Shares of Bright Horizons Family Solutions Inc (NYSE:BFAM) reached a new 52-week high on Friday . The company traded as high as $135.60 and last traded at $135.56, with a volume of 500 shares traded. The stock had previously closed at $134.51.

A number of equities research analysts have issued reports on BFAM shares. Citigroup raised their target price on Bright Horizons Family Solutions from $117.00 to $126.00 and gave the company a “neutral” rating in a research note on Friday, March 1st. Bank of America reiterated a “neutral” rating and issued a $123.00 price objective (up previously from $115.00) on shares of Bright Horizons Family Solutions in a report on Wednesday, February 13th. BMO Capital Markets increased their price target on Bright Horizons Family Solutions from $120.00 to $122.00 and gave the stock a “market perform” rating in a report on Wednesday, February 13th. ValuEngine upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Finally, Zacks Investment Research upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $146.00 price objective for the company in a report on Monday, May 6th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $127.00.

The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.24. The stock has a market cap of $7.78 billion, a P/E ratio of 44.83, a P/E/G ratio of 3.71 and a beta of 0.33.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.79 by $0.02. Bright Horizons Family Solutions had a return on equity of 23.38% and a net margin of 8.38%. The firm had revenue of $501.76 million during the quarter, compared to analysts’ expectations of $497.24 million. During the same period in the prior year, the firm posted $0.72 earnings per share. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Bright Horizons Family Solutions Inc will post 3.39 EPS for the current fiscal year.

In related news, Director Mary Ann Tocio sold 1,200 shares of the stock in a transaction that occurred on Tuesday, May 7th. The shares were sold at an average price of $130.00, for a total transaction of $156,000.00. Following the completion of the sale, the director now owns 62,743 shares of the company’s stock, valued at $8,156,590. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Stephen I. Dreier sold 4,000 shares of the stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $133.75, for a total transaction of $535,000.00. Following the sale, the executive vice president now directly owns 41,023 shares of the company’s stock, valued at approximately $5,486,826.25. The disclosure for this sale can be found here. Insiders have sold 59,164 shares of company stock valued at $7,441,807 in the last three months. 1.90% of the stock is currently owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Nordea Investment Management AB lifted its position in shares of Bright Horizons Family Solutions by 1.2% during the 1st quarter. Nordea Investment Management AB now owns 41,639 shares of the company’s stock worth $5,293,000 after buying an additional 495 shares during the last quarter. FMR LLC lifted its position in shares of Bright Horizons Family Solutions by 6.3% during the 1st quarter. FMR LLC now owns 313,324 shares of the company’s stock worth $39,827,000 after buying an additional 18,502 shares during the last quarter. V Wealth Advisors LLC purchased a new stake in shares of Bright Horizons Family Solutions during the 1st quarter worth approximately $251,000. BlueMountain Capital Management LLC purchased a new stake in shares of Bright Horizons Family Solutions during the 1st quarter worth approximately $694,000. Finally, Kore Private Wealth LLC purchased a new stake in shares of Bright Horizons Family Solutions during the 1st quarter worth approximately $50,000. 98.34% of the stock is owned by institutional investors.

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Bright Horizons Family Solutions Company Profile (NYSE:BFAM)

Bright Horizons Family Solutions Inc provides child care and early education, back-up care, and educational advisory services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory Services. The Full Service Center-Based Child Care segment offers traditional center-based child care, preschool, and elementary education services.

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