Dimensional Fund Advisors LP Has $111.55 Million Holdings in Bright Horizons Family Solutions Inc. $BFAM

Key Points

• Dimensional Fund Advisors LP increased its holdings in Bright Horizons Family Solutions by 8.2%, now owning about 1.53% of the company's stock, valued at approximately $111.5 million.
• Bright Horizons reported earnings per share (EPS) of $1.07, exceeding analysts' estimates of $1.00, and revenue of $731.57 million, a 9.2% increase from last year.
• Analyst opinions are mixed, with Morgan Stanley lowering its target price to $100 and Jefferies lowering theirs to $135, while the stock holds an overall average rating of "Moderate Buy".

Dimensional Fund Advisors LP increased its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 8.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 878,059 shares of the company's stock after acquiring an additional 66,230 shares during the period. Dimensional Fund Advisors LP owned about 1.53% of Bright Horizons Family Solutions worth $111,545,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of BFAM. Larson Financial Group LLC boosted its position in shares of Bright Horizons Family Solutions by 62.2% in the 1st quarter. Larson Financial Group LLC now owns 206 shares of the company's stock valued at $26,000 after purchasing an additional 79 shares during the period. Parallel Advisors LLC grew its position in shares of Bright Horizons Family Solutions by 79.9% in the first quarter. Parallel Advisors LLC now owns 322 shares of the company's stock valued at $41,000 after purchasing an additional 143 shares during the period. Global Financial Private Client LLC grew its position in Bright Horizons Family Solutions by 244.2% during the first quarter. Global Financial Private Client LLC now owns 327 shares of the company's stock valued at $42,000 after acquiring an additional 232 shares during the period. HM Payson & Co. acquired a new position in shares of Bright Horizons Family Solutions during the first quarter worth about $50,000. Finally, GAMMA Investing LLC lifted its stake in shares of Bright Horizons Family Solutions by 72.7% in the first quarter. GAMMA Investing LLC now owns 475 shares of the company's stock worth $60,000 after acquiring an additional 200 shares in the last quarter.

Insider Activity

In other news, Director Mary Ann Tocio sold 3,000 shares of the company's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $120.10, for a total value of $360,300.00. Following the sale, the director directly owned 18,233 shares of the company's stock, valued at approximately $2,189,783.30. This represents a 14.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 dated Friday, August 1st. The shares were sold at an average price of $128.99, for a total transaction of $128,990.00. Following the completion of the transaction, the chief operating officer owned 28,449 shares in the company, valued at approximately $3,669,636.51. This trade represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,000 shares of company stock worth $611,850 over the last three months. Insiders own 1.21% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on BFAM shares. Jefferies Financial Group lowered Bright Horizons Family Solutions from a "buy" rating to a "hold" rating and lowered their target price for the company from $146.00 to $135.00 in a report on Monday, June 23rd. Morgan Stanley decreased their price target on shares of Bright Horizons Family Solutions from $106.00 to $100.00 and set an "underweight" rating for the company in a report on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bright Horizons Family Solutions presently has a consensus rating of "Moderate Buy" and an average price target of $137.75.

Bright Horizons Family Solutions Trading Down 0.8%

BFAM traded down $0.98 during trading on Thursday, reaching $118.48. 89,449 shares of the company's stock were exchanged, compared to its average volume of 496,768. The firm has a market capitalization of $6.74 billion, a PE ratio of 38.74 and a beta of 1.34. Bright Horizons Family Solutions Inc. has a fifty-two week low of $103.75 and a fifty-two week high of $141.90. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.56 and a current ratio of 0.56. The company's fifty day moving average price is $118.61 and its 200-day moving average price is $122.06.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.00 by $0.07. The business had revenue of $731.57 million for the quarter, compared to the consensus estimate of $724.32 million. Bright Horizons Family Solutions had a return on equity of 15.12% and a net margin of 6.34%.The firm's revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 EPS. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.150-4.250 EPS. As a group, equities analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current year.

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.