BidaskClub downgraded shares of Tivity Health (NASDAQ:TVTY) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

Several other analysts have also issued reports on the company. Zacks Investment Research lowered Tivity Health from a buy rating to a hold rating in a research note on Thursday, December 28th. Cantor Fitzgerald restated an overweight rating and issued a $53.00 target price on shares of Tivity Health in a research note on Friday, February 23rd. Barrington Research boosted their target price on Tivity Health from $40.00 to $47.00 and gave the company an outperform rating in a research note on Friday, February 23rd. Finally, Chardan Capital restated a neutral rating and issued a $41.00 target price (down from $44.00) on shares of Tivity Health in a research note on Friday, February 23rd. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $46.88.

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Shares of TVTY opened at $39.70 on Friday. The firm has a market capitalization of $1,561.55, a price-to-earnings ratio of 23.63, a PEG ratio of 1.65 and a beta of 0.31. Tivity Health has a 1 year low of $28.00 and a 1 year high of $48.50.

Tivity Health (NASDAQ:TVTY) last issued its earnings results on Thursday, February 22nd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.09. The firm had revenue of $139.40 million for the quarter, compared to analyst estimates of $138.22 million. Tivity Health had a return on equity of 29.17% and a net margin of 11.44%. The business’s revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.35 earnings per share. equities research analysts predict that Tivity Health will post 2.16 EPS for the current year.

In related news, CEO Donato Tramuto sold 20,000 shares of the business’s stock in a transaction on Monday, April 2nd. The stock was sold at an average price of $39.30, for a total transaction of $786,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 8.42% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB bought a new stake in shares of Tivity Health during the 4th quarter valued at $402,000. Segall Bryant & Hamill LLC raised its stake in shares of Tivity Health by 15.8% during the 4th quarter. Segall Bryant & Hamill LLC now owns 151,300 shares of the company’s stock valued at $5,530,000 after purchasing an additional 20,661 shares during the period. MetLife Investment Advisors LLC bought a new stake in shares of Tivity Health during the 4th quarter valued at $594,000. Endurant Capital Management LP raised its stake in shares of Tivity Health by 28.7% during the 4th quarter. Endurant Capital Management LP now owns 258,757 shares of the company’s stock valued at $9,458,000 after purchasing an additional 57,757 shares during the period. Finally, Gotham Asset Management LLC raised its stake in shares of Tivity Health by 45.5% during the 4th quarter. Gotham Asset Management LLC now owns 198,260 shares of the company’s stock valued at $7,246,000 after purchasing an additional 62,010 shares during the period.

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About Tivity Health

Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.

Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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