Loomis Sayles & Co. L P cut its holdings in Tivity Health Inc (NASDAQ:TVTY) by 1.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 516,555 shares of the company’s stock after selling 5,633 shares during the quarter. Loomis Sayles & Co. L P owned 1.28% of Tivity Health worth $16,607,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of TVTY. NEXT Financial Group Inc purchased a new position in shares of Tivity Health in the third quarter valued at $104,000. Itau Unibanco Holding S.A. purchased a new position in shares of Tivity Health in the second quarter valued at $141,000. ClariVest Asset Management LLC grew its holdings in shares of Tivity Health by 47.8% in the second quarter. ClariVest Asset Management LLC now owns 5,879 shares of the company’s stock valued at $207,000 after purchasing an additional 1,902 shares in the last quarter. Stone Ridge Asset Management LLC purchased a new position in shares of Tivity Health in the third quarter valued at $213,000. Finally, Stevens Capital Management LP purchased a new position in Tivity Health during the second quarter worth $248,000.
In other news, CEO Donato Tramuto sold 35,000 shares of Tivity Health stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $38.25, for a total transaction of $1,338,750.00. Following the completion of the sale, the chief executive officer now directly owns 334,743 shares in the company, valued at $12,803,919.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 8.42% of the stock is currently owned by company insiders.
Several research analysts have commented on the stock. BidaskClub lowered shares of Tivity Health from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 16th. Zacks Investment Research raised shares of Tivity Health from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Saturday, November 10th. Barrington Research reaffirmed a “buy” rating and set a $50.00 price objective on shares of Tivity Health in a research note on Tuesday, November 6th. Chardan Capital dropped their price objective on shares of Tivity Health from $43.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday, November 6th. Finally, ValuEngine raised shares of Tivity Health from a “sell” rating to a “hold” rating in a research note on Tuesday, November 6th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $46.50.
NASDAQ TVTY opened at $40.61 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.15. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 1.71 and a beta of 0.68. Tivity Health Inc has a 52 week low of $31.22 and a 52 week high of $44.35.
Tivity Health (NASDAQ:TVTY) last posted its quarterly earnings data on Monday, November 5th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.57 by $0.02. The company had revenue of $151.50 million during the quarter, compared to analyst estimates of $153.87 million. Tivity Health had a net margin of 13.29% and a return on equity of 28.25%. Tivity Health’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 earnings per share. Analysts predict that Tivity Health Inc will post 2.18 EPS for the current fiscal year.
About Tivity Health
Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.
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