Graphene Investments SAS Boosts Stock Position in Bright Horizons Family Solutions Inc. $BFAM

Graphene Investments SAS boosted its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 21.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,600 shares of the company’s stock after acquiring an additional 5,200 shares during the quarter. Bright Horizons Family Solutions comprises 2.0% of Graphene Investments SAS’s investment portfolio, making the stock its 22nd biggest holding. Graphene Investments SAS owned 0.05% of Bright Horizons Family Solutions worth $3,214,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. GAMMA Investing LLC lifted its holdings in shares of Bright Horizons Family Solutions by 18.3% during the second quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $69,000 after purchasing an additional 87 shares during the period. Vanguard Personalized Indexing Management LLC raised its position in Bright Horizons Family Solutions by 1.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 9,500 shares of the company’s stock worth $1,174,000 after buying an additional 118 shares during the last quarter. Accretive Wealth Partners LLC raised its position in Bright Horizons Family Solutions by 1.4% during the 2nd quarter. Accretive Wealth Partners LLC now owns 8,498 shares of the company’s stock worth $1,050,000 after buying an additional 118 shares during the last quarter. Wealth Alliance LLC lifted its stake in shares of Bright Horizons Family Solutions by 6.8% in the 2nd quarter. Wealth Alliance LLC now owns 2,001 shares of the company’s stock worth $247,000 after acquiring an additional 128 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of Bright Horizons Family Solutions by 1.7% in the second quarter. MML Investors Services LLC now owns 9,098 shares of the company’s stock valued at $1,124,000 after acquiring an additional 150 shares in the last quarter.

Insider Transactions at Bright Horizons Family Solutions

In other Bright Horizons Family Solutions news, COO Mary Lou Burke sold 1,000 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $108.52, for a total transaction of $108,520.00. Following the sale, the chief operating officer owned 26,449 shares in the company, valued at approximately $2,870,245.48. This represents a 3.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. UBS Group raised their price objective on shares of Bright Horizons Family Solutions from $112.00 to $120.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. increased their target price on Bright Horizons Family Solutions from $156.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. The Goldman Sachs Group reduced their price target on Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating for the company in a report on Friday, October 31st. Morgan Stanley dropped their price objective on Bright Horizons Family Solutions from $104.00 to $96.00 and set an “underweight” rating on the stock in a report on Friday, October 24th. Finally, Robert W. Baird set a $136.00 price objective on Bright Horizons Family Solutions in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.71.

Bright Horizons Family Solutions Price Performance

Bright Horizons Family Solutions stock opened at $104.12 on Wednesday. The firm has a market capitalization of $5.89 billion, a PE ratio of 29.92, a P/E/G ratio of 1.42 and a beta of 1.41. Bright Horizons Family Solutions Inc. has a 52 week low of $91.49 and a 52 week high of $132.99. The firm’s 50-day simple moving average is $100.35 and its 200 day simple moving average is $111.24. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.52.

Bright Horizons Family Solutions (NYSE:BFAM) last announced its earnings results on Thursday, October 30th. The company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.25. The company had revenue of $802.81 million during the quarter, compared to analysts’ expectations of $781.16 million. Bright Horizons Family Solutions had a net margin of 6.98% and a return on equity of 17.07%. The firm’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.11 earnings per share. Bright Horizons Family Solutions has set its FY 2025 guidance at 4.480-4.530 EPS. On average, equities research analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 EPS for the current fiscal year.

About Bright Horizons Family Solutions

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.