Russell Investments Group Ltd. Has $1.04 Million Stock Holdings in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Russell Investments Group Ltd. grew its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 140.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,359 shares of the company’s stock after buying an additional 5,465 shares during the period. Russell Investments Group Ltd.’s holdings in Bright Horizons Family Solutions were worth $1,037,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BFAM. Bryce Point Capital LLC acquired a new position in Bright Horizons Family Solutions in the fourth quarter valued at about $1,622,000. Geode Capital Management LLC raised its holdings in Bright Horizons Family Solutions by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 929,542 shares of the company’s stock worth $103,075,000 after buying an additional 4,710 shares during the period. HighPoint Advisor Group LLC lifted its stake in Bright Horizons Family Solutions by 28.2% in the fourth quarter. HighPoint Advisor Group LLC now owns 2,349 shares of the company’s stock valued at $275,000 after buying an additional 516 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Bright Horizons Family Solutions by 209.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 245,544 shares of the company’s stock valued at $27,219,000 after buying an additional 166,264 shares during the period. Finally, Brown Brothers Harriman & Co. increased its position in shares of Bright Horizons Family Solutions by 14.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 251,125 shares of the company’s stock worth $27,837,000 after acquiring an additional 32,266 shares in the last quarter.

Insider Buying and Selling

In related news, COO Mary Lou Burke sold 1,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Thursday, March 13th. The stock was 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 of the company’s stock, valued at approximately $4,170,755.81. This trade represents a 2.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mary Ann Tocio sold 2,500 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $124.74, for a total value 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 position. The disclosure for this sale can be found here. 1.22% of the stock is currently owned by insiders.

Bright Horizons Family Solutions Trading Down 2.6 %

Shares of NYSE:BFAM opened at $113.38 on Tuesday. Bright Horizons Family Solutions Inc. has a 52-week low of $100.59 and a 52-week high of $141.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.61 and a current ratio of 0.61. The company has a market capitalization of $6.50 billion, a P/E ratio of 47.24 and a beta of 1.31. The company has a 50-day simple moving average of $123.61 and a 200 day simple moving average of $120.28.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, February 13th. The company reported $0.88 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%. Sell-side analysts forecast that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group reduced their target price on shares of Bright Horizons Family Solutions from $155.00 to $132.00 and set a “buy” rating for the company in a research note on Thursday, January 23rd. UBS Group decreased their price objective on Bright Horizons Family Solutions from $148.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, January 24th. The Goldman Sachs Group cut their target price on Bright Horizons Family Solutions from $162.00 to $142.00 and set a “buy” rating on the stock in a research note on Friday, December 27th. StockNews.com raised shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, February 22nd. Finally, Morgan Stanley lowered their price objective on shares of Bright Horizons Family Solutions from $102.00 to $100.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target 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.