Koch Industries Inc. increased its stake in Tivity Health Inc (NASDAQ:TVTY) by 93.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 9,590 shares of the company’s stock after purchasing an additional 4,627 shares during the quarter. Koch Industries Inc.’s holdings in Tivity Health were worth $351,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of TVTY. Neuberger Berman Group LLC lifted its holdings in Tivity Health by 587.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,633,016 shares of the company’s stock worth $66,627,000 after purchasing an additional 1,395,539 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Tivity Health by 390.7% during the fourth quarter. American Century Companies Inc. now owns 1,238,336 shares of the company’s stock worth $45,261,000 after buying an additional 985,996 shares during the last quarter. Carillon Tower Advisers Inc. acquired a new position in shares of Tivity Health during the fourth quarter worth approximately $28,150,000. BlackRock Inc. lifted its holdings in shares of Tivity Health by 5.7% during the fourth quarter. BlackRock Inc. now owns 4,624,987 shares of the company’s stock worth $169,043,000 after buying an additional 247,948 shares during the last quarter. Finally, American Capital Management Inc. lifted its holdings in shares of Tivity Health by 15.6% during the fourth quarter. American Capital Management Inc. now owns 1,072,823 shares of the company’s stock worth $39,212,000 after buying an additional 144,995 shares during the last quarter.
Tivity Health Inc (NASDAQ:TVTY) opened at $41.30 on Tuesday. Tivity Health Inc has a 1-year low of $27.25 and a 1-year high of $48.50. The company has a market capitalization of $1,645.10, a P/E ratio of 24.32, a PEG ratio of 1.74 and a beta of 0.27.
A number of brokerages have recently commented on TVTY. BidaskClub upgraded Tivity Health from a “hold” rating to a “buy” rating in a report on Tuesday, March 6th. Zacks Investment Research lowered Tivity Health from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. Cantor Fitzgerald reiterated an “overweight” rating and set a $53.00 price target on shares of Tivity Health in a report on Friday, February 23rd. Barrington Research upped their price target on Tivity Health from $40.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Finally, Chardan Capital reiterated a “neutral” rating and set a $41.00 price target (down from $44.00) on shares of Tivity Health in a report on Friday, February 23rd. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $46.88.
In related news, CEO Donato Tramuto sold 20,000 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $38.53, for a total value of $770,600.00. Following the completion of the transaction, the chief executive officer now directly owns 189,596 shares in the company, valued at $7,305,133.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 8.42% of the company’s stock.
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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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