Landscape Capital Management L.L.C. Purchases 2,525 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Landscape Capital Management L.L.C. lifted its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 36.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,491 shares of the company’s stock after buying an additional 2,525 shares during the period. Landscape Capital Management L.L.C.’s holdings in Bright Horizons Family Solutions were worth $1,330,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Raleigh Capital Management Inc. bought a new position in Bright Horizons Family Solutions during the 3rd quarter valued at about $29,000. V Square Quantitative Management LLC bought a new position in Bright Horizons Family Solutions during the third quarter valued at approximately $35,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in Bright Horizons Family Solutions by 850.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 342 shares of the company’s stock worth $38,000 after purchasing an additional 306 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Bright Horizons Family Solutions by 73.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 390 shares of the company’s stock worth $43,000 after purchasing an additional 165 shares during the period. Finally, Quarry LP raised its stake in Bright Horizons Family Solutions by 68.3% during the 2nd quarter. Quarry LP now owns 436 shares of the company’s stock valued at $48,000 after buying an additional 177 shares during the last quarter.

Bright Horizons Family Solutions Trading Up 2.3 %

Shares of Bright Horizons Family Solutions stock opened at $110.82 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The company has a fifty day moving average of $129.65 and a 200 day moving average of $122.54. The company has a market capitalization of $6.45 billion, a P/E ratio of 55.69 and a beta of 1.49. Bright Horizons Family Solutions Inc. has a fifty-two week low of $86.79 and a fifty-two week high of $141.90.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its quarterly earnings results on Monday, November 4th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.05. The firm had revenue of $719.00 million during the quarter, compared to the consensus estimate of $713.16 million. Bright Horizons Family Solutions had a net margin of 4.44% and a return on equity of 13.23%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.78 EPS. On average, sell-side analysts anticipate that Bright Horizons Family Solutions Inc. will post 3 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 800 shares of the business’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $136.94, for a total transaction of $109,552.00. Following the sale, the chief operating officer now owns 31,025 shares of the company’s stock, valued at approximately $4,248,563.50. The trade was a 2.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.22% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Morgan Stanley lifted their price objective on Bright Horizons Family Solutions from $100.00 to $108.00 and gave the stock an “underweight” rating in a report on Tuesday, November 5th. JPMorgan Chase & Co. boosted their target price on shares of Bright Horizons Family Solutions from $137.00 to $149.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Barclays increased their price target on shares of Bright Horizons Family Solutions from $125.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, August 30th. Robert W. Baird boosted their price objective on shares of Bright Horizons Family Solutions from $131.00 to $140.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. Finally, BMO Capital Markets upgraded Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and reduced their price objective for the stock from $137.00 to $125.00 in a research note on Monday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $141.50.

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.