Bright Horizons Family Solutions Inc. (NYSE:BFAM) Shares Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. grew its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 259.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,977 shares of the company’s stock after acquiring an additional 4,314 shares during the quarter. Fox Run Management L.L.C.’s holdings in Bright Horizons Family Solutions were worth $663,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Versant Capital Management Inc purchased a new position in Bright Horizons Family Solutions in the 4th quarter valued at about $25,000. Atala Financial Inc purchased a new stake in shares of Bright Horizons Family Solutions during the fourth quarter worth about $32,000. Tortoise Investment Management LLC raised its position in shares of Bright Horizons Family Solutions by 76.7% in the fourth quarter. Tortoise Investment Management LLC now owns 417 shares of the company’s stock valued at $46,000 after buying an additional 181 shares during the last quarter. True Wealth Design LLC purchased a new position in shares of Bright Horizons Family Solutions during the third quarter valued at approximately $49,000. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Bright Horizons Family Solutions by 37.2% during the third quarter. Daiwa Securities Group Inc. now owns 535 shares of the company’s stock valued at $75,000 after buying an additional 145 shares during the period.

Insider Activity

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the firm’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $124.69, for a total value of $124,690.00. Following the transaction, the chief operating officer now directly owns 33,449 shares of the company’s stock, valued at $4,170,755.81. This trade represents a 2.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mary Ann Tocio sold 2,500 shares of the company’s stock in a transaction dated Monday, March 10th. The stock was 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 directly owns 22,757 shares of the company’s stock, valued at $2,838,708.18. The trade was 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.

Bright Horizons Family Solutions Stock Performance

Bright Horizons Family Solutions stock opened at $126.46 on Tuesday. The company has a market cap of $7.25 billion, a price-to-earnings ratio of 52.69 and a beta of 1.50. 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 debt-to-equity ratio of 0.66, a current ratio of 0.61 and a quick ratio of 0.61. The stock’s 50-day moving average is $123.68 and its 200-day moving average is $123.14.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.88 EPS 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 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on BFAM. Jefferies Financial Group lowered 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. 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. Morgan Stanley reduced their target price on Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 11th. The Goldman Sachs Group decreased their price target on Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating on the stock in a research note on Friday, December 27th. Finally, 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. One 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average 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.