Signaturefd LLC Sells 313 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Signaturefd LLC reduced its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 47.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 340 shares of the company’s stock after selling 313 shares during the period. Signaturefd LLC’s holdings in Bright Horizons Family Solutions were worth $32,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BFAM. SG Americas Securities LLC acquired a new position in Bright Horizons Family Solutions during the fourth quarter valued at approximately $176,000. Sfmg LLC bought a new position in shares of Bright Horizons Family Solutions in the fourth quarter valued at $210,000. Xponance Inc. increased its holdings in Bright Horizons Family Solutions by 18.7% during the third quarter. Xponance Inc. now owns 3,238 shares of the company’s stock worth $264,000 after buying an additional 510 shares during the last quarter. Sherbrooke Park Advisers LLC bought a new stake in Bright Horizons Family Solutions during the third quarter worth $343,000. Finally, Park Avenue Securities LLC acquired a new position in shares of Bright Horizons Family Solutions during the 3rd quarter worth about $369,000.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. BMO Capital Markets lifted their price target on Bright Horizons Family Solutions from $102.00 to $104.00 and gave the stock a “market perform” rating in a report on Friday. StockNews.com raised Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Friday. Barclays upgraded shares of Bright Horizons Family Solutions from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $100.00 to $125.00 in a report on Wednesday, February 28th. Robert W. Baird raised their target price on shares of Bright Horizons Family Solutions from $105.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, The Goldman Sachs Group lifted their target price on shares of Bright Horizons Family Solutions from $108.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $106.63.

Insider Transactions at Bright Horizons Family Solutions

In other news, CFO Elizabeth J. Boland sold 15,640 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $113.77, for a total transaction of $1,779,362.80. Following the completion of the transaction, the chief financial officer now directly owns 89,983 shares in the company, valued at approximately $10,237,365.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, COO Mary Lou Burke sold 1,500 shares of the stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $105.00, for a total transaction of $157,500.00. Following the transaction, the chief operating officer now directly owns 37,253 shares in the company, valued at approximately $3,911,565. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elizabeth J. Boland sold 15,640 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $113.77, for a total value of $1,779,362.80. Following the completion of the sale, the chief financial officer now owns 89,983 shares of the company’s stock, valued at approximately $10,237,365.91. The disclosure for this sale can be found here. Insiders own 1.28% of the company’s stock.

Bright Horizons Family Solutions Stock Up 6.7 %

BFAM opened at $111.23 on Friday. Bright Horizons Family Solutions Inc. has a twelve month low of $71.65 and a twelve month high of $119.21. The company’s 50-day moving average price is $111.11 and its two-hundred day moving average price is $98.68. The stock has a market cap of $6.45 billion, a price-to-earnings ratio of 87.58, a PEG ratio of 3.99 and a beta of 1.38. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.78.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.12. The company had revenue of $615.65 million during the quarter, compared to analyst estimates of $588.63 million. Bright Horizons Family Solutions had a return on equity of 12.24% and a net margin of 3.07%. As a group, equities analysts expect that Bright Horizons Family Solutions Inc. will post 2.69 earnings per share for the current year.

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.