Louisiana State Employees Retirement System cut its holdings in Tivity Health Inc (NASDAQ:TVTY) by 7.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,740 shares of the company’s stock after selling 1,160 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Tivity Health were worth $300,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. Tower Research Capital LLC TRC lifted its position in shares of Tivity Health by 349.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,788 shares of the company’s stock valued at $46,000 after buying an additional 2,168 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in Tivity Health by 35.1% during the third quarter. Public Employees Retirement System of Ohio now owns 3,255 shares of the company’s stock worth $54,000 after acquiring an additional 846 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Tivity Health during the third quarter valued at $100,000. Bank of Montreal Can lifted its holdings in Tivity Health by 265.1% during the second quarter. Bank of Montreal Can now owns 6,795 shares of the company’s stock valued at $111,000 after purchasing an additional 4,934 shares in the last quarter. Finally, Synovus Financial Corp purchased a new position in Tivity Health during the third quarter valued at $202,000.
A number of analysts have recently commented on TVTY shares. Piper Sandler cut shares of Tivity Health from an “overweight” rating to a “neutral” rating and set a $25.00 target price for the company. in a research note on Monday. Barrington Research reaffirmed a “buy” rating and issued a $38.00 price target on shares of Tivity Health in a research note on Monday, December 23rd. BidaskClub lowered shares of Tivity Health from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 23rd. Zacks Investment Research cut Tivity Health from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 24th. Finally, ValuEngine lowered Tivity Health from a “hold” rating to a “sell” rating in a research note on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $29.27.
Shares of TVTY opened at $23.17 on Tuesday. Tivity Health Inc has a 52-week low of $14.84 and a 52-week high of $26.07. The stock has a market cap of $1.17 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.16. The firm’s fifty day moving average is $21.63 and its two-hundred day moving average is $18.78. The company has a quick ratio of 0.78, a current ratio of 0.94 and a debt-to-equity ratio of 1.96.
Tivity Health (NASDAQ:TVTY) last issued its earnings results on Tuesday, November 12th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.10). The business had revenue of $303.90 million during the quarter, compared to analyst estimates of $301.52 million. Tivity Health had a net margin of 6.41% and a return on equity of 21.67%. Tivity Health’s quarterly revenue was up 100.6% on a year-over-year basis. During the same quarter last year, the company earned $0.59 earnings per share. As a group, research analysts anticipate that Tivity Health Inc will post 2.17 earnings per share for the current 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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