2 weeks Ago By Defense World Staff
Bank of Montreal Can boosted its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 2,912 shares of the company’s stock after acquiring an additional 101 shares during the quarter. Bank of Montreal Can’s holdings in Bright Horizons Family Solutions were worth $323,000 at the end of the most recent quarter. Other large investors also recently modified their holdings of the company.
Versant Capital Management Inc acquired a new stake in Bright Horizons Family Solutions in the 4th quarter valued at about $25,000. Atala Financial Inc acquired a new position in Bright Horizons Family Solutions during the fourth quarter valued at approximately $32,000. Tortoise Investment Management LLC lifted its holdings in shares of Bright Horizons Family Solutions by 76.
7% during the fourth quarter. Tortoise Investment Management LLC now owns 417 shares of the company’s stock worth $46,000 after buying an additional 181 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in Bright Horizons Family Solutions by 423.
2% in the 3rd quarter. Anchor Investment Management LLC now owns 654 shares of the company’s stock valued at $92,000 after purchasing an additional 529 shares during the period. Finally, Avanza Fonder AB bought a new stake in shares of Bright Horizons Family Solutions during the fourth quarter valued at approximately $93,000.
Bright Horizons Family Solutions Stock Up 2.5 %Shares of Bright Horizons Family Solutions stock opened at $120.07 on Thursday.
The firm has a market cap of $6.89 billion, a PE ratio of 50.03 and a beta of 1.
31. Bright Horizons Family Solutions Inc. has a 52-week low of $100.
59 and a 52-week high of $141.90. The business’s 50 day simple moving average is $123.
40 and its 200 day simple moving average is $120.25. 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 (NYSE:BFAM – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates 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%. On average, analysts predict that Bright Horizons Family Solutions Inc.
will post 3.61 earnings per share for the current fiscal year. Analysts Set New Price TargetsSeveral equities research analysts have recently weighed in on BFAM shares.
Jefferies Financial Group lowered their target price 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.
The Goldman Sachs Group dropped their target price 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.
StockNews.com upgraded Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Saturday, February 22nd. BMO Capital Markets boosted their price objective on Bright Horizons Family Solutions from $127.
00 to $146.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Finally, Morgan Stanley reduced their target price on shares of Bright Horizons Family Solutions from $102.
00 to $100.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 11th. One 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’s stock.
According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $137.67.View Our Latest Research Report on Bright Horizons Family SolutionsInsiders Place Their BetsIn other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 2,500 shares of the company’s stock in a transaction dated Monday, March 10th.
The stock was sold at an average price of $124.74, for a total value of $311,850.00.
Following the completion of the transaction, the director now owns 22,757 shares of the company’s stock, valued at $2,838,708.18. This represents a 9.
90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Mary Lou Burke sold 1,000 shares of the business’s stock in a transaction dated Thursday, March 13th.
The stock was sold at an average price of $124.69, for a total value of $124,690.00.
Following the sale, the chief operating officer now owns 33,449 shares in the company, valued at approximately $4,170,755.81. This trade represents a 2.
90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.
22% of the company’s stock. Bright Horizons Family Solutions Company Profile (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.
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(NYSE:BFAM – Free Report)..
