DE Burlo Group Inc. Has $1.34 Million Position in Bright Horizons Family Solutions Inc (NYSE:BFAM)

DE Burlo Group Inc. lessened its stake in Bright Horizons Family Solutions Inc (NYSE:BFAM) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,900 shares of the company’s stock after selling 200 shares during the period. DE Burlo Group Inc.’s holdings in Bright Horizons Family Solutions were worth $1,337,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BFAM. Global Retirement Partners LLC boosted its position in Bright Horizons Family Solutions by 71.5% in the 4th quarter. Global Retirement Partners LLC now owns 247 shares of the company’s stock valued at $37,000 after buying an additional 103 shares during the last quarter. Huntington National Bank boosted its holdings in Bright Horizons Family Solutions by 50.5% in the third quarter. Huntington National Bank now owns 331 shares of the company’s stock valued at $50,000 after acquiring an additional 111 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in Bright Horizons Family Solutions in the fourth quarter valued at about $60,000. Quest Capital Management Inc. ADV bought a new position in Bright Horizons Family Solutions in the third quarter valued at about $73,000. Finally, Squar Milner Financial Services LLC acquired a new stake in Bright Horizons Family Solutions in the third quarter worth about $108,000. Hedge funds and other institutional investors own 96.47% of the company’s stock.

BFAM has been the subject of several recent research reports. Zacks Investment Research raised Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Monday, December 30th. Jefferies Financial Group began coverage on shares of Bright Horizons Family Solutions in a research report on Wednesday, November 27th. They set a “buy” rating and a $177.00 price target for the company. ValuEngine downgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, February 4th. Finally, BMO Capital Markets increased their price objective on shares of Bright Horizons Family Solutions from $167.00 to $178.00 and gave the company an “outperform” rating in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $161.00.

In related news, Director Mary Ann Tocio sold 20,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $150.47, for a total transaction of $3,009,400.00. Following the transaction, the director now owns 122,282 shares of the company’s stock, valued at approximately $18,399,772.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen Howard Kramer sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $162.52, for a total transaction of $568,820.00. Following the transaction, the chief executive officer now owns 80,175 shares of the company’s stock, valued at approximately $13,030,041. The disclosure for this sale can be found here. Insiders sold 36,834 shares of company stock valued at $5,587,221 in the last quarter. 1.90% of the stock is currently owned by corporate insiders.

Shares of Bright Horizons Family Solutions stock traded down $7.21 during trading on Friday, reaching $166.53. 3,663 shares of the company were exchanged, compared to its average volume of 242,613. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.15. Bright Horizons Family Solutions Inc has a twelve month low of $117.92 and a twelve month high of $175.00. The business has a 50-day moving average price of $161.49 and a 200-day moving average price of $155.43. The firm has a market capitalization of $9.74 billion, a price-to-earnings ratio of 55.41, a P/E/G ratio of 4.31 and a beta of 0.27.

Bright Horizons Family Solutions Profile

Bright Horizons Family Solutions Inc provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services.

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Institutional Ownership by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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