1 week Ago By ABMN Staff
Prudential Financial Inc. reduced its stake in shares of Bright Horizons Family Solutions Inc. ( NYSE:BFAM – Free Report ) by 54.
1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,536 shares of the company’s stock after selling 2,993 shares during the period. Prudential Financial Inc.
’s holdings in Bright Horizons Family Solutions were worth $281,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in the stock. Raymond James Financial Inc.
purchased a new position in Bright Horizons Family Solutions in the fourth quarter worth approximately $79,578,000. William Blair Investment Management LLC grew its position in shares of Bright Horizons Family Solutions by 29.0% during the fourth quarter.
William Blair Investment Management LLC now owns 2,370,336 shares of the company’s stock worth $262,752,000 after buying an additional 532,644 shares in the last quarter. American Century Companies Inc. grew its holdings in Bright Horizons Family Solutions by 29.
5% during the 4th quarter. American Century Companies Inc. now owns 711,745 shares of the company’s stock worth $78,897,000 after acquiring an additional 162,278 shares in the last quarter.
TimesSquare Capital Management LLC grew its stake in shares of Bright Horizons Family Solutions by 114.8% during the fourth quarter. TimesSquare Capital Management LLC now owns 209,091 shares of the company’s stock worth $23,178,000 after purchasing an additional 111,760 shares in the last quarter.
Finally, Vanguard Group Inc. increased its holdings in shares of Bright Horizons Family Solutions by 1.9% in the 4th quarter.
Vanguard Group Inc. now owns 5,442,777 shares of the company’s stock valued at $603,332,000 after acquiring an additional 101,151 shares during the last quarter. Bright Horizons Family Solutions Stock Performance Shares of BFAM opened at $115.
79 on Friday. The stock has a market capitalization of $6.64 billion, a P/E ratio of 48.
24 and a beta of 1.31. The company has a debt-to-equity ratio of 0.
66, a quick ratio of 0.61 and a current 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’s fifty day moving average is $124.17 and its two-hundred day moving average is $121.
47. Analysts Set New Price Targets Several brokerages have recently issued reports on BFAM. StockNews.
com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Saturday, February 22nd. Jefferies Financial Group reduced 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. The Goldman Sachs Group lowered their target price on shares of Bright Horizons Family Solutions from $162.00 to $142.
00 and set a “buy” rating on the stock in a research report on Friday, December 27th. BMO Capital Markets upped their price target on shares of 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. Finally, UBS Group lowered their price objective on shares of Bright Horizons Family Solutions from $148.00 to $130.
00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Bright Horizons Family Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $137.
67. Check Out Our Latest Stock Report on Bright Horizons Family Solutions Insider Transactions at Bright Horizons Family Solutions In other news, COO Mary Lou Burke sold 1,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $124.
69, for a total value of $124,690.00. Following the completion of the transaction, the chief operating officer now owns 33,449 shares in the company, valued at $4,170,755.
81. This trade represents a 2.90 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Mary Ann Tocio sold 2,500 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $124.
74, for a total transaction of $311,850.00. Following the sale, the director now directly owns 22,757 shares in the company, valued at approximately $2,838,708.
18. This represents a 9.90 % decrease in their position.
The disclosure for this sale can be found here . Company insiders own 1.22% of the company’s stock.
About Bright Horizons Family Solutions ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding BFAM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Bright Horizons Family Solutions Inc. ( NYSE:BFAM – Free Report ). Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.
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