Northwestern Mutual Wealth Management Co. lifted its holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM – Free Report) by 31,321.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 30,165 shares of the company’s stock after purchasing an additional 30,069 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Bright Horizons Family Solutions were worth $3,059,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of BFAM. Rothschild Investment LLC lifted its stake in shares of Bright Horizons Family Solutions by 6,700.0% in the third quarter. Rothschild Investment LLC now owns 340 shares of the company’s stock worth $37,000 after buying an additional 335 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Bright Horizons Family Solutions by 34.4% in the fourth quarter. Signaturefd LLC now owns 426 shares of the company’s stock worth $43,000 after buying an additional 109 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Bright Horizons Family Solutions by 98.8% in the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock worth $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 in the third quarter worth about $43,000. Finally, True Wealth Design LLC lifted its stake in shares of Bright Horizons Family Solutions by 214.4% in the fourth quarter. True Wealth Design LLC now owns 547 shares of the company’s stock worth $55,000 after buying an additional 373 shares in the last quarter.
Bright Horizons Family Solutions Price Performance
Bright Horizons Family Solutions stock opened at $67.87 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 1.16 and a beta of 1.28. The company’s 50 day simple moving average is $77.65 and its 200-day simple moving average is $87.37. Bright Horizons Family Solutions Inc. has a 1 year low of $63.68 and a 1 year high of $132.99.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on BFAM. JPMorgan Chase & Co. decreased their price target on shares of Bright Horizons Family Solutions from $115.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings downgraded shares of Bright Horizons Family Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $99.00 price target on shares of Bright Horizons Family Solutions and gave the stock a “hold” rating in a research note on Friday, February 13th. The Goldman Sachs Group decreased their price target on shares of Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating on the stock in a research note on Friday, February 13th. Finally, BMO Capital Markets reduced their target price on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bright Horizons Family Solutions currently has a consensus rating of “Hold” and a consensus target price of $100.44.
View Our Latest Report on BFAM
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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