Impact Capital Partners LLC Makes New Investment in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Impact Capital Partners LLC bought a new stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,118 shares of the company’s stock, valued at approximately $456,000.

A number of other large investors also recently added to or reduced their stakes in BFAM. Raymond James Financial Inc. bought a new position in shares of Bright Horizons Family Solutions during the fourth quarter valued at about $79,578,000. Massachusetts Financial Services Co. MA grew its position in Bright Horizons Family Solutions by 15.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,181,050 shares of the company’s stock worth $445,761,000 after acquiring an additional 423,456 shares during the last quarter. TimesSquare Capital Management LLC grew its position in Bright Horizons Family Solutions by 114.8% during the 4th quarter. TimesSquare Capital Management LLC now owns 209,091 shares of the company’s stock worth $23,178,000 after acquiring an additional 111,760 shares during the last quarter. Conestoga Capital Advisors LLC grew its position in Bright Horizons Family Solutions by 24.3% during the 4th quarter. Conestoga Capital Advisors LLC now owns 294,835 shares of the company’s stock worth $32,682,000 after acquiring an additional 57,575 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its position in Bright Horizons Family Solutions by 23.1% during the 3rd quarter. Loomis Sayles & Co. L P now owns 273,901 shares of the company’s stock worth $38,381,000 after acquiring an additional 51,424 shares during the last quarter.

Wall Street Analysts Forecast Growth

BFAM has been the topic of several recent research reports. Robert W. Baird upgraded Bright Horizons Family Solutions from a “neutral” rating to an “outperform” rating and set a $140.00 price target on the stock in a research report on Friday, November 22nd. Baird R W upgraded Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 22nd. BMO Capital Markets raised their price target on 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. Jefferies Financial Group dropped their price objective on Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Finally, StockNews.com upgraded Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Saturday, February 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $137.67.

Insider Buying and Selling

In related news, Director Mary Ann Tocio sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $124.74, for a total value of $311,850.00. Following the sale, the director now owns 22,757 shares in the company, valued at $2,838,708.18. This represents a 9.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.22% of the stock is currently owned by company insiders.

Bright Horizons Family Solutions Stock Down 1.3 %

Shares of NYSE:BFAM opened at $123.39 on Friday. Bright Horizons Family Solutions Inc. has a 52-week low of $100.59 and a 52-week high of $141.90. The firm has a market capitalization of $7.08 billion, a P/E ratio of 51.41 and a beta of 1.50. The stock has a 50 day moving average price of $121.58 and a 200-day moving average price of $123.97. 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 (NYSE:BFAM) last announced its earnings results on Thursday, February 13th. The company reported $0.88 earnings per share (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, equities research analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Bright Horizons Family Solutions 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.