Healthways, Inc. (NASDAQ:TVTY)‘s stock had its “buy” rating reiterated by equities research analysts at SunTrust Banks, Inc. in a research report issued to clients and investors on Thursday. They currently have a $46.00 target price on the stock. SunTrust Banks, Inc.’s target price suggests a potential upside of 13.02% from the stock’s previous close.

A number of other equities research analysts have also commented on TVTY. Jefferies Group LLC restated a “buy” rating and set a $36.00 price objective on shares of Healthways in a research report on Friday, June 16th. UBS AG raised their price objective on Healthways from $37.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, June 23rd. Barrington Research raised their price objective on Healthways from $35.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Zacks Investment Research lowered Healthways from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Chardan Capital started coverage on Healthways in a research report on Tuesday, August 29th. They set a “neutral” rating and a $40.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $43.14.

Healthways (TVTY) traded up 0.49% on Thursday, reaching $40.70. 182,215 shares of the company’s stock were exchanged. Healthways has a 1-year low of $19.25 and a 1-year high of $43.00. The stock has a market capitalization of $1.60 billion, a P/E ratio of 18.33 and a beta of 0.38. The firm’s 50 day moving average is $39.29 and its 200 day moving average is $36.14.

Healthways (NASDAQ:TVTY) last announced its quarterly earnings data on Thursday, July 27th. The company reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The firm had revenue of $138.90 million during the quarter, compared to analyst estimates of $138.15 million. The firm’s revenue was up 11.1% compared to the same quarter last year. Analysts expect that Healthways will post $1.53 EPS for the current year.

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In other news, Director Conan Laughlin sold 1,750,000 shares of Healthways stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $37.90, for a total transaction of $66,325,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Glenn Hargreaves sold 21,105 shares of Healthways stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $38.00, for a total value of $801,990.00. Following the sale, the insider now owns 59,077 shares of the company’s stock, valued at $2,244,926. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,824,858 shares of company stock valued at $69,172,017. 8.42% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of TVTY. Capstone Asset Management Co. acquired a new stake in Healthways in the 1st quarter worth approximately $216,000. Fox Run Management L.L.C. acquired a new stake in Healthways in the 1st quarter worth approximately $259,000. Louisiana State Employees Retirement System acquired a new stake in Healthways in the 1st quarter worth approximately $396,000. State of Alaska Department of Revenue acquired a new stake in Healthways in the 1st quarter worth approximately $107,000. Finally, Nationwide Fund Advisors acquired a new stake in Healthways in the 1st quarter worth approximately $8,461,000.

About Healthways

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

Analyst Recommendations for Healthways (NASDAQ:TVTY)

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