Mondrian Investment Partners LTD raised its holdings in Tivity Health Inc (NASDAQ:TVTY) by 38.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 274,018 shares of the company’s stock after acquiring an additional 75,582 shares during the period. Mondrian Investment Partners LTD owned about 0.57% of Tivity Health worth $4,557,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in TVTY. First Trust Advisors LP lifted its position in shares of Tivity Health by 59.4% in the first quarter. First Trust Advisors LP now owns 47,828 shares of the company’s stock worth $840,000 after buying an additional 17,816 shares in the last quarter. New Jersey Better Educational Savings Trust bought a new position in Tivity Health in the second quarter worth approximately $230,000. Eqis Capital Management Inc. bought a new position in Tivity Health in the second quarter worth approximately $367,000. State of New Jersey Common Pension Fund D grew its stake in Tivity Health by 166.0% in the second quarter. State of New Jersey Common Pension Fund D now owns 410,000 shares of the company’s stock worth $6,740,000 after purchasing an additional 255,848 shares in the last quarter. Finally, James Investment Research Inc. grew its stake in Tivity Health by 50.1% in the second quarter. James Investment Research Inc. now owns 22,865 shares of the company’s stock worth $376,000 after purchasing an additional 7,630 shares in the last quarter.
TVTY has been the topic of several recent research reports. Chardan Capital dropped their target price on Tivity Health from $33.00 to $24.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Cantor Fitzgerald set a $45.00 target price on Tivity Health and gave the company a “buy” rating in a research report on Monday, August 26th. Zacks Investment Research cut Tivity Health from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. BidaskClub raised Tivity Health from a “sell” rating to a “hold” rating in a research report on Thursday, October 31st. Finally, ValuEngine upgraded Tivity Health from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.33.
TVTY stock traded up $0.47 during trading on Friday, hitting $18.39. The stock had a trading volume of 895,742 shares, compared to its average volume of 974,395. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.94 and a quick ratio of 0.76. Tivity Health Inc has a twelve month low of $14.84 and a twelve month high of $41.46. The stock has a market capitalization of $844.25 million, a P/E ratio of 7.86, a PEG ratio of 0.76 and a beta of 1.01. The company’s 50-day moving average price is $16.30 and its two-hundred day moving average price is $17.69.
Tivity Health (NASDAQ:TVTY) last issued its earnings results on Wednesday, August 7th. The company reported $0.64 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.02). The company had revenue of $340.40 million for the quarter, compared to analyst estimates of $340.73 million. Tivity Health had a return on equity of 24.83% and a net margin of 8.88%. The company’s revenue for the quarter was up 124.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.53 earnings per share. As a group, sell-side analysts expect that Tivity Health Inc will post 2.21 EPS for the current fiscal year.
Tivity Health Profile
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 Prime fitness, a fitness facility access program through commercial health plans and employers.
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