Tivity Health (NASDAQ:TVTY) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued on Thursday.
Other equities research analysts also recently issued research reports about the company. Chardan Capital reiterated a “neutral” rating and set a $44.00 price objective (up previously from $40.00) on shares of Tivity Health in a research report on Friday, October 27th. Barrington Research reiterated an “outperform” rating and set a $40.00 price objective (down previously from $46.00) on shares of Tivity Health in a research report on Tuesday, November 7th. ValuEngine downgraded Tivity Health from a “buy” rating to a “hold” rating in a research report on Monday, November 6th. Cantor Fitzgerald reiterated a “buy” rating and set a $45.00 price objective on shares of Tivity Health in a research report on Monday, November 6th. Finally, SunTrust Banks reiterated a “buy” rating and set a $46.00 price objective on shares of Tivity Health in a research report on Thursday, October 12th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $46.25.
Shares of Tivity Health (NASDAQ TVTY) opened at $36.40 on Thursday. The firm has a market capitalization of $1,440.00, a P/E ratio of 23.33, a price-to-earnings-growth ratio of 1.95 and a beta of 0.18. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.60 and a quick ratio of 0.60. Tivity Health has a 52-week low of $20.60 and a 52-week high of $48.50.
In other Tivity Health news, insider Mary Flipse sold 5,000 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $48.11, for a total transaction of $240,550.00. Following the sale, the insider now directly owns 45,167 shares of the company’s stock, valued at approximately $2,172,984.37. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Glenn Hargreaves sold 5,805 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $45.15, for a total transaction of $262,095.75. Following the sale, the chief accounting officer now directly owns 44,448 shares in the company, valued at $2,006,827.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 875,892 shares of company stock worth $31,815,642. Company insiders own 8.42% of the company’s stock.
A number of large investors have recently made changes to their positions in TVTY. Flinton Capital Management LLC raised its stake in Tivity Health by 63.5% during the 2nd quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock valued at $139,000 after purchasing an additional 1,360 shares during the period. Riverhead Capital Management LLC raised its stake in Tivity Health by 69.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock valued at $142,000 after purchasing an additional 1,464 shares during the period. SG Americas Securities LLC acquired a new stake in Tivity Health during the 3rd quarter valued at $210,000. Crossmark Global Holdings Inc. acquired a new stake in Tivity Health during the 3rd quarter valued at $279,000. Finally, Piedmont Investment Advisors LLC acquired a new stake in Tivity Health during the 2nd quarter valued at $290,000.
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Tivity Health 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.
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