of “Hold” and a consensus target price of $100.44.
Get Our Latest Stock Report on BFAM
Bright Horizons Family Solutions Profile
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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