TimesSquare Capital Management LLC Sells 57,989 Shares of Bright Horizons Family Solutions Inc. $BFAM

TimesSquare Capital Management LLC lessened its position in Bright Horizons Family Solutions Inc. (NYSE:BFAM) by 28.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 142,486 shares of the company’s stock after selling 57,989 shares during the period. TimesSquare Capital Management LLC’s holdings in Bright Horizons Family Solutions were worth $14,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the company. Capital World Investors raised its holdings in Bright Horizons Family Solutions by 10.4% in the 3rd quarter. Capital World Investors now owns 1,521,925 shares of the company’s stock worth $165,235,000 after acquiring an additional 143,861 shares during the period. Conestoga Capital Advisors LLC raised its holdings in Bright Horizons Family Solutions by 25.0% in the 4th quarter. Conestoga Capital Advisors LLC now owns 1,100,803 shares of the company’s stock worth $111,621,000 after acquiring an additional 220,223 shares during the period. State Street Corp raised its holdings in Bright Horizons Family Solutions by 1.5% in the 2nd quarter. State Street Corp now owns 1,014,845 shares of the company’s stock worth $125,425,000 after acquiring an additional 15,296 shares during the period. Dimensional Fund Advisors LP raised its holdings in Bright Horizons Family Solutions by 5.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 987,547 shares of the company’s stock worth $107,218,000 after acquiring an additional 55,028 shares during the period. Finally, AQR Capital Management LLC raised its holdings in Bright Horizons Family Solutions by 20.6% in the 3rd quarter. AQR Capital Management LLC now owns 960,690 shares of the company’s stock worth $103,476,000 after acquiring an additional 164,039 shares during the period.

Bright Horizons Family Solutions Price Performance

Shares of Bright Horizons Family Solutions stock opened at $67.33 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.46 and a current ratio of 0.46. The firm’s 50-day simple moving average is $78.42 and its 200-day simple moving average is $88.34. Bright Horizons Family Solutions Inc. has a twelve month low of $63.68 and a twelve month high of $132.99. The firm has a market cap of $3.54 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 1.17 and a beta of 1.28.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Tuesday, May 5th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.03. Bright Horizons Family Solutions had a net margin of 6.35% and a return on equity of 18.01%. The business had revenue of $712.22 million for the quarter, compared to analyst estimates of $713.35 million. During the same period in the previous year, the business earned $0.77 EPS. The firm’s revenue was up 7.0% on a year-over-year basis. Bright Horizons Family Solutions has set its FY 2026 guidance at 4.900-5.100 EPS. As a group, research analysts expect that Bright Horizons Family Solutions Inc. will post 4.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BFAM. Deutsche Bank Aktiengesellschaft set a $99.00 target price on shares of Bright Horizons Family Solutions and gave the stock a “hold” rating in a report on Friday, February 13th. Robert W. Baird set a $100.00 target price on shares of Bright Horizons Family Solutions in a report on Friday, February 13th. Morgan Stanley set a $70.00 target price on shares of Bright Horizons Family Solutions in a report on Friday, February 13th. BMO Capital Markets dropped their target price on shares of Bright Horizons Family Solutions from $124.00 to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, February 17th. Finally, Barclays dropped their target price on shares of Bright Horizons Family Solutions from $160.00 to $95.00 and set an “overweight” rating on the stock in a report on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Bright Horizons Family Solutions has an average rating of “Hold” and a consensus price target of $100.44.

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.