Healthways, Inc. (NASDAQ:HWAY)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $22.85 and last traded at $22.33, with a volume of 1,393,171 shares. The stock had previously closed at $22.58.

HWAY has been the topic of a number of recent analyst reports. Piper Jaffray Cos. boosted their price objective on shares of Healthways from $15.00 to $25.50 and gave the stock an “overweight” rating in a report on Wednesday. Zacks Investment Research upgraded shares of Healthways from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Monday. Jefferies Group boosted their price objective on shares of Healthways from $13.00 to $18.50 and gave the stock a “hold” rating in a report on Thursday, August 4th. Oppenheimer Holdings Inc. lowered shares of Healthways from an “outperform” rating to a “market perform” rating in a report on Friday. Finally, FBR & Co initiated coverage on shares of Healthways in a report on Friday, April 15th. They issued an “outperform” rating and a $16.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Healthways has an average rating of “Hold” and a consensus target price of $18.50.

The stock’s 50 day moving average price is $13.80 and its 200 day moving average price is $11.95. The company’s market cap is $803.39 million.

Healthways (NASDAQ:HWAY) last announced its quarterly earnings results on Tuesday, August 9th. The company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.53. During the same quarter last year, the company earned $0.11 EPS. The business had revenue of $125 million for the quarter, compared to analyst estimates of $186.88 million. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. Equities research analysts forecast that Healthways, Inc. will post $0.25 earnings per share for the current year.

An institutional investor recently raised its position in Healthways stock. BNP Paribas Arbitrage SA raised its stake in Healthways, Inc. (NASDAQ:HWAY) by 37.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 80,127 shares of the company’s stock after buying an additional 21,702 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.22% of Healthways worth $1,031,000 as of its most recent filing with the SEC.

Healthways, Inc (Healthways) provides network delivered solutions and population health management services that are designed to help people manage their wellbeing, thereby managing their health and productivity, and their health-related costs. The Company operates in the domestic and international segments, which are collectively known as the well-being improvement services segment.

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