Savant Capital LLC Has $1.65 Million Stock Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Savant Capital LLC boosted its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 84.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,911 shares of the company’s stock after buying an additional 6,816 shares during the period. Savant Capital LLC’s holdings in Bright Horizons Family Solutions were worth $1,653,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BFAM. Versant Capital Management Inc acquired a new position in Bright Horizons Family Solutions during the fourth quarter worth $25,000. Raleigh Capital Management Inc. acquired a new position in Bright Horizons Family Solutions during the third quarter worth $29,000. V Square Quantitative Management LLC acquired a new position in Bright Horizons Family Solutions during the third quarter worth $35,000. True Wealth Design LLC acquired a new position in Bright Horizons Family Solutions during the third quarter worth $49,000. Finally, Capital Performance Advisors LLP acquired a new position in Bright Horizons Family Solutions during the third quarter worth $75,000.

Bright Horizons Family Solutions Stock Performance

NYSE BFAM opened at $118.91 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 50-day simple moving average of $114.93 and a 200 day simple moving average of $124.55. 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 capitalization of $6.92 billion, a PE ratio of 59.75 and a beta of 1.45.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results 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 13.23% and a net margin of 4.44%. On average, research analysts predict that Bright Horizons Family Solutions Inc. will post 3 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on BFAM shares. BMO Capital Markets upgraded shares of Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and lowered their target price for the company from $137.00 to $125.00 in a report on Monday, November 18th. UBS Group lowered their target price on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Baird R W upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, November 22nd. StockNews.com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Friday. Finally, Morgan Stanley lowered 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $135.33.

Insiders Place Their Bets

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 5,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $114.71, for a total transaction of $573,550.00. Following the completion of the transaction, the director now owns 25,257 shares in the company, valued at $2,897,230.47. This trade represents a 16.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.22% of the company’s stock.

Bright Horizons Family Solutions Company 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.