SunTrust Banks, Inc. reissued their buy rating on shares of Healthways, Inc. (NASDAQ:TVTY) in a research report released on Thursday. The brokerage currently has a $46.00 price target on the stock.

TVTY has been the topic of a number of other research reports. Chardan Capital began coverage on Healthways in a research report on Tuesday, August 29th. They issued a neutral rating and a $40.00 target price on the stock. Zacks Investment Research upgraded Healthways from a sell rating to a hold rating in a report on Wednesday, September 6th. Jefferies Group LLC reiterated a buy rating and issued a $36.00 price objective on shares of Healthways in a report on Friday, June 16th. Barrington Research boosted their price objective on Healthways from $35.00 to $44.00 and gave the company an outperform rating in a report on Friday, July 28th. Finally, UBS AG boosted their price objective on Healthways from $37.00 to $43.00 and gave the company a buy rating in a report on Friday, June 23rd. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of $43.14.

Healthways (NASDAQ:TVTY) opened at 41.10 on Thursday. The company has a market cap of $1.62 billion, a P/E ratio of 18.51 and a beta of 0.38. The firm has a 50-day moving average price of $39.56 and a 200 day moving average price of $36.38. Healthways has a 12 month low of $19.25 and a 12 month high of $43.00.

Healthways (NASDAQ:TVTY) last posted its earnings results on Thursday, July 27th. The company reported $0.41 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.03. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The company had revenue of $138.90 million for the quarter, compared to the consensus estimate of $138.15 million. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. Equities research analysts predict that Healthways will post $1.53 EPS for the current year.

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In related news, insider Glenn Hargreaves sold 21,105 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $38.00, for a total value of $801,990.00. Following the sale, the insider now owns 59,077 shares in the company, valued at approximately $2,244,926. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Conan Laughlin sold 1,750,000 shares of the business’s stock in a transaction 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 disclosure for this sale can be found here. Insiders sold a total of 1,824,858 shares of company stock worth $69,172,017 in the last quarter. Company insiders own 8.42% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TVTY. Flinton Capital Management LLC grew its stake in Healthways by 63.5% during the 2nd quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock worth $139,000 after purchasing an additional 1,360 shares in the last quarter. Riverhead Capital Management LLC grew its stake in Healthways by 69.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after purchasing an additional 1,464 shares in the last quarter. US Bancorp DE acquired a new position in Healthways during the 1st quarter worth $145,000. Caxton Associates LP acquired a new position in Healthways during the 1st quarter worth $221,000. Finally, Karp Capital Management Corp acquired a new position in Healthways during the 1st quarter worth $225,000.

About Healthways

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.

Analyst Recommendations for Healthways (NASDAQ:TVTY)

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