Cubist Systematic Strategies LLC purchased a new position in Town Sports International Holdings, Inc. (NASDAQ:CLUB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,001 shares of the company’s stock, valued at approximately $105,000. Cubist Systematic Strategies LLC owned 0.06% of Town Sports International at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Town Sports International by 3,416.2% in the third quarter. JPMorgan Chase & Co. now owns 17,581 shares of the company’s stock worth $120,000 after acquiring an additional 17,081 shares during the period. Northern Trust Corp raised its position in Town Sports International by 1.7% in the second quarter. Northern Trust Corp now owns 48,863 shares of the company’s stock worth $230,000 after acquiring an additional 838 shares during the period. EAM Investors LLC bought a new position in Town Sports International in the third quarter worth approximately $817,000. Mckinley Capital Management LLC Delaware bought a new position in Town Sports International in the third quarter worth approximately $1,045,000. Finally, Macquarie Group Ltd. bought a new position in Town Sports International in the third quarter worth approximately $1,058,000. Institutional investors and hedge funds own 54.24% of the company’s stock.

Several research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Town Sports International from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. ValuEngine upgraded shares of Town Sports International from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st.

In other news, insider Michelle Ryan sold 11,316 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $5.98, for a total transaction of $67,669.68. Following the sale, the insider now directly owns 18,333 shares in the company, valued at approximately $109,631.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Carolyn Spatafora sold 11,546 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $5.74, for a total transaction of $66,274.04. Following the sale, the chief financial officer now owns 218,729 shares in the company, valued at $1,255,504.46. The disclosure for this sale can be found here. Insiders have sold a total of 29,097 shares of company stock worth $170,174 over the last 90 days. Insiders own 19.00% of the company’s stock.

Shares of Town Sports International Holdings, Inc. (NASDAQ CLUB) opened at $6.00 on Monday. The company has a market cap of $157.42, a price-to-earnings ratio of -9.52 and a beta of 3.03. Town Sports International Holdings, Inc. has a 52-week low of $2.60 and a 52-week high of $7.15. The company has a debt-to-equity ratio of -1.95, a quick ratio of 0.94 and a current ratio of 0.95.

Town Sports International (NASDAQ:CLUB) last announced its quarterly earnings data on Thursday, October 26th. The company reported ($0.34) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.28). analysts anticipate that Town Sports International Holdings, Inc. will post -0.64 earnings per share for the current fiscal year.

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Town Sports International Company Profile

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.

Institutional Ownership by Quarter for Town Sports International (NASDAQ:CLUB)

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