Healthways, Inc. (NASDAQ:TVTY) – Oppenheimer Holdings raised their Q3 2018 earnings per share estimates for Healthways in a report issued on Wednesday. Oppenheimer Holdings analyst M. Naidu now anticipates that the company will earn $0.44 per share for the quarter, up from their previous forecast of $0.43. Oppenheimer Holdings currently has a “Outperform” rating and a $50.00 price objective on the stock. Oppenheimer Holdings also issued estimates for Healthways’ Q4 2018 earnings at $0.41 EPS, Q1 2019 earnings at $0.51 EPS, Q2 2019 earnings at $0.49 EPS, Q3 2019 earnings at $0.49 EPS and FY2019 earnings at $1.98 EPS.

A number of other brokerages have also commented on TVTY. Barrington Research upped their price target on Healthways from $35.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday, July 28th. Zacks Investment Research lowered Healthways from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Chardan Capital assumed coverage on Healthways in a report on Tuesday, August 29th. They set a “neutral” rating and a $40.00 price target for the company. ValuEngine upgraded Healthways from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $46.00 price target on shares of Healthways in a report on Monday, September 25th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $46.38.

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Healthways (NASDAQ:TVTY) last released its quarterly earnings results on Thursday, October 26th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.10. Healthways had a net margin of 11.45% and a return on equity of 30.23%. The business had revenue of $137.70 million during the quarter, compared to the consensus estimate of $137.95 million. The company’s revenue was up 10.2% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently modified their holdings of TVTY. UBS Asset Management Americas Inc. acquired a new position in shares of Healthways in the first quarter valued at $242,000. Karp Capital Management Corp acquired a new position in shares of Healthways in the first quarter valued at $225,000. Parametric Portfolio Associates LLC acquired a new position in shares of Healthways in the first quarter valued at $2,640,000. Prudential Financial Inc. acquired a new position in shares of Healthways in the first quarter valued at $1,672,000. Finally, American International Group Inc. acquired a new position in shares of Healthways in the first quarter valued at $571,000.

In related news, insider Mary Flipse sold 14,020 shares of the company’s stock in a transaction on Friday, August 18th. The stock was sold at an average price of $37.03, for a total value of $519,160.60. Following the completion of the transaction, the insider now directly owns 61,167 shares in the company, valued at $2,265,014.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Glenn Hargreaves sold 7,137 shares of the company’s stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $40.00, for a total value of $285,480.00. Following the completion of the transaction, the insider now owns 52,180 shares of the company’s stock, valued at $2,087,200. The disclosure for this sale can be found here. Insiders sold 74,858 shares of company stock valued at $2,847,017 over the last 90 days. 8.42% of the stock is currently owned by corporate insiders.

Healthways Company Profile

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.

Earnings History and Estimates for Healthways (NASDAQ:TVTY)

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