Thompson Investment Management Inc. Acquires New Position in Tivity Health Inc (NASDAQ:TVTY)

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Thompson Investment Management Inc. acquired a new stake in Tivity Health Inc (NASDAQ:TVTY) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 31,875 shares of the company’s stock, valued at approximately $524,000.

Other large investors have also recently made changes to their positions in the company. Shell Asset Management Co. bought a new stake in shares of Tivity Health during the first quarter worth $33,000. Pearl River Capital LLC bought a new stake in shares of Tivity Health in the first quarter worth $36,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Tivity Health in the first quarter worth $49,000. Bremer Bank National Association bought a new stake in shares of Tivity Health in the first quarter worth $85,000. Finally, Quantamental Technologies LLC bought a new stake in shares of Tivity Health in the first quarter worth $87,000.

Several analysts recently weighed in on TVTY shares. Piper Jaffray Companies reduced their price objective on shares of Tivity Health from $33.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Barrington Research reissued an “outperform” rating on shares of Tivity Health in a research note on Thursday, August 8th. BidaskClub raised shares of Tivity Health from a “hold” rating to a “buy” rating in a research note on Saturday. Cantor Fitzgerald boosted their target price on shares of Tivity Health from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Thursday, May 9th. Finally, Oppenheimer boosted their target price on shares of Tivity Health from $31.00 to $36.00 in a report on Thursday, May 9th. Two equities research analysts have rated the stock with a sell rating and nine have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $31.33.

TVTY stock traded down $0.69 during midday trading on Tuesday, hitting $17.40. The stock had a trading volume of 251,394 shares, compared to its average volume of 715,942. The firm has a market cap of $869.61 million, a P/E ratio of 7.44, a price-to-earnings-growth ratio of 0.80 and a beta of 1.05. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.06. Tivity Health Inc has a 1-year low of $14.84 and a 1-year high of $41.46. The business has a fifty day moving average price of $17.07 and a two-hundred day moving average price of $18.73.

Tivity Health (NASDAQ:TVTY) last released its earnings results on Wednesday, August 7th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.02). The firm had revenue of $340.40 million during the quarter, compared to analyst estimates of $340.73 million. Tivity Health had a net margin of 8.88% and a return on equity of 24.83%. Tivity Health’s quarterly revenue was up 124.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.53 EPS. On average, equities analysts anticipate that Tivity Health Inc will post 2.21 EPS for the current year.

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 Prime fitness, a fitness facility access program through commercial health plans and employers.

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

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