Town Sports International Holdings, Inc. (NASDAQ:CLUB) shares traded up 1.4% on Monday . The stock traded as high as $7.15 and last traded at $6.90. 142,691 shares changed hands during trading, an increase of 34% from the average session volume of 106,436 shares. The stock had previously closed at $7.00.

Several research analysts recently weighed in on the company. Imperial Capital restated an “outperform” rating and set a $7.50 target price (up from $5.00) on shares of Town Sports International Holdings in a research note on Monday, July 31st. Zacks Investment Research downgraded Town Sports International Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th.

Town Sports International Holdings (NASDAQ:CLUB) last issued its quarterly earnings data on Thursday, July 27th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.12. The firm had revenue of $99.99 million for the quarter, compared to analysts’ expectations of $98.68 million.

In other Town Sports International Holdings news, Director Louis Spencer Wells sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $5.90, for a total transaction of $35,400.00. Following the transaction, the director now owns 21,235 shares of the company’s stock, valued at $125,286.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 19.00% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp grew its holdings in shares of Town Sports International Holdings by 6.6% during the first quarter. Bank of New York Mellon Corp now owns 35,984 shares of the company’s stock worth $128,000 after purchasing an additional 2,220 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Town Sports International Holdings by 340.7% during the second quarter. Acadian Asset Management LLC now owns 33,055 shares of the company’s stock worth $155,000 after purchasing an additional 25,555 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Town Sports International Holdings by 1.7% during the second quarter. Northern Trust Corp now owns 48,863 shares of the company’s stock worth $230,000 after purchasing an additional 838 shares during the last quarter. Kennedy Capital Management Inc. grew its holdings in shares of Town Sports International Holdings by 9.9% during the first quarter. Kennedy Capital Management Inc. now owns 212,537 shares of the company’s stock worth $755,000 after purchasing an additional 19,230 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Town Sports International Holdings by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 353,617 shares of the company’s stock worth $1,255,000 after purchasing an additional 7,852 shares during the last quarter. 50.52% of the stock is currently owned by institutional investors.

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About Town Sports International Holdings

Town Sports International Holdings, Inc is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States fitness. As of December 31, 2016, the Company, through its subsidiaries, operated 150 fitness clubs (clubs). It owned and operated a total of 102 clubs under the New York Sports Clubs (NYSC) brand name within a 120-mile radius of New York City as of December 31, 2016, including 35 locations in Manhattan.

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