354 Shares in Bright Horizons Family Solutions Inc. (NYSE:BFAM) Purchased by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. purchased a new position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 354 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds also recently bought and sold shares of the company. Westfield Capital Management Co. LP boosted its stake in Bright Horizons Family Solutions by 17.8% in the 3rd quarter. Westfield Capital Management Co. LP now owns 646,208 shares of the company’s stock worth $52,640,000 after purchasing an additional 97,548 shares in the last quarter. Mission Wealth Management LP boosted its stake in Bright Horizons Family Solutions by 4.1% in the 4th quarter. Mission Wealth Management LP now owns 10,588 shares of the company’s stock worth $998,000 after purchasing an additional 415 shares in the last quarter. Comerica Bank bought a new position in Bright Horizons Family Solutions in the 3rd quarter worth about $10,590,000. Brown Brothers Harriman & Co. lifted its stake in Bright Horizons Family Solutions by 38.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 105,787 shares of the company’s stock valued at $9,969,000 after acquiring an additional 29,417 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Bright Horizons Family Solutions by 1.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 637,401 shares of the company’s stock valued at $60,069,000 after acquiring an additional 9,851 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. The Goldman Sachs Group upped their target price on shares of Bright Horizons Family Solutions from $108.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Robert W. Baird upped their target price on shares of Bright Horizons Family Solutions from $105.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd. UBS Group lowered their target price on shares of Bright Horizons Family Solutions from $103.00 to $102.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 14th. StockNews.com upgraded shares of Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a research note on Friday, May 3rd. Finally, BMO Capital Markets upped their target price on shares of Bright Horizons Family Solutions from $102.00 to $104.00 and gave the company a “market perform” rating in a research note on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $107.43.

Bright Horizons Family Solutions Stock Performance

Shares of NYSE:BFAM traded down $1.47 during trading on Tuesday, hitting $105.45. The company’s stock had a trading volume of 271,467 shares, compared to its average volume of 340,816. The company has a 50-day moving average of $108.67 and a 200-day moving average of $104.23. Bright Horizons Family Solutions Inc. has a 12 month low of $71.65 and a 12 month high of $119.21. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.51 and a quick ratio of 0.51. The firm has a market cap of $6.12 billion, a price-to-earnings ratio of 74.26, a P/E/G ratio of 4.01 and a beta of 1.45.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.06. The firm had revenue of $622.71 million for the quarter, compared to analysts’ expectations of $614.60 million. Bright Horizons Family Solutions had a net margin of 3.34% and a return on equity of 12.00%. On average, sell-side analysts expect that Bright Horizons Family Solutions Inc. will post 2.76 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Lightfoot Sara Lawrence sold 4,597 shares of the stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $107.23, for a total value of $492,936.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, CAO Jason Janoff sold 6,000 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $113.79, for a total transaction of $682,740.00. Following the sale, the chief accounting officer now owns 8,955 shares in the company, valued at $1,018,989.45. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Lightfoot Sara Lawrence sold 4,597 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $107.23, for a total transaction of $492,936.31. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,647 shares of company stock valued at $2,978,550. 1.22% of the stock is owned by corporate insiders.

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.