Weaver C. Barksdale Associates adds Bright Horizons Family Solutions Inc (BFAM) to its portfolio

Bright Horizons Family Solutions Inc (BFAM) : Weaver C. Barksdale Associates added new position in Bright Horizons Family Solutions Inc during the most recent quarter end. The investment management firm now holds 38,016 shares of Bright Horizons Family Solutions Inc which is valued at $2.4 Million according to a report filed by the company on Apr 5, 2016 with the SEC.Bright Horizons Family Solutions Inc makes up approximately 1.83% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, Bright Horizons Family Solutions Inc reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Nov 5, 2015. Analyst had a consensus of $0.41. The company had revenue of $365.94 million for the quarter, compared to analysts expectations of $365.30 million. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.

Many Wall Street Analysts have commented on Bright Horizons Family Solutions Inc. Company shares were Reiterated by RBC Capital Mkts on Feb 9, 2016 to “Outperform”, Firm has raised the Price Target to $ 71 from a previous price target of $70 .Bright Horizons Family Solutions Inc was Resumed by Credit Suisse to “Outperform” on Feb 3, 2016.

Bright Horizons Family Solutions Inc closed down -0.35 points or -0.55% at $63.8 with 1,41,317 shares getting traded on Monday. Post opening the session at $64.25, the shares hit an intraday low of $63.73 and an intraday high of $64.44 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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 who offer child care and other dependent care solutions as part of their employee benefits packages. Its service offerings include center-based full service child care and early education; back-up dependent care and educational advisory services. It operates in three segments: full service center-based care which includes center-based child care preschool and elementary education; back-up dependent care which includes center-based back-up child care in-home care mildly ill child care and adult/elder care and other educational advisory services which includes its college preparation and admissions advisory services as well as tuition reimbursement administration and educational advising services. It serves children in the United States the United Kingdom the Netherlands Ireland Canada and India.

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