Inspire Investing LLC Makes New $239,000 Investment in Tivity Health, Inc. (NASDAQ:TVTY)

Inspire Investing LLC bought a new position in Tivity Health, Inc. (NASDAQ:TVTY) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,362 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacifica Partners Inc. bought a new position in Tivity Health in the 3rd quarter worth about $40,000. Advisor Group Holdings Inc. grew its position in Tivity Health by 1,663.6% in the 2nd quarter. Advisor Group Holdings Inc. now owns 3,880 shares of the company’s stock worth $102,000 after purchasing an additional 3,660 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new position in shares of Tivity Health in the second quarter valued at approximately $223,000. Eqis Capital Management Inc. bought a new position in shares of Tivity Health in the second quarter valued at approximately $228,000. Finally, Modera Wealth Management LLC bought a new position in shares of Tivity Health in the third quarter valued at approximately $227,000. Hedge funds and other institutional investors own 91.00% of the company’s stock.

TVTY stock opened at $25.09 on Friday. Tivity Health, Inc. has a 12 month low of $20.00 and a 12 month high of $29.18. The firm has a market cap of $1.25 billion, a PE ratio of 10.63, a P/E/G ratio of 1.39 and a beta of 2.40. The firm has a 50 day simple moving average of $25.74 and a 200 day simple moving average of $24.79. The company has a debt-to-equity ratio of 2.71, a current ratio of 2.47 and a quick ratio of 2.47.

Tivity Health (NASDAQ:TVTY) last released its earnings results on Tuesday, November 2nd. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. Tivity Health had a net margin of 26.07% and a return on equity of 163.79%. The business had revenue of $126.29 million during the quarter, compared to analyst estimates of $122.39 million. During the same period in the prior year, the business earned $0.72 earnings per share. As a group, sell-side analysts expect that Tivity Health, Inc. will post 1.66 earnings per share for the current year.

Several research firms have recently issued reports on TVTY. Truist Securities increased their price objective on shares of Tivity Health from $28.00 to $30.00 in a report on Wednesday, January 5th. Barrington Research increased their price objective on shares of Tivity Health from $31.00 to $33.00 and gave the company an “outperform” rating in a report on Wednesday, November 3rd. Zacks Investment Research upgraded shares of Tivity Health from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Friday, January 7th. Truist increased their price objective on shares of Tivity Health from $28.00 to $30.00 in a report on Wednesday, January 5th. Finally, Credit Suisse Group upgraded shares of Tivity Health from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $25.00 to $29.00 in a report on Friday, January 7th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Tivity Health presently has an average rating of “Hold” and a consensus price target of $30.00.

Tivity Health Company Profile

Tivity Health, Inc provides fitness, nutrition, and social connection solutions. It operates through two segments: Healthcare and Nutrition. The Healthcare segment consists of SilverSneakers senior fitness, Prime Fitness and WholeHealth Living. The Nutrition segment provides weight management products and services and consists of Nutrisystem and South Beach Diet.

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Institutional Ownership by Quarter for Tivity Health (NASDAQ:TVTY)

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