Lecap Asset Management Ltd. Makes New Investment in Bright Horizons Family Solutions Inc. $BFAM

Lecap Asset Management Ltd. purchased a new stake in Bright Horizons Family Solutions Inc. (NYSE:BFAM) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 9,772 shares of the company’s stock, valued at approximately $1,061,000.

Other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC grew its holdings in Bright Horizons Family Solutions by 24.1% in the 1st quarter. NewEdge Advisors LLC now owns 6,750 shares of the company’s stock valued at $858,000 after buying an additional 1,312 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Bright Horizons Family Solutions by 149.1% in the first quarter. Goldman Sachs Group Inc. now owns 614,293 shares of the company’s stock worth $78,040,000 after acquiring an additional 367,711 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Bright Horizons Family Solutions by 12.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 195,119 shares of the company’s stock worth $24,788,000 after acquiring an additional 20,859 shares during the period. Jane Street Group LLC raised its stake in Bright Horizons Family Solutions by 646.2% during the 1st quarter. Jane Street Group LLC now owns 59,643 shares of the company’s stock valued at $7,577,000 after purchasing an additional 51,650 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in Bright Horizons Family Solutions by 70.5% in the 1st quarter. Focus Partners Wealth now owns 4,516 shares of the company’s stock valued at $574,000 after purchasing an additional 1,868 shares during the period.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BFAM. Robert W. Baird set a $136.00 price objective on shares of Bright Horizons Family Solutions in a report on Friday, October 31st. Wall Street Zen downgraded Bright Horizons Family Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, November 30th. Zacks Research cut Bright Horizons Family Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. BMO Capital Markets reissued an “outperform” rating and set a $124.00 price objective on shares of Bright Horizons Family Solutions in a report on Friday, October 31st. Finally, Morgan Stanley lowered their price objective on Bright Horizons Family Solutions from $99.00 to $93.00 and set an “underweight” rating on the stock in a research report on Wednesday, December 17th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $128.29.

Bright Horizons Family Solutions Stock Performance

NYSE:BFAM opened at $102.04 on Friday. The firm has a market capitalization of $5.77 billion, a PE ratio of 29.32, a price-to-earnings-growth ratio of 1.26 and a beta of 1.41. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.52. Bright Horizons Family Solutions Inc. has a 12-month low of $91.49 and a 12-month high of $132.99. The firm has a 50-day moving average price of $101.37 and a 200 day moving average price of $108.72.

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

Bright Horizons Family Solutions 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.