Bright Horizons Family Solutions Inc. (NYSE:BFAM) Shares Sold by Mayar Capital Ltd.

Mayar Capital Ltd. decreased its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 11.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 60,234 shares of the company’s stock after selling 8,002 shares during the period. Bright Horizons Family Solutions accounts for approximately 8.7% of Mayar Capital Ltd.’s holdings, making the stock its 5th largest position. Mayar Capital Ltd.’s holdings in Bright Horizons Family Solutions were worth $6,677,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Bright Horizons Family Solutions during the fourth quarter worth $79,578,000. Massachusetts Financial Services Co. MA grew its holdings in Bright Horizons Family Solutions by 15.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,181,050 shares of the company’s stock worth $445,761,000 after acquiring an additional 423,456 shares during the period. TimesSquare Capital Management LLC grew its holdings in Bright Horizons Family Solutions by 114.8% during the 4th quarter. TimesSquare Capital Management LLC now owns 209,091 shares of the company’s stock worth $23,178,000 after acquiring an additional 111,760 shares during the period. Conestoga Capital Advisors LLC increased its stake in shares of Bright Horizons Family Solutions by 24.3% in the 4th quarter. Conestoga Capital Advisors LLC now owns 294,835 shares of the company’s stock valued at $32,682,000 after acquiring an additional 57,575 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in shares of Bright Horizons Family Solutions in the 3rd quarter valued at $7,388,000.

Bright Horizons Family Solutions Trading Up 0.1 %

Shares of BFAM opened at $127.52 on Friday. Bright Horizons Family Solutions Inc. has a 52-week low of $100.59 and a 52-week high of $141.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The business’s fifty day moving average is $120.79 and its 200-day moving average is $124.30. The firm has a market cap of $7.31 billion, a price-to-earnings ratio of 53.13 and a beta of 1.50.

Bright Horizons Family Solutions (NYSE:BFAM) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.03). Bright Horizons Family Solutions had a net margin of 5.22% and a return on equity of 13.63%. Equities analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BFAM has been the topic of a number of research analyst reports. StockNews.com raised shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, February 22nd. BMO Capital Markets boosted their target price on shares of Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Morgan Stanley decreased their target price on 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. UBS Group lowered their price target on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Finally, Baird R W raised Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, November 22nd. One 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.67.

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.