Everpar Advisors LLC Invests $457,000 in Bright Horizons Family Solutions Inc. (NYSE:BFAM)

Everpar Advisors LLC bought a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,853 shares of the company’s stock, valued at approximately $457,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC boosted its stake in shares of Bright Horizons Family Solutions by 102.2% during the 3rd quarter. Signaturefd LLC now owns 653 shares of the company’s stock worth $53,000 after acquiring an additional 330 shares during the period. SG Americas Securities LLC bought a new position in Bright Horizons Family Solutions during the fourth quarter worth $176,000. Axxcess Wealth Management LLC acquired a new position in shares of Bright Horizons Family Solutions in the fourth quarter valued at $203,000. Sfmg LLC bought a new position in shares of Bright Horizons Family Solutions in the fourth quarter valued at about $210,000. Finally, Heritage Wealth Management LLC acquired a new stake in shares of Bright Horizons Family Solutions during the 4th quarter worth about $298,000.

Insiders Place Their Bets

In related news, CEO Stephen Howard Kramer sold 11,250 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The stock was sold at an average price of $113.95, for a total value of $1,281,937.50. Following the sale, the chief executive officer now directly owns 122,573 shares of the company’s stock, valued at $13,967,193.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Stephen Howard Kramer sold 11,250 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $113.95, for a total transaction of $1,281,937.50. Following the completion of the transaction, the chief executive officer now directly owns 122,573 shares in the company, valued at approximately $13,967,193.35. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Elizabeth J. Boland sold 15,640 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $113.77, for a total transaction of $1,779,362.80. Following the completion of the sale, the chief financial officer now owns 89,983 shares in the company, valued at approximately $10,237,365.91. The disclosure for this sale can be found here. Insiders sold 28,390 shares of company stock worth $3,218,800 over the last three months. Insiders own 1.28% of the company’s stock.

Bright Horizons Family Solutions Price Performance

Shares of NYSE BFAM traded down $0.50 during mid-day trading on Wednesday, reaching $113.78. The company had a trading volume of 434,860 shares, compared to its average volume of 346,165. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 80.13, a PEG ratio of 4.28 and a beta of 1.38. The business’s 50-day simple moving average is $111.34 and its 200 day simple moving average is $99.45. Bright Horizons Family Solutions Inc. has a one year low of $71.65 and a one year high of $119.21. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.56 and a current ratio of 0.56.

Bright Horizons Family Solutions (NYSE:BFAM) last released its earnings results on Tuesday, February 13th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.62 by $0.12. Bright Horizons Family Solutions had a net margin of 3.34% and a return on equity of 12.14%. The firm had revenue of $615.65 million for the quarter, compared to analyst estimates of $588.63 million. On average, research analysts predict that Bright Horizons Family Solutions Inc. will post 2.69 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on BFAM shares. The Goldman Sachs Group upped their price target 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. BMO Capital Markets boosted their price target on 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. Robert W. Baird upped their price objective on Bright Horizons Family Solutions from $105.00 to $115.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. StockNews.com raised Bright Horizons Family Solutions from a “sell” rating to a “hold” rating in a report on Friday, May 3rd. Finally, UBS Group decreased their price target 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $106.63.

Bright Horizons Family Solutions Company 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.