Vontobel Holding Ltd. Cuts Position in Bright Horizons Family Solutions Inc. $BFAM

Vontobel Holding Ltd. trimmed its holdings in shares of Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 61.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,674 shares of the company’s stock after selling 5,952 shares during the period. Vontobel Holding Ltd.’s holdings in Bright Horizons Family Solutions were worth $399,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BFAM. Twin Tree Management LP purchased a new position in shares of Bright Horizons Family Solutions in the 1st quarter valued at $29,000. Geneos Wealth Management Inc. lifted its stake in shares of Bright Horizons Family Solutions by 98.8% during the first quarter. Geneos Wealth Management Inc. now owns 336 shares of the company’s stock worth $43,000 after purchasing an additional 167 shares in the last quarter. Employees Retirement System of Texas acquired a new position in shares of Bright Horizons Family Solutions during the second quarter worth about $53,000. GAMMA Investing LLC boosted its position in shares of Bright Horizons Family Solutions by 18.3% in the second quarter. GAMMA Investing LLC now owns 562 shares of the company’s stock worth $69,000 after buying an additional 87 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Bright Horizons Family Solutions in the second quarter valued at about $70,000.

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 that occurred 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 transaction, the chief operating officer owned 26,449 shares of the company’s stock, valued at $2,870,245.48. This trade represents a 3.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.21% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BFAM shares. Wall Street Zen lowered Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. The Goldman Sachs Group decreased their target price on shares of Bright Horizons Family Solutions from $146.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Zacks Research raised shares of Bright Horizons Family Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, December 5th. UBS Group boosted their price objective on shares of Bright Horizons Family Solutions from $112.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $124.00 price objective on shares of Bright Horizons Family Solutions in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $128.29.

Bright Horizons Family Solutions Trading Up 1.0%

NYSE BFAM opened at $102.34 on Tuesday. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 29.41, a price-to-earnings-growth ratio of 1.39 and a beta of 1.41. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.54 and a quick ratio of 0.54. Bright Horizons Family Solutions Inc. has a 12 month low of $91.49 and a 12 month high of $132.99. The company’s fifty day moving average price is $100.88 and its two-hundred day moving average price is $109.68.

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

Bright Horizons Family Solutions Company 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.