BidaskClub upgraded shares of Tivity Health (NASDAQ:TVTY) from a hold rating to a buy rating in a report published on Tuesday.
TVTY has been the topic of several other reports. Zacks Investment Research upgraded Tivity Health from a hold rating to a strong-buy rating and set a $45.00 target price on the stock in a research note on Wednesday, February 28th. Chardan Capital reiterated a neutral rating and set a $41.00 target price (down from $44.00) on shares of Tivity Health in a research note on Friday, February 23rd. ValuEngine downgraded Tivity Health from a buy rating to a hold rating in a research note on Monday, November 6th. Cantor Fitzgerald reiterated a buy rating and set a $45.00 target price on shares of Tivity Health in a research note on Monday, November 6th. Finally, Barrington Research increased their target price on Tivity Health from $40.00 to $47.00 and gave the company an outperform rating in a research note on Friday, February 23rd. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $46.88.
Shares of Tivity Health (NASDAQ TVTY) opened at $41.35 on Tuesday. The firm has a market capitalization of $1,630.00, a P/E ratio of 25.34, a P/E/G ratio of 1.73 and a beta of 0.27. Tivity Health has a 52 week low of $27.25 and a 52 week high of $48.50.
In other Tivity Health news, CEO Donato Tramuto sold 20,000 shares of the stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $38.53, for a total transaction of $770,600.00. Following the sale, the chief executive officer now directly owns 189,596 shares in the company, valued at approximately $7,305,133.88. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 8.42% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in TVTY. LS Investment Advisors LLC boosted its stake in shares of Tivity Health by 170.9% in the 4th quarter. LS Investment Advisors LLC now owns 3,338 shares of the company’s stock worth $122,000 after buying an additional 2,106 shares during the last quarter. Meadow Creek Investment Management LLC boosted its stake in shares of Tivity Health by 76.4% in the 4th quarter. Meadow Creek Investment Management LLC now owns 3,472 shares of the company’s stock worth $127,000 after buying an additional 1,504 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Tivity Health in the 3rd quarter worth $210,000. Macquarie Group Ltd. purchased a new position in shares of Tivity Health in the 4th quarter worth $212,000. Finally, Elkfork Partners LLC purchased a new position in shares of Tivity Health in the 4th quarter worth $222,000.
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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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