Vanguard Group Inc. bought a new stake in Healthways, Inc. (NASDAQ:TVTY) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,657,878 shares of the company’s stock, valued at approximately $135,544,000. Vanguard Group Inc. owned 11.89% of Healthways at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Marshall Wace North America L.P. purchased a new stake in Healthways during the first quarter valued at about $372,000. MARSHALL WACE ASIA Ltd bought a new position in Healthways during the first quarter valued at approximately $372,000. Legal & General Group Plc bought a new position in Healthways during the first quarter valued at approximately $1,664,000. Laurion Capital Management LP bought a new position in Healthways during the first quarter valued at approximately $5,080,000. Finally, Royce & Associates LP bought a new position in Healthways during the first quarter valued at approximately $13,019,000.

Shares of Healthways, Inc. (TVTY) traded up 4.04% on Friday, hitting $37.30. 652,501 shares of the stock traded hands. The stock has a 50 day moving average of $38.90 and a 200-day moving average of $32.98. The stock has a market cap of $1.47 billion, a PE ratio of 16.80 and a beta of 0.37. Healthways, Inc. has a 1-year low of $19.25 and a 1-year high of $41.55.

Healthways (NASDAQ:TVTY) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.03. The business had revenue of $138.90 million for the quarter, compared to analysts’ expectations of $138.15 million. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities research analysts expect that Healthways, Inc. will post $1.52 EPS for the current year.

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TVTY has been the subject of a number of recent research reports. Zacks Investment Research cut shares of Healthways from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Barrington Research increased their price objective on shares of Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. BidaskClub upgraded shares of Healthways from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Cantor Fitzgerald increased their target price on shares of Healthways from $34.00 to $42.00 and gave the stock an “overweight” rating in a research report on Friday, June 9th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $36.00 target price on shares of Healthways in a research report on Friday, June 16th. One analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $38.25.

In other news, Director Conan Laughlin sold 1,750,000 shares of Healthways stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $37.90, for a total value of $66,325,000.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Glenn Hargreaves sold 21,105 shares of Healthways stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $38.00, for a total value of $801,990.00. Following the completion of the sale, the insider now owns 59,077 shares in the company, valued at $2,244,926. The disclosure for this sale can be found here. Insiders sold a total of 1,772,445 shares of company stock worth $67,176,999 over the last ninety days. Insiders own 8.42% of the company’s stock.

About Healthways

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

Institutional Ownership by Quarter for Healthways (NASDAQ:TVTY)

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