Deutsche Bank AG Has $18.43 Million Position in Bright Horizons Family Solutions (BFAM)

Deutsche Bank AG reduced its stake in shares of Bright Horizons Family Solutions (NYSE:BFAM) by 14.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 196,068 shares of the company’s stock after selling 33,017 shares during the quarter. Deutsche Bank AG owned 0.33% of Bright Horizons Family Solutions worth $18,427,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Carillon Tower Advisers Inc. purchased a new stake in shares of Bright Horizons Family Solutions during the 4th quarter valued at about $47,584,000. Schwab Charles Investment Management Inc. increased its holdings in Bright Horizons Family Solutions by 11.4% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 290,698 shares of the company’s stock worth $27,326,000 after purchasing an additional 29,775 shares during the last quarter. Invictus RG purchased a new stake in Bright Horizons Family Solutions during the 4th quarter worth approximately $402,000. Dean Capital Investments Management LLC purchased a new stake in Bright Horizons Family Solutions during the 4th quarter worth approximately $887,000. Finally, Eagle Asset Management Inc. increased its holdings in Bright Horizons Family Solutions by 0.5% during the 3rd quarter. Eagle Asset Management Inc. now owns 831,861 shares of the company’s stock worth $72,455,000 after purchasing an additional 4,494 shares during the last quarter. Institutional investors and hedge funds own 98.73% of the company’s stock.

In other news, Director Mary Ann Tocio sold 3,600 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $93.16, for a total value of $335,376.00. Following the completion of the transaction, the director now owns 64,218 shares in the company, valued at approximately $5,982,548.88. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Stephen I. Dreier sold 1,141 shares of Bright Horizons Family Solutions stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $94.00, for a total value of $107,254.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 60,435 shares of company stock valued at $5,812,289. Insiders own 2.90% of the company’s stock.

BFAM has been the topic of several analyst reports. Zacks Investment Research upgraded Bright Horizons Family Solutions from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a report on Tuesday, March 20th. Citigroup lifted their price objective on Bright Horizons Family Solutions to $107.00 and gave the stock a “buy” rating in a report on Monday, February 12th. Barclays restated a “buy” rating and set a $105.00 price objective on shares of Bright Horizons Family Solutions in a report on Wednesday, December 27th. Royal Bank of Canada restated a “buy” rating and set a $89.00 price objective on shares of Bright Horizons Family Solutions in a report on Wednesday, December 20th. Finally, BMO Capital Markets restated a “hold” rating and set a $98.00 price objective on shares of Bright Horizons Family Solutions in a report on Wednesday, January 17th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $101.75.

Bright Horizons Family Solutions stock opened at $102.84 on Friday. The company has a market capitalization of $6,022.93, a P/E ratio of 40.33, a PEG ratio of 2.34 and a beta of 0.19. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.42 and a quick ratio of 0.42. Bright Horizons Family Solutions has a 12-month low of $69.44 and a 12-month high of $103.52.

Bright Horizons Family Solutions (NYSE:BFAM) last issued its earnings results on Thursday, February 8th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.69 by $0.04. The company had revenue of $440.00 million during the quarter, compared to analyst estimates of $438.99 million. Bright Horizons Family Solutions had a return on equity of 20.69% and a net margin of 9.02%. The business’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 EPS. research analysts expect that Bright Horizons Family Solutions will post 2.93 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Deutsche Bank AG Has $18.43 Million Position in Bright Horizons Family Solutions (BFAM)” was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another domain, it was stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3298550/deutsche-bank-ag-has-18-43-million-position-in-bright-horizons-family-solutions-bfam.html.

Bright Horizons Family Solutions Profile

Bright Horizons Family Solutions Inc is a provider of child care, early education and other services. The Company provides services under multi-year contracts with employers offering child care and other dependent care solutions as part of their employee benefits packages. Its segments include full service center-based care services, back-up dependent care services and other educational advisory services.

Want to see what other hedge funds are holding BFAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bright Horizons Family Solutions (NYSE:BFAM).

Institutional Ownership by Quarter for Bright Horizons Family Solutions (NYSE:BFAM)

Receive News & Ratings for Bright Horizons Family Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bright Horizons Family Solutions and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Seadrill  Shares Gap Up to $0.27
Seadrill Shares Gap Up to $0.27
U.S. Silica  Shares Gap Up  After Strong Earnings
U.S. Silica Shares Gap Up After Strong Earnings
Menlo Therapeutics  Reaches New 52-Week High and Low at $7.90
Menlo Therapeutics Reaches New 52-Week High and Low at $7.90
Intel  Releases Q2 Earnings Guidance
Intel Releases Q2 Earnings Guidance
Entegris  Posts  Earnings Results, Beats Expectations By $0.05 EPS
Entegris Posts Earnings Results, Beats Expectations By $0.05 EPS
EXACT Sciences  Releases  Earnings Results, Beats Expectations By $0.05 EPS
EXACT Sciences Releases Earnings Results, Beats Expectations By $0.05 EPS


© 2006-2018 Ticker Report. Google+.