Tivity Health (NASDAQ:TVTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Friday.

According to Zacks, “Tivity Health, Inc. provides health management services. The company offers services which include chiropractic services, physical therapy, occupational therapy, speech therapy, acupuncture, massage and complementary and alternative medicine services. Its network comprises SilverSneakers(R), Prime(R) Fitness and WholeHealth Living (TM). Tivity Health, Inc., formerly known as Healthways, Inc., is based in Franklin, Tennessee. “

Several other equities research analysts have also recently commented on the company. SunTrust Banks set a $50.00 target price on Tivity Health and gave the company a “buy” rating in a research note on Friday, October 27th. Chardan Capital reissued a “neutral” rating and issued a $44.00 target price (up from $40.00) on shares of Tivity Health in a research note on Friday, October 27th. Cantor Fitzgerald reissued a “buy” rating and issued a $45.00 target price on shares of Tivity Health in a research note on Monday, November 6th. Oppenheimer lifted their target price on Tivity Health from $47.00 to $50.00 and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Finally, Jefferies Group reissued a “buy” rating and issued a $46.00 target price on shares of Tivity Health in a research note on Monday, September 25th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $46.25.

Tivity Health (TVTY) remained flat at $$37.30 during mid-day trading on Friday. 438,954 shares of the company’s stock were exchanged, compared to its average volume of 462,167. Tivity Health has a fifty-two week low of $20.60 and a fifty-two week high of $48.50. The stock has a market capitalization of $1,490.00, a price-to-earnings ratio of 23.91, a PEG ratio of 1.94 and a beta of 0.18. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.02.

Tivity Health (NASDAQ:TVTY) last released its quarterly earnings results on Thursday, October 26th. The company reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.10. Tivity Health had a return on equity of 30.23% and a net margin of 11.45%. The firm had revenue of $137.70 million during the quarter, compared to analysts’ expectations of $137.95 million. Tivity Health’s quarterly revenue was up 10.2% compared to the same quarter last year. equities analysts expect that Tivity Health will post 1.6 earnings per share for the current year.

In other news, Director Conan Laughlin sold 140,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $34.90, for a total value of $4,886,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Glenn Hargreaves sold 5,805 shares of the firm’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $45.15, for a total value of $262,095.75. Following the completion of the transaction, the chief accounting officer now owns 44,448 shares in the company, valued at $2,006,827.20. The disclosure for this sale can be found here. Insiders sold a total of 875,892 shares of company stock worth $31,815,642 over the last 90 days. 8.42% of the stock is owned by corporate insiders.

Several large investors have recently bought and sold shares of the company. Flinton Capital Management LLC boosted its position in shares of Tivity Health by 63.5% in the 2nd quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock worth $139,000 after purchasing an additional 1,360 shares during the last quarter. Riverhead Capital Management LLC boosted its position in shares of Tivity Health by 69.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after purchasing an additional 1,464 shares during the last quarter. New York State Teachers Retirement System boosted its position in shares of Tivity Health by 1.5% in the 3rd quarter. New York State Teachers Retirement System now owns 111,510 shares of the company’s stock worth $4,550,000 after purchasing an additional 1,700 shares during the last quarter. Sawgrass Asset Management LLC boosted its position in shares of Tivity Health by 31.6% in the 3rd quarter. Sawgrass Asset Management LLC now owns 7,755 shares of the company’s stock worth $316,000 after purchasing an additional 1,860 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Tivity Health in the 3rd quarter worth $210,000.

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About Tivity Health

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.

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