Town Sports International Holdings, Inc. (NASDAQ:CLUB) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports.

Brokers have set a 1 year consensus target price of $11.00 for the company and are predicting that the company will post $0.05 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Town Sports International an industry rank of 99 out of 255 based on the ratings given to its competitors.

Several equities analysts have recently commented on CLUB shares. ValuEngine lowered Town Sports International from a “buy” rating to a “hold” rating in a research report on Friday, November 16th. Zacks Investment Research upgraded Town Sports International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 1st.

Shares of Town Sports International stock traded up $0.19 during trading on Friday, hitting $5.50. 193,435 shares of the stock traded hands, compared to its average volume of 74,644. Town Sports International has a 52 week low of $5.25 and a 52 week high of $14.85.

In other news, CFO Carolyn Spatafora sold 38,333 shares of the stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $5.62, for a total transaction of $215,431.46. Following the transaction, the chief financial officer now directly owns 93,333 shares in the company, valued at approximately $524,531.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 99,543 shares of company stock worth $545,305 over the last quarter. Corporate insiders own 16.00% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Menta Capital LLC boosted its holdings in Town Sports International by 10.3% during the 4th quarter. Menta Capital LLC now owns 22,439 shares of the company’s stock valued at $144,000 after acquiring an additional 2,100 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Town Sports International by 8.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 55,400 shares of the company’s stock valued at $355,000 after acquiring an additional 4,250 shares during the period. Rhumbline Advisers boosted its holdings in Town Sports International by 38.9% during the 4th quarter. Rhumbline Advisers now owns 20,799 shares of the company’s stock valued at $133,000 after acquiring an additional 5,830 shares during the period. Geode Capital Management LLC boosted its holdings in Town Sports International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 235,080 shares of the company’s stock valued at $1,504,000 after acquiring an additional 6,963 shares during the period. Finally, First Trust Advisors LP boosted its holdings in Town Sports International by 18.6% during the 4th quarter. First Trust Advisors LP now owns 45,077 shares of the company’s stock valued at $288,000 after acquiring an additional 7,082 shares during the period. Institutional investors own 72.86% of the company’s stock.

Town Sports International Company Profile

Town Sports International Holdings, Inc, together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The company's clubs offer special purpose rooms for group fitness classes; and other exercise programs, as well as accommodate cardiovascular and strength-training equipment.

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