Shares of Healthways, Inc. (NASDAQ:TVTY) have received an average rating of “Buy” from the ten analysts that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $46.25.
A number of equities research analysts have weighed in on TVTY shares. ValuEngine downgraded Healthways from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price objective (down from $46.00) on shares of Healthways in a report on Tuesday, November 7th. SunTrust Banks, Inc. set a $50.00 price objective on Healthways and gave the company a “buy” rating in a report on Friday, October 27th. Oppenheimer Holdings, Inc. lifted their price objective on Healthways from $47.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $46.00 price objective on shares of Healthways in a report on Monday, September 25th.
In other news, insider Glenn Hargreaves sold 23,448 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $37.78, for a total value of $885,865.44. Following the transaction, the insider now directly owns 62,211 shares of the company’s stock, valued at approximately $2,350,331.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mary Flipse sold 14,020 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $37.03, for a total value of $519,160.60. Following the completion of the transaction, the insider now directly owns 61,167 shares in the company, valued at $2,265,014.01. The disclosure for this sale can be found here. Insiders sold a total of 183,218 shares of company stock worth $8,200,064 over the last three months. 8.42% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Flinton Capital Management LLC boosted its holdings in shares of Healthways by 63.5% in the 2nd quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock worth $139,000 after acquiring an additional 1,360 shares in the last quarter. Riverhead Capital Management LLC boosted its holdings in shares of Healthways by 69.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after acquiring an additional 1,464 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Healthways in the 3rd quarter worth approximately $210,000. Crossmark Global Holdings Inc. acquired a new position in shares of Healthways in the 3rd quarter worth approximately $279,000. Finally, Piedmont Investment Advisors LLC bought a new position in Healthways in the 2nd quarter worth approximately $290,000.
Healthways (NASDAQ:TVTY) traded down $0.25 during mid-day trading on Friday, reaching $33.75. The company had a trading volume of 922,500 shares, compared to its average volume of 492,482. Healthways has a fifty-two week low of $20.60 and a fifty-two week high of $48.50. The firm has a market capitalization of $1,346.97, a P/E ratio of 20.73, a PEG ratio of 1.93 and a beta of 0.27. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.02.
Healthways (NASDAQ:TVTY) last released its earnings results on Thursday, October 26th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.10. The business had revenue of $137.70 million for the quarter, compared to the consensus estimate of $137.95 million. Healthways had a return on equity of 30.23% and a net margin of 11.45%. Healthways’s revenue for the quarter was up 10.2% on a year-over-year basis. research analysts predict that Healthways will post 1.6 EPS for the current fiscal year.
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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