Bright Horizons Family Solutions Inc (NYSE:BFAM) Institutional Investors Sentiment Index Worsens in 2018 Q1

June 13, 2018 - By Louis Casey

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Sentiment for Bright Horizons Family Solutions Inc (NYSE:BFAM)

Bright Horizons Family Solutions Inc (NYSE:BFAM) institutional sentiment decreased to 1.18 in Q1 2018. Its down -0.18, from 1.36 in 2017Q4. The ratio worsened, as 116 funds opened new and increased equity positions, while 98 decreased and sold equity positions in Bright Horizons Family Solutions Inc. The funds in our partner’s database now have: 54.65 million shares, down from 55.94 million shares in 2017Q4. Also, the number of funds holding Bright Horizons Family Solutions Inc in their top 10 equity positions increased from 3 to 5 for an increase of 2. Sold All: 14 Reduced: 84 Increased: 77 New Position: 39.

Bright Horizons Family Solutions Inc. provides child care, early education, and other services for employers and families. The company has market cap of $6.18 billion. It operates through Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services divisions. It has a 42.04 P/E ratio. The Full Service Center-Based Child Care segment offers traditional center child care, preschool, and elementary education services.

The stock decreased 1.32% or $1.43 during the last trading session, reaching $106.66. About 92,109 shares traded. Bright Horizons Family Solutions Inc. (NYSE:BFAM) has risen 32.30% since June 13, 2017 and is uptrending. It has outperformed by 19.73% the S&P500.

Analysts await Bright Horizons Family Solutions Inc. (NYSE:BFAM) to report earnings on August, 7. They expect $0.81 EPS, up 15.71 % or $0.11 from last year’s $0.7 per share. BFAM’s profit will be $46.90M for 32.92 P/E if the $0.81 EPS becomes a reality. After $0.68 actual EPS reported by Bright Horizons Family Solutions Inc. for the previous quarter, Wall Street now forecasts 19.12 % EPS growth.

Segantii Capital Management Ltd holds 5.77% of its portfolio in Bright Horizons Family Solutions Inc. for 235,000 shares. Kelly Lawrence W & Associates Inc Ca owns 178,650 shares or 3.37% of their US portfolio. Moreover, Tokio Marine Asset Management Co Ltd has 2.02% invested in the company for 115,006 shares. The New York-based Welch Capital Partners Llc Ny has invested 1.92% in the stock. Bamco Inc Ny, a New York-based fund reported 3.46 million shares.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) Ratings Coverage

Ratings analysis reveals 33% of Bright Horizons’s analysts are positive. Out of 9 Wall Street analysts rating Bright Horizons, 3 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $89.0 while the high is $112. The stock’s average target of $102.78 is -3.64% below today’s ($106.66) share price. BFAM was included in 13 notes of analysts from December 19, 2017. The rating was maintained by Robert W. Baird with “Hold” on Monday, January 8. The stock of Bright Horizons Family Solutions Inc. (NYSE:BFAM) has “Overweight” rating given on Tuesday, May 1 by JP Morgan. The stock has “Hold” rating by BMO Capital Markets on Wednesday, January 17. RBC Capital Markets maintained Bright Horizons Family Solutions Inc. (NYSE:BFAM) on Tuesday, December 19 with “Buy” rating. The firm earned “Buy” rating on Friday, February 9 by RBC Capital Markets. RBC Capital Markets downgraded the shares of BFAM in report on Tuesday, April 3 to “Sector Perform” rating. The stock has “Buy” rating by Citigroup on Friday, May 4. The firm has “Neutral” rating given on Friday, February 9 by Credit Suisse. On Thursday, December 21 the stock rating was initiated by Macquarie Research with “Hold”. The firm has “Hold” rating given on Tuesday, March 27 by Goldman Sachs.

More news for Bright Horizons Family Solutions Inc. (NYSE:BFAM) were recently published by: Gurufocus.com, which released: “6 Stocks Outperforming the Market” on June 06, 2018. Globenewswire.com‘s article titled: “Research Report Identifies Bio-Rad Laboratories, Bright Horizons Family Solutions, Corbus Pharmaceuticals …” and published on May 18, 2018 is yet another important article.

Bright Horizons Family Solutions Inc. (NYSE:BFAM) Institutional Positions Chart

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