Alpine Peaks Capital LP Has $7.95 Million Stock Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Alpine Peaks Capital LP grew its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 71,751 shares of the company's stock after acquiring an additional 4,205 shares during the quarter. Bright Horizons Family Solutions comprises about 6.5% of Alpine Peaks Capital LP's portfolio, making the stock its 2nd biggest holding. Alpine Peaks Capital LP owned approximately 0.12% of Bright Horizons Family Solutions worth $7,954,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Bright Horizons Family Solutions by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 5,442,777 shares of the company's stock worth $603,332,000 after purchasing an additional 101,151 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its position in Bright Horizons Family Solutions by 60.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,958,538 shares of the company's stock valued at $549,654,000 after acquiring an additional 1,868,117 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Bright Horizons Family Solutions by 16.9% during the fourth quarter. JPMorgan Chase & Co. now owns 3,546,606 shares of the company's stock worth $393,141,000 after acquiring an additional 511,905 shares in the last quarter. William Blair Investment Management LLC lifted its holdings in shares of Bright Horizons Family Solutions by 29.0% in the fourth quarter. William Blair Investment Management LLC now owns 2,370,336 shares of the company's stock worth $262,752,000 after acquiring an additional 532,644 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Bright Horizons Family Solutions by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 929,542 shares of the company's stock valued at $103,075,000 after purchasing an additional 4,710 shares in the last quarter.

Bright Horizons Family Solutions Trading Up 1.0 %

BFAM stock traded up $1.19 during midday trading on Tuesday, hitting $122.51. The stock had a trading volume of 109,020 shares, compared to its average volume of 440,363. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. The firm has a market cap of $7.03 billion, a P/E ratio of 50.97 and a beta of 1.31. The business has a fifty day moving average price of $122.88 and a two-hundred day moving average price of $119.74. Bright Horizons Family Solutions Inc. has a 1-year low of $100.59 and a 1-year high of $141.90.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.88 EPS for the quarter, missing the consensus estimate 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, sell-side analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BFAM has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research report on Saturday, February 22nd. Morgan Stanley lowered their price target on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating for the company in a report on Tuesday, February 11th. 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 research report on Tuesday, February 18th. Jefferies Financial Group lowered their target price on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating for the company in a report on Thursday, January 23rd. Finally, UBS Group cut their price target on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of "Moderate Buy" and a consensus price target of $137.67.

Insider Buying and Selling

In related news, Director Mary Ann Tocio sold 2,500 shares of Bright Horizons Family Solutions stock in a transaction on Monday, March 10th. The shares were sold at an average price of $124.74, for a total value of $311,850.00. Following the completion of the sale, the director now owns 22,757 shares of the company's stock, valued at approximately $2,838,708.18. This trade represents a 9.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Mary Lou Burke sold 1,000 shares of the company's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $124.69, for a total transaction of $124,690.00. Following the transaction, the chief operating officer now owns 33,449 shares in the company, valued at approximately $4,170,755.81. The trade was a 2.90 % decrease in their position. The disclosure for this sale can be found here. 1.22% of the stock is owned by insiders.

Bright Horizons Family Solutions Company 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.