Bokf Na Buys 511 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Bokf Na lifted its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 12.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,486 shares of the company’s stock after buying an additional 511 shares during the quarter. Bokf Na’s holdings in Bright Horizons Family Solutions were worth $505,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in BFAM. Riverview Trust Co purchased a new stake in shares of Bright Horizons Family Solutions during the first quarter worth about $25,000. Principal Securities Inc. purchased a new position in Bright Horizons Family Solutions during the 4th quarter valued at approximately $38,000. YHB Investment Advisors Inc. purchased a new position in Bright Horizons Family Solutions during the 1st quarter valued at approximately $40,000. Eagle Bay Advisors LLC grew its holdings in Bright Horizons Family Solutions by 120.2% during the 4th quarter. Eagle Bay Advisors LLC now owns 1,240 shares of the company’s stock valued at $117,000 after buying an additional 677 shares in the last quarter. Finally, LRI Investments LLC purchased a new position in Bright Horizons Family Solutions during the 1st quarter valued at approximately $153,000.

Insider Buying and Selling

In related news, COO Mary Lou Burke sold 1,000 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $120.00, for a total transaction of $120,000.00. Following the sale, the chief operating officer now directly owns 35,925 shares of the company’s stock, valued at $4,311,000. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Bright Horizons Family Solutions news, Director Lightfoot Sara Lawrence sold 4,597 shares of the stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $107.23, for a total transaction of $492,936.31. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Mary Lou Burke sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $120.00, for a total value of $120,000.00. Following the completion of the transaction, the chief operating officer now owns 35,925 shares in the company, valued at approximately $4,311,000. The disclosure for this sale can be found here. Insiders have sold a total of 28,447 shares of company stock valued at $3,186,710 over the last ninety days. Company insiders own 1.22% of the company’s stock.

Bright Horizons Family Solutions Stock Up 0.6 %

NYSE:BFAM traded up $0.67 during mid-day trading on Monday, hitting $121.03. 77,035 shares of the company’s stock traded hands, compared to its average volume of 335,482. The company has a fifty day moving average of $109.52 and a 200 day moving average of $108.47. Bright Horizons Family Solutions Inc. has a twelve month low of $71.65 and a twelve month high of $122.67. The company has a market capitalization of $7.02 billion, a P/E ratio of 84.76, a P/E/G ratio of 4.51 and a beta of 1.45. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.51 and a current ratio of 0.51.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, May 2nd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06. The company had revenue of $622.71 million for the quarter, compared to analyst estimates of $614.60 million. Bright Horizons Family Solutions had a return on equity of 12.00% and a net margin of 3.34%. On average, analysts forecast that Bright Horizons Family Solutions Inc. will post 2.76 EPS for the current year.

Wall Street Analysts Forecast Growth

BFAM has been the subject of a number of recent research reports. StockNews.com upgraded Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Friday, May 3rd. The Goldman Sachs Group lifted their target price on Bright Horizons Family Solutions from $108.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, April 10th. JPMorgan Chase & Co. lifted their target price on Bright Horizons Family Solutions from $107.00 to $119.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. Robert W. Baird lifted their target price on Bright Horizons Family Solutions from $105.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Finally, BMO Capital Markets lifted their target price on Bright Horizons Family Solutions from $102.00 to $104.00 and gave the company a “market perform” rating in a research report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $107.43.

About Bright Horizons Family Solutions

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.