Venturi Wealth Management LLC Has $272,000 Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Venturi Wealth Management LLC boosted its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 9.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,454 shares of the company’s stock after purchasing an additional 204 shares during the period. Venturi Wealth Management LLC’s holdings in Bright Horizons Family Solutions were worth $272,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BFAM. Sanctuary Advisors LLC increased its stake in shares of Bright Horizons Family Solutions by 5.0% in the fourth quarter. Sanctuary Advisors LLC now owns 17,773 shares of the company’s stock valued at $1,970,000 after buying an additional 853 shares in the last quarter. Accretive Wealth Partners LLC grew its holdings in Bright Horizons Family Solutions by 1.5% during the 4th quarter. Accretive Wealth Partners LLC now owns 7,514 shares of the company’s stock worth $833,000 after acquiring an additional 111 shares during the last quarter. Vontobel Holding Ltd. bought a new stake in Bright Horizons Family Solutions during the 4th quarter worth about $1,497,000. Asset Management One Co. Ltd. increased its position in Bright Horizons Family Solutions by 17.7% in the 4th quarter. Asset Management One Co. Ltd. now owns 47,243 shares of the company’s stock valued at $5,224,000 after acquiring an additional 7,092 shares in the last quarter. Finally, Savant Capital LLC raised its stake in shares of Bright Horizons Family Solutions by 84.2% in the fourth quarter. Savant Capital LLC now owns 14,911 shares of the company’s stock worth $1,653,000 after acquiring an additional 6,816 shares during the last quarter.

Insider Activity at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, Director Mary Ann Tocio sold 5,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $114.71, for a total value of $573,550.00. Following the completion of the transaction, the director now directly owns 25,257 shares of the company’s stock, valued at approximately $2,897,230.47. The trade was a 16.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.22% of the company’s stock.

Bright Horizons Family Solutions Stock Down 0.9 %

Shares of Bright Horizons Family Solutions stock opened at $129.16 on Friday. The business has a fifty day simple moving average of $116.58 and a 200 day simple moving average of $124.71. The stock has a market cap of $7.51 billion, a PE ratio of 53.82 and a beta of 1.45. 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 Inc. has a 12 month low of $100.59 and a 12 month high of $141.90.

Bright Horizons Family Solutions (NYSE:BFAM) last posted its earnings results on Thursday, February 13th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. Research analysts predict that Bright Horizons Family Solutions Inc. will post 3.49 EPS for the current year.

Wall Street Analysts Forecast Growth

BFAM has been the topic of several research analyst reports. UBS Group decreased their price target on shares of Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. JPMorgan Chase & Co. increased their price objective on Bright Horizons Family Solutions from $137.00 to $149.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Baird R W raised Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 22nd. Jefferies Financial Group cut their price target on Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating on the stock in a research note on Thursday, January 23rd. Finally, StockNews.com upgraded Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $137.67.

Bright Horizons Family Solutions 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.