Morgan Stanley acquired a new position in shares of Healthways, Inc. (NASDAQ:TVTY) during the first quarter, Holdings Channel reports. The fund acquired 129,667 shares of the company’s stock, valued at approximately $3,773,000.

A number of other large investors have also recently made changes to their positions in TVTY. Vanguard Group Inc. purchased a new stake in shares of Healthways during the first quarter worth about $135,544,000. Wells Fargo & Company MN purchased a new stake in shares of Healthways during the first quarter worth about $98,404,000. Dimensional Fund Advisors LP purchased a new stake in shares of Healthways during the first quarter worth about $70,660,000. JPMorgan Chase & Co. purchased a new stake in shares of Healthways during the first quarter worth about $34,618,000. Finally, Hood River Capital Management LLC purchased a new stake in shares of Healthways during the first quarter worth about $29,974,000.

Shares of Healthways, Inc. (TVTY) traded up 0.069% during midday trading on Wednesday, hitting $36.075. The stock had a trading volume of 46,598 shares. The stock’s 50 day moving average price is $39.14 and its 200 day moving average price is $32.85. Healthways, Inc. has a 12 month low of $19.25 and a 12 month high of $41.55. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 16.250 and a beta of 0.37.

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

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TVTY has been the topic of a number of research reports. Zacks Investment Research upgraded Healthways from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Tuesday, May 2nd. BidaskClub upgraded Healthways from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $41.00 price objective (up from $32.00) on shares of Healthways in a research note on Monday, May 1st. UBS AG boosted their price objective on Healthways from $37.00 to $43.00 and gave the company a “buy” rating in a research note on Friday, June 23rd. Finally, Barrington Research boosted their price objective on Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, one has assigned 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 an average rating of “Buy” and an average price target of $38.25.

In other Healthways 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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 directly owns 59,077 shares in the company, valued at approximately $2,244,926. The disclosure for this sale can be found here. Insiders have sold a total of 1,772,445 shares of company stock worth $67,176,999 in the last three months. 8.42% of the stock is owned by corporate insiders.

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.

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Institutional Ownership by Quarter for Healthways (NASDAQ:TVTY)

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