William Blair Investment Management LLC decreased its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 10.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,129,039 shares of the company’s stock after selling 136,079 shares during the period. William Blair Investment Management LLC’s holdings in Bright Horizons Family Solutions were worth $114,485,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Two Sigma Investments LP boosted its position in shares of Bright Horizons Family Solutions by 358.5% in the 3rd quarter. Two Sigma Investments LP now owns 494,382 shares of the company’s stock worth $53,675,000 after purchasing an additional 386,558 shares in the last quarter. Voloridge Investment Management LLC lifted its position in Bright Horizons Family Solutions by 1,638.6% in the 3rd quarter. Voloridge Investment Management LLC now owns 395,272 shares of the company’s stock valued at $42,915,000 after acquiring an additional 372,537 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 149.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock valued at $78,040,000 after buying an additional 367,711 shares during the period. UBS Group AG lifted its holdings in shares of Bright Horizons Family Solutions by 150.9% during the 3rd quarter. UBS Group AG now owns 526,345 shares of the company’s stock valued at $57,145,000 after buying an additional 316,589 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in shares of Bright Horizons Family Solutions by 505.5% during the 3rd quarter. Citadel Advisors LLC now owns 327,766 shares of the company’s stock valued at $35,586,000 after buying an additional 273,633 shares during the period.
Bright Horizons Family Solutions Trading Up 0.5%
Shares of BFAM stock opened at $67.87 on Friday. Bright Horizons Family Solutions Inc. has a 52-week low of $63.68 and a 52-week high of $132.99. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a market capitalization of $3.57 billion, a PE ratio of 20.44, a PEG ratio of 1.16 and a beta of 1.28. The stock has a fifty day simple moving average of $77.85 and a two-hundred day simple moving average of $87.73.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on BFAM shares. Morgan Stanley set a $70.00 price target on Bright Horizons Family Solutions in a report on Friday, February 13th. Barclays lowered their price target on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating on the stock in a report on Tuesday, February 17th. JPMorgan Chase & Co. lowered their price target on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. UBS Group lowered their price target on Bright Horizons Family Solutions from $93.00 to $88.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, BMO Capital Markets lowered their price target on Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $100.44.
View Our Latest Stock Report on Bright Horizons Family Solutions
Bright Horizons Family Solutions Profile
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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