Mayar Capital Ltd. Sells 8,002 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Mayar Capital Ltd. decreased its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,234 shares of the company’s stock after selling 8,002 shares during the period. Bright Horizons Family Solutions makes up 8.7% of Mayar Capital Ltd.’s investment portfolio, making the stock its 5th largest holding. Mayar Capital Ltd. owned 0.10% of Bright Horizons Family Solutions worth $6,677,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in BFAM. Y Intercept Hong Kong Ltd grew its holdings in Bright Horizons Family Solutions by 62.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 7,097 shares of the company’s stock valued at $787,000 after purchasing an additional 2,739 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Bright Horizons Family Solutions by 63.0% in the 3rd quarter. Cerity Partners LLC now owns 29,078 shares of the company’s stock valued at $4,075,000 after purchasing an additional 11,236 shares during the last quarter. New York State Common Retirement Fund increased its position in Bright Horizons Family Solutions by 45.4% during the 4th quarter. New York State Common Retirement Fund now owns 115,183 shares of the company’s stock worth $12,768,000 after purchasing an additional 35,959 shares in the last quarter. New York Life Investment Management LLC acquired a new stake in Bright Horizons Family Solutions in the 4th quarter valued at $679,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Bright Horizons Family Solutions by 560.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 9,180 shares of the company’s stock valued at $1,286,000 after buying an additional 7,789 shares during the period.

Bright Horizons Family Solutions Trading Up 0.1 %

NYSE BFAM opened at $127.52 on Friday. 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 capitalization of $7.31 billion, a PE ratio of 53.13 and a beta of 1.50. Bright Horizons Family Solutions Inc. has a 1-year low of $100.59 and a 1-year high of $141.90. The firm’s fifty day simple moving average is $120.79 and its 200-day simple moving average is $124.30.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates 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%. As a group, sell-side analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Morgan Stanley cut their price target on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. Baird R W raised shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 22nd. UBS Group reduced their price objective on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Robert W. Baird raised Bright Horizons Family Solutions from a “neutral” rating to an “outperform” rating and set a $140.00 price objective on the stock in a research note on Friday, November 22nd. Finally, The Goldman Sachs Group dropped their target price on shares of Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating on the stock in a report on Friday, December 27th. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Bright Horizons Family Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $137.67.

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.