UBS Group AG reduced its position in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 42.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 303,535 shares of the company’s stock after selling 222,810 shares during the quarter. UBS Group AG’s holdings in Bright Horizons Family Solutions were worth $30,778,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in BFAM. Rothschild Investment LLC lifted its position in shares of Bright Horizons Family Solutions by 6,700.0% during the 3rd quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock valued at $37,000 after buying an additional 335 shares in the last quarter. Signaturefd LLC lifted its position in shares of Bright Horizons Family Solutions by 34.4% during the 4th quarter. Signaturefd LLC now owns 426 shares of the company’s stock valued at $43,000 after buying an additional 109 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Bright Horizons Family Solutions by 98.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock valued at $43,000 after buying an additional 167 shares in the last quarter. Danske Bank A S purchased a new position in shares of Bright Horizons Family Solutions during the 3rd quarter valued at about $43,000. Finally, First Horizon Corp purchased a new position in shares of Bright Horizons Family Solutions during the 3rd quarter valued at about $52,000.
Bright Horizons Family Solutions Stock Up 3.2%
NYSE BFAM opened at $70.49 on Friday. The stock’s 50 day moving average is $79.47 and its 200 day moving average is $90.10. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56. Bright Horizons Family Solutions Inc. has a 12 month low of $63.68 and a 12 month high of $132.99. The stock has a market cap of $3.72 billion, a PE ratio of 21.23, a P/E/G ratio of 1.21 and a beta of 1.28.
Analyst Upgrades and Downgrades
BFAM has been the topic of a number of analyst reports. Robert W. Baird set a $100.00 price objective on Bright Horizons Family Solutions in a research report on Friday, February 13th. JPMorgan Chase & Co. lowered their price objective on Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings cut Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 1st. Barclays lowered their price objective on Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group lowered their price objective on Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Bright Horizons Family Solutions currently has a consensus rating of “Hold” and an average price target of $100.44.
Get Our Latest Analysis on Bright Horizons Family Solutions
Bright Horizons Family Solutions Profile
Bright Horizons Family Solutions, Inc (NYSE: BFAM) is a leading provider of employer-sponsored child care and early education services, offering a range of solutions designed to support working families and organizations. Through a network of on-site, near-site and center-based programs, the company partners with corporate and nonprofit clients to deliver infant, toddler, preschool and school-age care. Services emphasize age-appropriate curriculum, developmental milestones and community engagement to ensure high-quality learning experiences.
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