Bright Horizons Family Solutions Inc (NYSE:BFAM) Short Interest Increased By 28.36%

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

Investors sentiment increased to 1.39 in Q2 2018. Its up 0.21, from 1.18 in 2018Q1. It improved, as 32 investors sold Bright Horizons Family Solutions Inc. shares while 60 reduced holdings. 39 funds opened positions while 89 raised stakes. 55.77 million shares or 2.05% more from 54.65 million shares in 2018Q1 were reported.
Envestnet Asset Mngmt Incorporated holds 6,229 shares. Fmr Limited Liability Corporation stated it has 0% in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Brown Advisory accumulated 1.23M shares or 0.39% of the stock. First Mercantile, Tennessee-based fund reported 1,430 shares. Manufacturers Life Insurance The invested 0% in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Bancorporation Of New York Mellon Corporation holds 0.01% in Bright Horizons Family Solutions Inc. (NYSE:BFAM) or 247,336 shares. Swiss Bancorporation has invested 0.01% in Bright Horizons Family Solutions Inc. (NYSE:BFAM). Toronto Dominion Bankshares holds 0% or 30 shares in its portfolio. Aqr Capital Mgmt Ltd Company accumulated 46,925 shares or 0% of the stock. Parametric Associate Limited Liability Corporation reported 115,982 shares stake. Connable Office reported 2,440 shares. Jefferies Ltd Liability Co holds 0% or 7,336 shares. Ajo Limited Partnership invested in 56,986 shares. 854 were reported by Ftb Advsrs. State Bank Of Montreal Can has invested 0% of its portfolio in Bright Horizons Family Solutions Inc. (NYSE:BFAM).

The stock of Bright Horizons Family Solutions Inc (NYSE:BFAM) registered an increase of 28.36% in short interest. BFAM’s total short interest was 511,900 shares in December as published by FINRA. Its up 28.36% from 398,800 shares, reported previously. With 196,900 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 0.95%.

The stock decreased 1.57% or $1.9 during the last trading session, reaching $119.27. About 68,566 shares traded. Bright Horizons Family Solutions Inc. (NYSE:BFAM) has risen 43.74% since December 6, 2017 and is uptrending. It has outperformed by 28.12% 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 $6.93 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 43.62 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 4 analysts covering Bright Horizons Family (NYSE:BFAM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Bright Horizons Family had 5 analyst reports since August 6, 2018 according to SRatingsIntel. BMO Capital Markets maintained it with “Market Perform” rating and $120 target in Tuesday, November 6 report. Robert W. Baird maintained the shares of BFAM in report on Friday, November 2 with “Neutral” rating. BMO Capital Markets maintained Bright Horizons Family Solutions Inc. (NYSE:BFAM) rating on Monday, August 6. BMO Capital Markets has “Market Perform” rating and $118 target. As per Friday, November 2, the company rating was maintained by JP Morgan. The company was maintained on Friday, November 2 by Barclays Capital.

More notable recent Bright Horizons Family Solutions Inc. (NYSE:BFAM) news were published by: Seekingalpha.com which released: “EdTech: Smarter And Smarter – Seeking Alpha” on March 21, 2018, also Seekingalpha.com with their article: “Bright Horizons Family Solutions announces pricing of secondary offering – Seeking Alpha” published on March 27, 2018, Zacks.com published: “Adtalem (ATGE) Surges 52% in a Year, Outperforms Industry – Zacks.com” on November 19, 2018. More interesting news about Bright Horizons Family Solutions Inc. (NYSE:BFAM) were released by: Seekingalpha.com and their article: “Bright Horizons Family Solutions’ (BFAM) CEO Stephen Kramer on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on April 30, 2018 as well as Zacks.com‘s news article titled: “LOPE or BFAM: Which Is the Better Value Stock Right Now? – Zacks.com” with publication date: June 28, 2018.

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

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