Victory Capital Management Inc. Boosts Position in Tivity Health, Inc. (NASDAQ:TVTY)

Victory Capital Management Inc. boosted its holdings in shares of Tivity Health, Inc. (NASDAQ:TVTYGet Rating) by 17.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 537,335 shares of the company’s stock after purchasing an additional 79,889 shares during the quarter. Victory Capital Management Inc.’s holdings in Tivity Health were worth $17,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. National Bank of Canada FI purchased a new position in Tivity Health during the 4th quarter worth approximately $28,000. Mutual of America Capital Management LLC grew its stake in shares of Tivity Health by 5.5% during the 1st quarter. Mutual of America Capital Management LLC now owns 6,381 shares of the company’s stock worth $205,000 after purchasing an additional 332 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Tivity Health by 118.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,411 shares of the company’s stock worth $170,000 after purchasing an additional 3,477 shares during the period. Teacher Retirement System of Texas acquired a new stake in shares of Tivity Health during the 4th quarter worth approximately $201,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of Tivity Health during the 1st quarter worth approximately $256,000. 91.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Tivity Health in a research note on Monday, August 1st. They set a “hold” rating on the stock. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $32.00.

Tivity Health Price Performance

Tivity Health stock opened at $32.50 on Friday. The company’s fifty day moving average price is $32.40 and its 200 day moving average price is $30.48. Tivity Health, Inc. has a 1 year low of $21.25 and a 1 year high of $32.89. The stock has a market capitalization of $1.62 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.82 and a beta of 2.14. The company has a debt-to-equity ratio of 2.97, a quick ratio of 2.47 and a current ratio of 2.47.

Tivity Health (NASDAQ:TVTYGet Rating) last released its quarterly earnings results on Thursday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.02). Tivity Health had a net margin of 17.25% and a return on equity of 75.94%. The company had revenue of $127.51 million during the quarter, compared to analyst estimates of $132.21 million. During the same period in the prior year, the business posted $0.40 EPS. Tivity Health’s revenue was up 18.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Tivity Health, Inc. will post 1.78 earnings per share for the current fiscal year.

Tivity Health Profile

(Get Rating)

Tivity Health, Inc provides fitness and health products and solutions in the United States. The company offers SilverSneakers to members of Medicare Advantage, Medicare Supplement, and group retiree plans; Prime Fitness, a fitness facility access program through commercial health plans, employers, and other sponsoring organizations; virtual fitness experiences, including live instructor-led classes; and WholeHealth living program, a continuum of services related to complementary, alternative, and physical medicine.

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

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