Segall Bryant & Hamill LLC Sells 1,003 Shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Segall Bryant & Hamill LLC cut its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 74,961 shares of the company’s stock after selling 1,003 shares during the period. Segall Bryant & Hamill LLC owned 0.13% of Bright Horizons Family Solutions worth $8,309,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Advantage Alpha Capital Partners LP raised its stake in shares of Bright Horizons Family Solutions by 50.2% in the fourth quarter. Advantage Alpha Capital Partners LP now owns 73,607 shares of the company’s stock worth $8,159,000 after buying an additional 24,590 shares during the period. Vanguard Group Inc. raised its stake in Bright Horizons Family Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 5,442,777 shares of the company’s stock worth $603,332,000 after acquiring an additional 101,151 shares during the period. LPL Financial LLC lifted its holdings in Bright Horizons Family Solutions by 11.4% during the fourth quarter. LPL Financial LLC now owns 40,068 shares of the company’s stock valued at $4,442,000 after purchasing an additional 4,108 shares in the last quarter. Fox Run Management L.L.C. boosted its position in shares of Bright Horizons Family Solutions by 259.4% in the fourth quarter. Fox Run Management L.L.C. now owns 5,977 shares of the company’s stock worth $663,000 after purchasing an additional 4,314 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Bright Horizons Family Solutions during the 4th quarter valued at $1,186,000.

Bright Horizons Family Solutions Trading Up 0.2 %

BFAM stock opened at $125.09 on Thursday. The firm has a fifty day moving average price of $124.06 and a 200 day moving average price of $123.06. Bright Horizons Family Solutions Inc. has a fifty-two week low of $100.59 and a fifty-two week high of $141.90. The firm has a market cap of $7.17 billion, a PE ratio of 52.12 and a beta of 1.50. 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 posted its earnings results on Thursday, February 13th. The company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.03). Bright Horizons Family Solutions had a return on equity of 13.63% and a net margin of 5.22%. Sell-side analysts anticipate that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 2,500 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $124.74, for a total transaction of $311,850.00. Following the transaction, the director now owns 22,757 shares in the company, valued at $2,838,708.18. The trade was a 9.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Mary Lou Burke sold 1,000 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $124.69, for a total transaction of $124,690.00. Following the completion of the sale, the chief operating officer now directly owns 33,449 shares in the company, valued at approximately $4,170,755.81. This represents a 2.90 % decrease in their position. The disclosure for this sale can be found here. 1.22% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Morgan Stanley dropped their target price on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating for the company in a report on Tuesday, February 11th. The Goldman Sachs Group dropped their price objective on Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating for the company in a research note on Friday, December 27th. BMO Capital Markets lifted their target price on Bright Horizons Family Solutions from $127.00 to $146.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. StockNews.com upgraded Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, February 22nd. Finally, Jefferies Financial Group reduced their price objective on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating on the stock in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.