Principal Financial Group Inc. Has $11.48 Million Holdings in Tivity Health Inc (TVTY)

Principal Financial Group Inc. boosted its holdings in Tivity Health Inc (NASDAQ:TVTY) by 0.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 289,546 shares of the company’s stock after purchasing an additional 1,790 shares during the quarter. Principal Financial Group Inc.’s holdings in Tivity Health were worth $11,480,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. boosted its holdings in shares of Tivity Health by 0.9% during the 1st quarter. BlackRock Inc. now owns 4,665,855 shares of the company’s stock valued at $185,002,000 after purchasing an additional 40,868 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Tivity Health by 8.6% during the 4th quarter. Millennium Management LLC now owns 1,699,601 shares of the company’s stock valued at $62,120,000 after purchasing an additional 134,798 shares during the last quarter. Eagle Asset Management Inc. boosted its holdings in shares of Tivity Health by 26.9% during the 1st quarter. Eagle Asset Management Inc. now owns 1,524,898 shares of the company’s stock valued at $60,462,000 after purchasing an additional 323,411 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Tivity Health by 2.8% during the 1st quarter. American Century Companies Inc. now owns 1,272,956 shares of the company’s stock valued at $50,473,000 after purchasing an additional 34,620 shares during the last quarter. Finally, Hood River Capital Management LLC boosted its holdings in shares of Tivity Health by 11.0% during the 1st quarter. Hood River Capital Management LLC now owns 1,236,815 shares of the company’s stock valued at $49,040,000 after purchasing an additional 122,339 shares during the last quarter.

Shares of Tivity Health opened at $35.20 on Friday, according to Marketbeat. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 20.95, a PEG ratio of 1.51 and a beta of 0.31. Tivity Health Inc has a 1 year low of $29.95 and a 1 year high of $48.50.

Tivity Health (NASDAQ:TVTY) last announced its quarterly earnings data on Monday, April 23rd. The company reported $0.49 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.49. The business had revenue of $149.90 million during the quarter, compared to the consensus estimate of $154.32 million. Tivity Health had a net margin of 12.33% and a return on equity of 28.62%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.42 earnings per share. equities analysts forecast that Tivity Health Inc will post 2.16 EPS for the current year.

A number of research analysts recently commented on TVTY shares. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $49.00 price target on shares of Tivity Health in a report on Tuesday, April 24th. Zacks Investment Research downgraded shares of Tivity Health from a “buy” rating to a “hold” rating in a report on Thursday, April 26th. ValuEngine downgraded shares of Tivity Health from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. BidaskClub downgraded shares of Tivity Health from a “buy” rating to a “hold” rating in a report on Friday, April 13th. Finally, Chardan Capital raised shares of Tivity Health from a “neutral” rating to a “buy” rating and set a $42.00 price target for the company in a report on Monday, June 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $47.75.

In other Tivity Health news, CEO Donato Tramuto sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $35.37, for a total value of $707,400.00. Following the completion of the sale, the chief executive officer now owns 149,596 shares of the company’s stock, valued at $5,291,210.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 8.42% of the stock is owned by company insiders.

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.

Want to see what other hedge funds are holding TVTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tivity Health Inc (NASDAQ:TVTY).

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

Receive News & Ratings for Tivity Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tivity Health and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply