ValuEngine lowered shares of Healthways, Inc. (NASDAQ:TVTY) from a buy rating to a hold rating in a research note issued to investors on Monday morning.

A number of other research analysts have also recently commented on TVTY. Chardan Capital started coverage on Healthways in a research note on Tuesday, August 29th. They issued a neutral rating and a $40.00 price target for the company. Zacks Investment Research upgraded Healthways from a sell rating to a hold rating in a research report on Wednesday, September 6th. Jefferies Group LLC restated a buy rating and set a $36.00 price objective on shares of Healthways in a research report on Friday, June 16th. Cantor Fitzgerald upped their target price on Healthways from $34.00 to $42.00 and gave the stock an overweight rating in a report on Friday, June 9th. Finally, Barrington Research upped their target price on Healthways from $35.00 to $44.00 and gave the stock an outperform rating in a report on Friday, July 28th. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of $41.13.

Shares of Healthways (NASDAQ TVTY) opened at 42.15 on Monday. The stock’s 50 day moving average price is $38.43 and its 200-day moving average price is $35.55. The company has a market cap of $1.66 billion, a P/E ratio of 35.12 and a beta of 0.38. Healthways has a 52-week low of $19.25 and a 52-week high of $42.30.

Healthways (NASDAQ:TVTY) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.41 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The business had revenue of $138.90 million during the quarter, compared to the consensus estimate of $138.15 million. The company’s revenue was up 11.1% on a year-over-year basis. Equities analysts expect that Healthways will post $1.53 EPS for the current year.

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In other Healthways news, Director Conan Laughlin sold 1,750,000 shares of Healthways stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $37.90, for a total transaction of $66,325,000.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Mary Flipse sold 1,340 shares of Healthways stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $37.32, for a total value of $50,008.80. Following the transaction, the insider now directly owns 75,187 shares in the company, valued at $2,805,978.84. The disclosure for this sale can be found here. Insiders sold 1,824,858 shares of company stock valued at $69,172,017 over the last 90 days. 8.42% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of the company. Flinton Capital Management LLC increased its stake in shares of Healthways by 63.5% in the second quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock valued at $139,000 after buying an additional 1,360 shares during the period. Riverhead Capital Management LLC lifted its stake in shares of Healthways by 69.7% in the second quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after acquiring an additional 1,464 shares during the period. Riggs Asset Managment Co. Inc. lifted its stake in shares of Healthways by 3.6% in the second quarter. Riggs Asset Managment Co. Inc. now owns 53,856 shares of the company’s stock worth $2,146,000 after acquiring an additional 1,867 shares during the period. ClariVest Asset Management LLC acquired a new position in shares of Healthways in the first quarter worth approximately $141,000. Finally, US Bancorp DE acquired a new position in shares of Healthways in the first quarter worth approximately $145,000.

Healthways Company Profile

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.

Analyst Recommendations for Healthways (NASDAQ:TVTY)

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