Nuveen Asset Management LLC lifted its position in shares of Tivity Health Inc (NASDAQ:TVTY) by 516.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 290,204 shares of the company’s stock after buying an additional 243,141 shares during the quarter. Nuveen Asset Management LLC owned about 0.61% of Tivity Health worth $4,771,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of TVTY. UBS Asset Management Americas Inc. grew its holdings in Tivity Health by 75.7% in the second quarter. UBS Asset Management Americas Inc. now owns 36,537 shares of the company’s stock worth $601,000 after purchasing an additional 15,743 shares during the period. Point72 Hong Kong Ltd lifted its stake in shares of Tivity Health by 16,265.5% in the second quarter. Point72 Hong Kong Ltd now owns 9,001 shares of the company’s stock valued at $148,000 after buying an additional 8,946 shares in the last quarter. Jefferies Group LLC bought a new position in shares of Tivity Health in the second quarter valued at $223,000. Morgan Stanley lifted its stake in shares of Tivity Health by 300.4% in the second quarter. Morgan Stanley now owns 2,771,427 shares of the company’s stock valued at $45,562,000 after buying an additional 2,079,309 shares in the last quarter. Finally, Alberta Investment Management Corp bought a new position in shares of Tivity Health in the second quarter valued at $702,000.
Shares of TVTY traded up $0.47 during trading hours on Friday, reaching $18.39. 895,700 shares of the stock traded hands, compared to its average volume of 974,395. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.06. The company has a market cap of $844.25 million, a price-to-earnings ratio of 7.86, a PEG ratio of 0.76 and a beta of 1.01. The stock has a fifty day simple moving average of $16.31 and a 200 day simple moving average of $17.68. Tivity Health Inc has a 52 week low of $14.84 and a 52 week high of $41.46.
Tivity Health (NASDAQ:TVTY) last posted its earnings results on Wednesday, August 7th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.02). Tivity Health had a net margin of 8.88% and a return on equity of 24.83%. The company had revenue of $340.40 million for the quarter, compared to the consensus estimate of $340.73 million. During the same quarter in the prior year, the company posted $0.53 EPS. Tivity Health’s revenue was up 124.1% on a year-over-year basis. Analysts predict that Tivity Health Inc will post 2.21 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the stock. Chardan Capital dropped their price objective on shares of Tivity Health from $33.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, August 23rd. Barrington Research reaffirmed an “outperform” rating on shares of Tivity Health in a research note on Thursday, August 8th. Zacks Investment Research lowered shares of Tivity Health from a “hold” rating to a “sell” rating in a research note on Friday, August 9th. ValuEngine raised shares of Tivity Health from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Finally, Piper Jaffray Companies dropped their price objective on shares of Tivity Health from $33.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company. Tivity Health has an average rating of “Buy” and an average target price of $31.33.
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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