Assenagon Asset Management S.A. Decreases Stock Holdings in Bright Horizons Family Solutions Inc. $BFAM

Assenagon Asset Management S.A. reduced its stake in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 25.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,706 shares of the company’s stock after selling 40,834 shares during the quarter. Assenagon Asset Management S.A. owned 0.21% of Bright Horizons Family Solutions worth $12,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of BFAM. TimesSquare Capital Management LLC grew its holdings in Bright Horizons Family Solutions by 16.8% during the 3rd quarter. TimesSquare Capital Management LLC now owns 200,475 shares of the company’s stock valued at $21,766,000 after buying an additional 28,827 shares during the last quarter. Brevan Howard Capital Management LP raised its holdings in shares of Bright Horizons Family Solutions by 278.6% in the third quarter. Brevan Howard Capital Management LP now owns 41,185 shares of the company’s stock worth $4,471,000 after acquiring an additional 30,306 shares during the last quarter. Quantbot Technologies LP lifted its position in shares of Bright Horizons Family Solutions by 3,580.3% in the third quarter. Quantbot Technologies LP now owns 36,656 shares of the company’s stock valued at $3,980,000 after acquiring an additional 35,660 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Bright Horizons Family Solutions during the third quarter valued at $19,098,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Bright Horizons Family Solutions by 24.5% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,252 shares of the company’s stock valued at $6,107,000 after acquiring an additional 11,085 shares during the last quarter.

Bright Horizons Family Solutions Trading Down 3.9%

NYSE:BFAM opened at $78.02 on Friday. The business’s 50-day moving average is $80.69 and its two-hundred day moving average is $94.87. The firm has a market capitalization of $4.30 billion, a PE ratio of 23.22, a price-to-earnings-growth ratio of 1.55 and a beta of 1.42. Bright Horizons Family Solutions Inc. has a 12 month low of $63.68 and a 12 month high of $132.99. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.52 and a quick ratio of 0.52.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, February 12th. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.02. The company had revenue of $733.70 million during the quarter, compared to the consensus estimate of $727.44 million. Bright Horizons Family Solutions had a return on equity of 17.41% and a net margin of 6.58%.The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.98 earnings per share. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. Research analysts predict that Bright Horizons Family Solutions Inc. will post 3.61 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BFAM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bright Horizons Family Solutions in a research note on Monday, December 29th. The Goldman Sachs Group cut their price objective on shares of Bright Horizons Family Solutions from $130.00 to $112.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Robert W. Baird set a $100.00 target price on shares of Bright Horizons Family Solutions in a research report on Friday, February 13th. Morgan Stanley set a $70.00 target price on shares of Bright Horizons Family Solutions in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a report on Sunday, November 30th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $107.11.

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.