Waddell & Reed Financial Inc. Has $12.11 Million Stake in Tivity Health Inc (TVTY)

Waddell & Reed Financial Inc. reduced its holdings in shares of Tivity Health Inc (NASDAQ:TVTY) by 35.0% in the second quarter, Holdings Channel reports. The institutional investor owned 344,015 shares of the company’s stock after selling 185,492 shares during the period. Waddell & Reed Financial Inc.’s holdings in Tivity Health were worth $12,109,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Globeflex Capital L P boosted its holdings in Tivity Health by 12.4% during the second quarter. Globeflex Capital L P now owns 14,500 shares of the company’s stock worth $510,000 after purchasing an additional 1,600 shares during the last quarter. Prudential Financial Inc. boosted its holdings in Tivity Health by 2.9% during the first quarter. Prudential Financial Inc. now owns 58,182 shares of the company’s stock worth $2,307,000 after purchasing an additional 1,630 shares during the last quarter. Rhumbline Advisers boosted its holdings in Tivity Health by 2.0% during the first quarter. Rhumbline Advisers now owns 83,475 shares of the company’s stock worth $3,310,000 after purchasing an additional 1,650 shares during the last quarter. US Bancorp DE boosted its holdings in Tivity Health by 6.2% during the first quarter. US Bancorp DE now owns 29,549 shares of the company’s stock worth $1,172,000 after purchasing an additional 1,726 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Tivity Health by 0.6% during the first quarter. Principal Financial Group Inc. now owns 289,546 shares of the company’s stock worth $11,480,000 after purchasing an additional 1,790 shares during the last quarter.

Several research firms recently weighed in on TVTY. BidaskClub upgraded shares of Tivity Health from a “sell” rating to a “hold” rating in a report on Thursday, June 21st. SunTrust Banks restated a “buy” rating and set a $46.00 price target on shares of Tivity Health in a report on Friday, August 3rd. Zacks Investment Research upgraded shares of Tivity Health from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Chardan Capital upgraded shares of Tivity Health from a “neutral” rating to a “buy” rating and set a $42.00 price target on the stock in a report on Monday, June 4th. Finally, ValuEngine cut shares of Tivity Health from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. Tivity Health currently has an average rating of “Buy” and an average price target of $47.25.

Shares of TVTY stock opened at $33.75 on Friday. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 19.04, a P/E/G ratio of 1.42 and a beta of 0.55. Tivity Health Inc has a 52 week low of $29.95 and a 52 week high of $48.50.

Tivity Health (NASDAQ:TVTY) last announced its quarterly earnings data on Thursday, August 2nd. The company reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. The business had revenue of $151.90 million for the quarter, compared to analyst estimates of $152.98 million. Tivity Health had a net margin of 13.79% and a return on equity of 28.38%. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 earnings per share. equities analysts forecast that Tivity Health Inc will post 2.15 EPS for the current year.

Tivity Health Company Profile

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.

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

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