LVW Advisors LLC Lowers Stock Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

LVW Advisors LLC lowered its stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,656 shares of the company’s stock after selling 428 shares during the quarter. LVW Advisors LLC’s holdings in Bright Horizons Family Solutions were worth $627,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BFAM. Massachusetts Financial Services Co. MA boosted its holdings in Bright Horizons Family Solutions by 15.4% in the third 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 in the last quarter. Millennium Management LLC purchased a new position in shares of Bright Horizons Family Solutions in the 2nd quarter worth about $28,995,000. Point72 Asset Management L.P. boosted its stake in Bright Horizons Family Solutions by 64.1% in the 2nd quarter. Point72 Asset Management L.P. now owns 570,423 shares of the company’s stock worth $62,792,000 after purchasing an additional 222,823 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Bright Horizons Family Solutions by 174.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 344,397 shares of the company’s stock valued at $48,260,000 after purchasing an additional 218,707 shares during the last quarter. Finally, TimesSquare Capital Management LLC bought a new stake in Bright Horizons Family Solutions during the 3rd quarter valued at about $13,639,000.

Bright Horizons Family Solutions Trading Down 0.2 %

Shares of NYSE:BFAM opened at $117.47 on Tuesday. The stock’s 50-day simple moving average is $112.18 and its two-hundred day simple moving average is $124.06. The stock has a market capitalization of $6.83 billion, a price-to-earnings ratio of 59.03 and a beta of 1.44. Bright Horizons Family Solutions Inc. has a 52-week low of $94.83 and a 52-week high of $141.90. 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 Monday, November 4th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.05. Bright Horizons Family Solutions had a net margin of 4.44% and a return on equity of 13.23%. The company had revenue of $719.00 million during the quarter, compared to analyst estimates of $713.16 million. During the same period in the previous year, the business posted $0.78 earnings per share. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. Analysts expect that Bright Horizons Family Solutions Inc. will post 3.01 EPS for the current year.

Insider Transactions at Bright Horizons Family Solutions

In other news, Director Mary Ann Tocio sold 5,000 shares of Bright Horizons Family Solutions stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total transaction of $573,550.00. Following the transaction, the director now directly owns 25,257 shares of the company’s stock, valued at $2,897,230.47. The trade was a 16.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.22% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BFAM. Baird R W upgraded shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 22nd. Morgan Stanley cut their target price on Bright Horizons Family Solutions from $108.00 to $102.00 and set an “underweight” rating on the stock in a research note on Thursday, December 12th. BMO Capital Markets upgraded Bright Horizons Family Solutions from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from $137.00 to $125.00 in a research note on Monday, November 18th. StockNews.com raised Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, UBS Group lifted their price objective on Bright Horizons Family Solutions from $145.00 to $148.00 and gave the stock a “neutral” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $138.25.

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.