Xponance Inc. Purchases 374 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Xponance Inc. raised its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 10.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,862 shares of the company’s stock after purchasing an additional 374 shares during the quarter. Xponance Inc.’s holdings in Bright Horizons Family Solutions were worth $428,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd increased its stake in shares of Bright Horizons Family Solutions by 62.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 7,097 shares of the company’s stock valued at $787,000 after buying an additional 2,739 shares during the period. Cerity Partners LLC increased its position in Bright Horizons Family Solutions by 63.0% in the 3rd quarter. Cerity Partners LLC now owns 29,078 shares of the company’s stock valued at $4,075,000 after acquiring an additional 11,236 shares during the period. New York Life Investment Management LLC bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at $679,000. New York State Common Retirement Fund raised its stake in shares of Bright Horizons Family Solutions by 45.4% during the fourth quarter. New York State Common Retirement Fund now owns 115,183 shares of the company’s stock valued at $12,768,000 after acquiring an additional 35,959 shares during the last quarter. Finally, Jupiter Asset Management Ltd. bought a new stake in shares of Bright Horizons Family Solutions in the fourth quarter worth $5,212,000.

Bright Horizons Family Solutions Price Performance

Shares of NYSE BFAM opened at $125.09 on Thursday. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 52.12 and a beta of 1.50. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. Bright Horizons Family Solutions Inc. has a fifty-two week low of $100.59 and a fifty-two week high of $141.90. The firm’s 50-day simple moving average is $124.06 and its 200 day simple moving average is $123.06.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data 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 return on equity of 13.63% and a net margin of 5.22%. As a group, research analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Insider Buying and Selling at Bright Horizons Family Solutions

In related news, COO Mary Lou Burke sold 1,000 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $124.69, for a total transaction 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 Securities & Exchange Commission, which is available at this link. 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 transaction 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 ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.22% of the company’s stock.

Analyst Upgrades and Downgrades

BFAM has been the subject of several analyst reports. The Goldman Sachs Group lowered their target price 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. Jefferies Financial Group cut 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. UBS Group decreased 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 research report on Friday, January 24th. BMO Capital Markets boosted their price target on shares of Bright Horizons Family Solutions from $127.00 to $146.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 18th. Finally, StockNews.com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, February 22nd. One investment analyst has rated the stock with a sell rating, three have given 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, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $137.67.

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.