Teachers Advisors LLC bought a new stake in Healthways, Inc. (NASDAQ:TVTY) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 101,228 shares of the company’s stock, valued at approximately $2,946,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Capstone Asset Management Co. acquired a new position in shares of Healthways during the first quarter valued at approximately $216,000. Fox Run Management L.L.C. acquired a new position in shares of Healthways during the first quarter valued at approximately $259,000. Louisiana State Employees Retirement System acquired a new position in shares of Healthways during the first quarter valued at approximately $396,000. State of Alaska Department of Revenue acquired a new position in shares of Healthways during the first quarter valued at approximately $107,000. Finally, Nationwide Fund Advisors acquired a new position in shares of Healthways during the first quarter valued at approximately $8,461,000.

Healthways, Inc. (NASDAQ:TVTY) traded down 1.21% during mid-day trading on Friday, hitting $36.85. 298,849 shares of the company traded hands. The firm has a 50 day moving average of $39.29 and a 200 day moving average of $32.55. The firm has a market capitalization of $1.45 billion, a P/E ratio of 16.60 and a beta of 0.37. Healthways, Inc. has a one year low of $19.25 and a one year high of $41.55.

Healthways (NASDAQ:TVTY) last posted its earnings results on Thursday, July 27th. The company reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. The business had revenue of $138.90 million for the quarter, compared to analyst estimates of $138.15 million. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities research analysts expect that Healthways, Inc. will post $1.52 earnings per share for the current fiscal year.

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TVTY has been the topic of several recent research reports. Zacks Investment Research raised shares of Healthways from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a report on Wednesday, April 26th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $34.00 target price on shares of Healthways in a report on Friday, April 28th. Jefferies Group LLC reaffirmed a “buy” rating and set a $36.00 target price (up from $33.00) on shares of Healthways in a report on Saturday, April 29th. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $41.00 target price (up from $32.00) on shares of Healthways in a report on Monday, May 1st. Finally, ValuEngine upgraded shares of Healthways from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Healthways currently has an average rating of “Buy” and a consensus target price of $38.25.

In other Healthways news, Director Conan Laughlin sold 1,750,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $37.90, for a total value of $66,325,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Glenn Hargreaves sold 21,105 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $38.00, for a total transaction of $801,990.00. Following the completion of the transaction, the insider now directly owns 59,077 shares of the company’s stock, valued at approximately $2,244,926. The disclosure for this sale can be found here. 8.42% of the stock is owned by insiders.

Healthways 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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Institutional Ownership by Quarter for Healthways (NASDAQ:TVTY)

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