Two Sigma Investments LP Buys 141,467 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Two Sigma Investments LP boosted its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 183.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 218,609 shares of the company's stock after buying an additional 141,467 shares during the period. Two Sigma Investments LP owned approximately 0.38% of Bright Horizons Family Solutions worth $24,233,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BFAM. Barclays PLC grew its stake in Bright Horizons Family Solutions by 24.6% during the third quarter. Barclays PLC now owns 19,215 shares of the company's stock worth $2,693,000 after buying an additional 3,796 shares in the last quarter. Park Avenue Securities LLC grew its stake in Bright Horizons Family Solutions by 23.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,881 shares of the company's stock worth $430,000 after buying an additional 736 shares in the last quarter. Merit Financial Group LLC acquired a new stake in Bright Horizons Family Solutions during the fourth quarter worth about $215,000. SG Americas Securities LLC acquired a new stake in Bright Horizons Family Solutions during the fourth quarter worth about $271,000. Finally, Berry Wealth Group LP grew its stake in Bright Horizons Family Solutions by 11.4% during the fourth quarter. Berry Wealth Group LP now owns 2,374 shares of the company's stock worth $263,000 after buying an additional 242 shares in the last quarter.

Bright Horizons Family Solutions Trading Up 2.8%

NYSE:BFAM traded up $3.50 during mid-day trading on Friday, hitting $130.02. 720,025 shares of the company's stock were exchanged, compared to its average volume of 452,232. The company has a 50 day simple moving average of $121.72 and a 200-day simple moving average of $119.00. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. Bright Horizons Family Solutions Inc. has a fifty-two week low of $100.59 and a fifty-two week high of $141.90. The firm has a market capitalization of $7.44 billion, a P/E ratio of 54.18 and a beta of 1.32.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.63 by $0.14. Bright Horizons Family Solutions had a net margin of 5.22% and a return on equity of 13.63%. The business had revenue of $665.53 million for the quarter, compared to the consensus estimate of $664.34 million. During the same period last year, the company earned $0.51 EPS. The firm's revenue was up 6.9% compared to the same quarter last year. As a group, research analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $124.74, for a total transaction of $311,850.00. Following the completion of the transaction, the director now owns 22,757 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. Also, COO Mary Lou Burke sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $125.36, for a total transaction of $125,360.00. Following the transaction, the chief operating officer now owns 31,449 shares of the company's stock, valued at approximately $3,942,446.64. The trade was a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,500 shares of company stock worth $561,900 in the last ninety days. Company insiders own 1.22% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BFAM. Wall Street Zen upgraded shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd. BMO Capital Markets raised 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 note on Tuesday, February 18th. Finally, Morgan Stanley raised their price target on shares of Bright Horizons Family Solutions from $100.00 to $106.00 and gave the company an "underweight" rating in a research note on Tuesday, May 6th. One 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 issued a strong buy rating to the company. According to data from MarketBeat.com, Bright Horizons Family Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $138.33.

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.