Bright Horizons Family Solutions Inc. (NYSE:BFAM) Shares Acquired by Landscape Capital Management L.L.C.

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

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Bright Horizons Family Solutions by 0.6% in the first quarter. Vanguard Group Inc. now owns 5,356,758 shares of the company’s stock valued at $607,242,000 after purchasing an additional 29,942 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in Bright Horizons Family Solutions by 1.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,068,969 shares of the company’s stock worth $337,832,000 after buying an additional 44,893 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Bright Horizons Family Solutions by 3.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,757,594 shares of the company’s stock worth $303,556,000 after acquiring an additional 87,256 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Bright Horizons Family Solutions by 7.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 784,896 shares of the company’s stock valued at $86,395,000 after purchasing an additional 51,024 shares during the period. Finally, Geneva Capital Management LLC lifted its holdings in shares of Bright Horizons Family Solutions by 0.5% during the third quarter. Geneva Capital Management LLC now owns 575,400 shares of the company’s stock valued at $80,631,000 after acquiring an additional 2,649 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BFAM shares. The Goldman Sachs Group boosted their target price on Bright Horizons Family Solutions from $142.00 to $162.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. UBS Group boosted their price objective on shares of Bright Horizons Family Solutions from $145.00 to $148.00 and gave the company a “neutral” rating in a research report on Tuesday, November 5th. JPMorgan Chase & Co. raised their price target on shares of Bright Horizons Family Solutions from $137.00 to $149.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. BMO Capital Markets upgraded Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and dropped their target price for the stock from $137.00 to $125.00 in a report on Monday. Finally, Morgan Stanley upped their price objective on Bright Horizons Family Solutions from $100.00 to $108.00 and gave the stock an “underweight” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $141.50.

Bright Horizons Family Solutions Trading Up 2.3 %

Shares of NYSE:BFAM opened at $110.82 on Friday. Bright Horizons Family Solutions Inc. has a 12-month low of $86.79 and a 12-month high of $141.90. The stock has a market cap of $6.45 billion, a PE ratio of 55.69 and a beta of 1.49. The business has a 50 day moving average of $129.65 and a 200-day moving average of $122.54. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.66.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Monday, November 4th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.05. The firm had revenue of $719.00 million during the quarter, compared to analysts’ expectations of $713.16 million. Bright Horizons Family Solutions had a return on equity of 13.23% and a net margin of 4.44%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 earnings per share. As a group, equities research analysts forecast that Bright Horizons Family Solutions Inc. will post 3 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Mary Lou Burke sold 800 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was 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 in the company, valued at $4,248,563.50. This represents a 2.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.22% of the stock is owned by corporate insiders.

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.