Geneva Capital Management LLC raised its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 18.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 709,384 shares of the company’s stock after purchasing an additional 109,916 shares during the quarter. Bright Horizons Family Solutions accounts for about 1.3% of Geneva Capital Management LLC’s holdings, making the stock its 25th biggest holding. Geneva Capital Management LLC owned approximately 1.25% of Bright Horizons Family Solutions worth $77,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently made changes to their positions in BFAM. TimesSquare Capital Management LLC lifted its position in Bright Horizons Family Solutions by 16.8% in the 3rd quarter. TimesSquare Capital Management LLC now owns 200,475 shares of the company’s stock worth $21,766,000 after buying an additional 28,827 shares during the last quarter. Quantbot Technologies LP boosted its stake in shares of Bright Horizons Family Solutions by 3,580.3% in the 3rd quarter. Quantbot Technologies LP now owns 36,656 shares of the company’s stock valued at $3,980,000 after purchasing an additional 35,660 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Bright Horizons Family Solutions by 24.5% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,252 shares of the company’s stock valued at $6,107,000 after purchasing an additional 11,085 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Bright Horizons Family Solutions in the third quarter worth $2,478,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Bright Horizons Family Solutions during the third quarter valued at about $2,768,000.
Wall Street Analysts Forecast Growth
BFAM has been the topic of several recent research reports. UBS Group set a $93.00 price target on Bright Horizons Family Solutions in a research report on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Bright Horizons Family Solutions in a report on Monday, December 29th. BMO Capital Markets cut their price target on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. Robert W. Baird set a $100.00 target price on Bright Horizons Family Solutions in a research note on Friday, February 13th. Finally, Wall Street Zen lowered Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $107.11.
Bright Horizons Family Solutions Trading Down 1.0%
NYSE BFAM opened at $76.41 on Wednesday. The firm has a market capitalization of $4.21 billion, a PE ratio of 22.74, a P/E/G ratio of 1.49 and a beta of 1.42. The stock’s 50 day moving average is $86.58 and its 200 day moving average is $98.20. Bright Horizons Family Solutions Inc. has a twelve month low of $63.68 and a twelve month high of $132.99. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.56.
Bright Horizons Family Solutions (NYSE:BFAM – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $1.13 by $0.02. The business had revenue of $733.70 million during the quarter, compared to analyst estimates of $727.44 million. Bright Horizons Family Solutions had a return on equity of 17.41% and a net margin of 6.58%.The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Research analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.
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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