Bright Horizons Family Solutions Inc. (NYSE:BFAM) Position Increased by Two Sigma Advisers LP

Two Sigma Advisers LP grew its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 1,540.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,000 shares of the company's stock after acquiring an additional 38,500 shares during the period. Two Sigma Advisers LP owned about 0.07% of Bright Horizons Family Solutions worth $4,545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of BFAM. Vanguard Group Inc. boosted its stake 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 buying an additional 101,151 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in Bright Horizons Family Solutions by 60.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,958,538 shares of the company's stock worth $549,654,000 after acquiring an additional 1,868,117 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Bright Horizons Family Solutions by 16.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,546,606 shares of the company's stock valued at $393,141,000 after purchasing an additional 511,905 shares during the last quarter. William Blair Investment Management LLC raised its holdings in shares of Bright Horizons Family Solutions by 29.0% in the 4th quarter. William Blair Investment Management LLC now owns 2,370,336 shares of the company's stock valued at $262,752,000 after purchasing an additional 532,644 shares in the last quarter. Finally, Bamco Inc. NY raised its holdings in shares of Bright Horizons Family Solutions by 4.7% in the 4th quarter. Bamco Inc. NY now owns 1,559,277 shares of the company's stock valued at $172,846,000 after purchasing an additional 69,940 shares in the last quarter.

Insider Buying and Selling at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the 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 completion of the transaction, the chief operating officer now directly owns 33,449 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Also, Director Mary Ann Tocio sold 2,500 shares of the 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 transaction, the director now directly owns 22,757 shares of the company's stock, valued at approximately $2,838,708.18. The trade was a 9.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,500 shares of company stock worth $561,900. 1.22% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on BFAM shares. Morgan Stanley increased their price objective on Bright Horizons Family Solutions from $100.00 to $106.00 and gave the company an "underweight" rating in a report on Tuesday, May 6th. Wall Street Zen upgraded Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd. Finally, BMO Capital Markets increased their price objective on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an "outperform" rating in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Bright Horizons Family Solutions presently has an average rating of "Moderate Buy" and a consensus price target of $138.33.

Bright Horizons Family Solutions Stock Down 1.9%

Shares of NYSE BFAM traded down $2.47 on Wednesday, hitting $129.03. The company had a trading volume of 571,488 shares, compared to its average volume of 453,722. Bright Horizons Family Solutions Inc. has a 12-month low of $100.59 and a 12-month high of $141.90. The business has a 50 day moving average of $121.85 and a two-hundred day moving average of $119.20. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $7.39 billion, a P/E ratio of 53.76 and a beta of 1.32.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.14. Bright Horizons Family Solutions had a return on equity of 13.63% and a net margin of 5.22%. The firm had revenue of $665.53 million for the quarter, compared to analysts' expectations of $664.34 million. During the same quarter in the prior year, the firm posted $0.51 earnings per share. Bright Horizons Family Solutions's revenue for the quarter was up 6.9% compared to the same quarter last year. As a group, equities 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 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.