Triodos Investment Management BV Boosts Stock Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Triodos Investment Management BV lifted its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 46.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,000 shares of the company’s stock after buying an additional 7,000 shares during the quarter. Triodos Investment Management BV’s holdings in Bright Horizons Family Solutions were worth $2,439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BFAM. Versant Capital Management Inc purchased a new stake in shares of Bright Horizons Family Solutions in the fourth quarter worth $25,000. Atala Financial Inc bought a new position in Bright Horizons Family Solutions in the fourth quarter valued at $32,000. Tortoise Investment Management LLC raised its position in Bright Horizons Family Solutions by 76.7% during the fourth quarter. Tortoise Investment Management LLC now owns 417 shares of the company’s stock valued at $46,000 after purchasing an additional 181 shares in the last quarter. True Wealth Design LLC bought a new stake in Bright Horizons Family Solutions during the third quarter worth about $49,000. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Bright Horizons Family Solutions by 37.2% in the 3rd quarter. Daiwa Securities Group Inc. now owns 535 shares of the company’s stock worth $75,000 after purchasing an additional 145 shares in the last quarter.

Bright Horizons Family Solutions Price Performance

Shares of NYSE BFAM opened at $128.91 on Friday. Bright Horizons Family Solutions Inc. has a fifty-two week low of $100.59 and a fifty-two 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 company has a market cap of $7.39 billion, a PE ratio of 53.71 and a beta of 1.50. The business has a 50-day simple moving average of $124.29 and a two-hundred day simple moving average of $123.11.

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 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, equities analysts expect that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on BFAM. Jefferies Financial Group reduced their price objective on Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. The Goldman Sachs Group lowered their price objective on Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating for the company in a research report on Friday, December 27th. 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. UBS Group cut 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, Morgan Stanley dropped their target price on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating for the company in a report on Tuesday, February 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from 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 news, COO Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $124.69, for a total transaction of $124,690.00. Following the sale, the chief operating officer now owns 33,449 shares of the company’s stock, valued at approximately $4,170,755.81. The trade was a 2.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mary Ann Tocio sold 2,500 shares of Bright Horizons Family Solutions 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 completion of the sale, the director now owns 22,757 shares in the company, valued at $2,838,708.18. This represents a 9.90 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.22% of the company’s stock.

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.