Susquehanna International Group LLP Reduces Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Susquehanna International Group LLP lowered its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM - Free Report) by 31.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,492 shares of the company's stock after selling 23,698 shares during the quarter. Susquehanna International Group LLP owned about 0.09% of Bright Horizons Family Solutions worth $5,708,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Artisan Partners Limited Partnership bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at approximately $91,536,000. Raymond James Financial Inc. purchased a new position in Bright Horizons Family Solutions during the 4th quarter valued at $79,578,000. Norges Bank bought a new position in Bright Horizons Family Solutions in the 4th quarter valued at $71,842,000. William Blair Investment Management LLC increased its stake in 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 purchasing an additional 532,644 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of 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 purchasing an additional 511,905 shares during the last quarter.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. UBS Group decreased their price target on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. Jefferies Financial Group decreased their target price on Bright Horizons Family Solutions from $155.00 to $132.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. StockNews.com raised Bright Horizons Family Solutions from a "sell" rating to a "hold" rating in a research report on Saturday, February 22nd. BMO Capital Markets lifted 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. Finally, Morgan Stanley dropped their target price on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an "underweight" rating on the stock in a report on Tuesday, February 11th. 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 company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $137.67.

Insider Transactions at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the company's stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $125.36, for a total transaction 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 approximately $3,942,446.64. This represents a 3.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 transaction of $311,850.00. Following the transaction, the director now directly owns 22,757 shares in the company, 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. Insiders have sold 4,500 shares of company stock worth $561,900 over the last 90 days. 1.22% of the stock is currently owned by company insiders.

Bright Horizons Family Solutions Stock Performance

BFAM traded down $1.12 on Monday, reaching $127.06. 528,621 shares of the stock were exchanged, compared to its average volume of 441,530. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. The company's 50-day moving average price is $122.73 and its 200 day moving average price is $119.51. The firm has a market capitalization of $7.29 billion, a PE ratio of 52.94 and a beta of 1.32. Bright Horizons Family Solutions Inc. has a fifty-two week low of $100.59 and a fifty-two week high of $141.90.

Bright Horizons Family Solutions (NYSE:BFAM - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.88 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.03). Bright Horizons Family Solutions had a return on equity of 13.63% and a net margin of 5.22%. As a group, sell-side analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 EPS 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.