Asset Dedication LLC purchased a new position in Tivity Health Inc (NASDAQ:TVTY) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,592 shares of the company’s stock, valued at approximately $46,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisor Group Inc. grew its holdings in shares of Tivity Health by 364.2% in the 4th quarter. Advisor Group Inc. now owns 1,142 shares of the company’s stock worth $29,000 after acquiring an additional 896 shares during the period. Enlightenment Research LLC purchased a new stake in Tivity Health in the 4th quarter valued at approximately $37,000. First Quadrant L P CA purchased a new stake in Tivity Health in the 4th quarter valued at approximately $65,000. Fort L.P. purchased a new stake in Tivity Health in the 4th quarter valued at approximately $126,000. Finally, Acadian Asset Management LLC purchased a new stake in Tivity Health in the 4th quarter valued at approximately $154,000.

In other Tivity Health news, Director Bradley S. Karro purchased 2,900 shares of Tivity Health stock in a transaction on Friday, March 22nd. The shares were bought at an average price of $16.54 per share, with a total value of $47,966.00. Following the purchase, the director now directly owns 24,696 shares in the company, valued at approximately $408,471.84. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sara Finley purchased 2,000 shares of Tivity Health stock in a transaction on Wednesday, March 20th. The shares were acquired at an average cost of $17.25 per share, for a total transaction of $34,500.00. The disclosure for this purchase can be found here. Corporate insiders own 0.73% of the company’s stock.

A number of equities research analysts recently issued reports on the company. BidaskClub lowered Tivity Health from a “sell” rating to a “strong sell” rating in a research note on Monday, March 11th. Jefferies Financial Group reduced their target price on Tivity Health to $29.00 and set a “buy” rating on the stock in a research note on Wednesday, February 20th. Zacks Investment Research raised Tivity Health from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research note on Wednesday, December 26th. Chardan Capital reaffirmed a “buy” rating and issued a $31.00 target price (down previously from $41.00) on shares of Tivity Health in a research note on Friday, February 1st. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of Tivity Health in a research note on Wednesday, February 20th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. Tivity Health currently has a consensus rating of “Buy” and a consensus price target of $32.00.

TVTY stock opened at $20.05 on Friday. Tivity Health Inc has a 1 year low of $16.25 and a 1 year high of $41.46. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $955.38 million, a P/E ratio of 8.57, a P/E/G ratio of 0.86 and a beta of 1.01.

Tivity Health (NASDAQ:TVTY) last posted its earnings results on Tuesday, February 19th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.16. Tivity Health had a return on equity of 30.19% and a net margin of 16.30%. The firm had revenue of $153.04 million for the quarter, compared to analyst estimates of $153.66 million. Analysts expect that Tivity Health Inc will post 2.33 earnings per share for the current year.

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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 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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