Global Alpha Capital Management Ltd. Acquires 815 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Global Alpha Capital Management Ltd. grew its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 5.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,030 shares of the company’s stock after acquiring an additional 815 shares during the period. Global Alpha Capital Management Ltd.’s holdings in Bright Horizons Family Solutions were worth $1,666,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Massachusetts Financial Services Co. MA raised its stake in shares of Bright Horizons Family Solutions by 15.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,181,050 shares of the company’s stock valued at $445,761,000 after acquiring an additional 423,456 shares during the last quarter. State Street Corp raised its stake in shares of Bright Horizons Family Solutions by 0.4% during the third quarter. State Street Corp now owns 999,263 shares of the company’s stock valued at $140,027,000 after acquiring an additional 3,970 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Bright Horizons Family Solutions by 0.8% during the third quarter. Geode Capital Management LLC now owns 924,832 shares of the company’s stock worth $129,633,000 after buying an additional 7,597 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Bright Horizons Family Solutions during the fourth quarter worth $79,578,000. Finally, Westfield Capital Management Co. LP increased its position in shares of Bright Horizons Family Solutions by 3.2% during the third quarter. Westfield Capital Management Co. LP now owns 707,383 shares of the company’s stock worth $99,126,000 after buying an additional 21,935 shares during the period.

Bright Horizons Family Solutions Trading Up 0.1 %

BFAM opened at $127.52 on Friday. Bright Horizons Family Solutions Inc. has a 1-year low of $100.59 and a 1-year high of $141.90. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.66. The company has a market cap of $7.42 billion, a P/E ratio of 53.13 and a beta of 1.45. The company has a fifty day moving average price of $120.45 and a two-hundred day moving average price of $124.35.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.03). Bright Horizons Family Solutions had a net margin of 5.22% and a return on equity of 13.63%. Analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BFAM has been the subject of several recent analyst reports. Jefferies Financial Group decreased their price objective on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Baird R W upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 22nd. Robert W. Baird upgraded shares of Bright Horizons Family Solutions from a “neutral” rating to an “outperform” rating and set a $140.00 price objective for the company in a research report on Friday, November 22nd. StockNews.com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, February 22nd. Finally, Morgan Stanley decreased their price objective on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Bright Horizons Family Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $137.67.

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.