Bright Horizons Family Solutions Inc (NYSE:BFAM) EVP Stephen I. Dreier sold 2,798 shares of the company’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $97.00, for a total transaction of $271,406.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Shares of Bright Horizons Family Solutions Inc (BFAM) traded up $1.38 during midday trading on Friday, reaching $97.51. The company’s stock had a trading volume of 165,154 shares, compared to its average volume of 229,251. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.49 and a current ratio of 0.49. The firm has a market capitalization of $5,780.00, a P/E ratio of 48.03, a price-to-earnings-growth ratio of 1.68 and a beta of 0.13. Bright Horizons Family Solutions Inc has a 12-month low of $65.00 and a 12-month high of $98.16.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Wednesday, November 1st. The company reported $0.62 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.05. The firm had revenue of $433.30 million during the quarter, compared to the consensus estimate of $429.36 million. Bright Horizons Family Solutions had a return on equity of 19.72% and a net margin of 7.22%. The business’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 earnings per share. equities research analysts forecast that Bright Horizons Family Solutions Inc will post 2.5 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in Bright Horizons Family Solutions by 11.8% during the second quarter. Vanguard Group Inc. now owns 3,888,575 shares of the company’s stock worth $300,237,000 after acquiring an additional 410,335 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of Bright Horizons Family Solutions by 4.1% in the second quarter. California State Teachers Retirement System now owns 90,101 shares of the company’s stock valued at $6,957,000 after buying an additional 3,583 shares during the period. UBS Asset Management Americas Inc. increased its stake in shares of Bright Horizons Family Solutions by 39.7% in the second quarter. UBS Asset Management Americas Inc. now owns 28,722 shares of the company’s stock valued at $2,218,000 after buying an additional 8,155 shares during the period. Zurich Insurance Group Ltd FI acquired a new position in shares of Bright Horizons Family Solutions in the second quarter valued at approximately $1,029,000. Finally, First Trust Advisors LP increased its stake in shares of Bright Horizons Family Solutions by 244.6% in the third quarter. First Trust Advisors LP now owns 40,831 shares of the company’s stock valued at $3,520,000 after buying an additional 28,982 shares during the period. 98.70% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on BFAM shares. Zacks Investment Research cut shares of Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Friday, December 8th. Credit Suisse Group upped their price objective on shares of Bright Horizons Family Solutions from $83.00 to $90.00 and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. BMO Capital Markets upped their price objective on shares of Bright Horizons Family Solutions from $85.00 to $90.00 and gave the stock a “market perform” rating in a research report on Thursday, November 2nd. Barclays reaffirmed a “buy” rating and set a $105.00 price objective on shares of Bright Horizons Family Solutions in a research report on Wednesday, December 27th. Finally, Citigroup boosted their target price on Bright Horizons Family Solutions from $92.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. Bright Horizons Family Solutions presently has a consensus rating of “Hold” and a consensus target price of $98.25.

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About Bright Horizons Family Solutions

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

Insider Buying and Selling by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

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