Bright Horizons Family Solutions Inc (NYSE:BFAM) Has Decline in Shorts

May 17, 2018 - By Hannah Black

Bright Horizons Family Solutions Inc. (NYSE:BFAM) Logo

Investors sentiment increased to 1.36 in Q4 2017. Its up 0.32, from 1.04 in 2017Q3. It improved, as 17 investors sold Bright Horizons Family Solutions Inc. shares while 66 reduced holdings. 34 funds opened positions while 79 raised stakes. 55.94 million shares or 2.32% less from 57.27 million shares in 2017Q3 were reported.
Ami Asset Management Corp reported 165,325 shares. Moreover, Martingale Asset Management Ltd Partnership has 0.15% invested in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Pacad Limited reported 1,500 shares or 0.03% of all its holdings. Denver Lc holds 9,369 shares or 0.04% of its portfolio. Putnam Invs Llc owns 0.01% invested in Bright Horizons Family Solutions Inc. (NYSE:BFAM) for 40,669 shares. Delta Asset Mgmt Ltd Liability Com Tn owns 21 shares. Tower Research Limited Liability Company (Trc) holds 0.01% or 423 shares in its portfolio. Keybank National Association Oh invested in 0% or 2,564 shares. Blackrock has 0.01% invested in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Vanguard Grp accumulated 4.26M shares. Geode Cap Mngmt Limited Com holds 0.01% or 426,347 shares. 52,003 were accumulated by State Board Of Administration Of Florida Retirement. Private Advisor Group Incorporated Limited has invested 0.01% in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Asset Mngmt One Ltd reported 31,523 shares. Raymond James & invested in 31,524 shares or 0.01% of the stock.

The stock of Bright Horizons Family Solutions Inc (NYSE:BFAM) registered a decrease of 8% in short interest. BFAM’s total short interest was 714,000 shares in May as published by FINRA. Its down 8% from 776,100 shares, reported previously. With 278,200 shares average volume, it will take short sellers 3 days to cover their BFAM’s short positions. The short interest to Bright Horizons Family Solutions Inc’s float is 1.44%.

The stock increased 0.44% or $0.43 during the last trading session, reaching $99.42. About 95,481 shares traded. Bright Horizons Family Solutions Inc. (NYSE:BFAM) has risen 38.44% since May 17, 2017 and is uptrending. It has outperformed by 26.89% the S&P500.

Bright Horizons Family Solutions Inc. provides child care and early education, back-up dependent care, and educational advisory services for employers and families. The company has market cap of $5.76 billion. The firm operates through three divisions: Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services. It has a 39.19 P/E ratio. The Full Service Center-Based Child Care segment offers traditional center child care, preschool, and elementary education services.

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

Among 9 analysts covering Bright Horizons (NYSE:BFAM), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Bright Horizons had 13 analyst reports since December 19, 2017 according to SRatingsIntel. Goldman Sachs initiated the shares of BFAM in report on Tuesday, March 27 with “Hold” rating. The stock of Bright Horizons Family Solutions Inc. (NYSE:BFAM) earned “Hold” rating by Macquarie Research on Thursday, December 21. The rating was maintained by Credit Suisse on Friday, February 9 with “Neutral”. RBC Capital Markets maintained Bright Horizons Family Solutions Inc. (NYSE:BFAM) on Friday, February 9 with “Buy” rating. Citigroup maintained the stock with “Buy” rating in Friday, May 4 report. The company was maintained on Tuesday, December 19 by RBC Capital Markets. The company was maintained on Tuesday, May 1 by JP Morgan. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, May 1. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Tuesday, April 3. The firm has “Hold” rating given on Monday, January 8 by Robert W. Baird.

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

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