Fund 1 Investments LLC Invests $243,000 in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Fund 1 Investments LLC bought a new position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 2,188 shares of the company's stock, valued at approximately $243,000.

Several other large investors have also made changes to their positions in BFAM. Ensign Peak Advisors Inc boosted its stake in Bright Horizons Family Solutions by 20.2% during the fourth quarter. Ensign Peak Advisors Inc now owns 23,409 shares of the company's stock worth $2,595,000 after buying an additional 3,941 shares in the last quarter. Ethic Inc. boosted its position in shares of Bright Horizons Family Solutions by 9.3% during the 4th quarter. Ethic Inc. now owns 3,020 shares of the company's stock valued at $335,000 after acquiring an additional 256 shares in the last quarter. D. E. Shaw & Co. Inc. bought a new stake in Bright Horizons Family Solutions in the fourth quarter valued at about $6,758,000. Deutsche Bank AG raised its position in Bright Horizons Family Solutions by 742.8% in the fourth quarter. Deutsche Bank AG now owns 273,399 shares of the company's stock worth $30,306,000 after purchasing an additional 240,960 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Bright Horizons Family Solutions by 7.2% during the fourth quarter. Cetera Investment Advisers now owns 5,426 shares of the company's stock worth $601,000 after purchasing an additional 366 shares during the period.

Insider Activity at Bright Horizons Family Solutions

In related news, COO Mary Lou Burke sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $125.36, for a total value of $125,360.00. Following the completion of the transaction, the chief operating officer now directly owns 31,449 shares in the company, valued at $3,942,446.64. The trade was a 3.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mary Ann Tocio sold 2,500 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $124.74, for a total transaction of $311,850.00. Following the completion of the sale, the director now directly 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 disclosure for this sale can be found here. Insiders have sold a total of 4,500 shares of company stock valued at $561,900 over the last 90 days. 1.22% of the stock is owned by insiders.

Bright Horizons Family Solutions Trading Up 1.0%

BFAM traded up $1.19 during trading on Thursday, reaching $121.13. 215,106 shares of the stock traded hands, compared to its average volume of 442,850. Bright Horizons Family Solutions Inc. has a 12 month low of $100.59 and a 12 month high of $141.90. 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 stock's 50-day moving average is $121.81 and its 200 day moving average is $119.24. The stock has a market capitalization of $6.94 billion, a PE ratio of 50.45 and a beta of 1.32.

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. BMO Capital Markets increased their price objective on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 18th. StockNews.com raised shares of Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research note on Saturday, February 22nd. Jefferies Financial Group cut their target price on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Morgan Stanley increased their price target on Bright Horizons Family Solutions from $100.00 to $106.00 and gave the stock an "underweight" rating in a research report on Tuesday, May 6th. Finally, UBS Group lowered their price objective on Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating for the company in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $138.33.

About Bright Horizons Family Solutions

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.