Rhumbline Advisers Purchases 5,830 Shares of Town Sports International Holdings, Inc. (CLUB)

Rhumbline Advisers grew its position in Town Sports International Holdings, Inc. (NASDAQ:CLUB) by 38.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,799 shares of the company’s stock after purchasing an additional 5,830 shares during the period. Rhumbline Advisers owned about 0.08% of Town Sports International worth $133,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Wells Fargo & Company MN lifted its position in Town Sports International by 51.4% during the 3rd quarter. Wells Fargo & Company MN now owns 24,686 shares of the company’s stock valued at $214,000 after purchasing an additional 8,382 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Town Sports International by 21.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 51,150 shares of the company’s stock valued at $442,000 after acquiring an additional 8,900 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Town Sports International by 31.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 51,445 shares of the company’s stock valued at $454,000 after acquiring an additional 12,306 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of Town Sports International in the 3rd quarter valued at about $329,000. Finally, Rothschild Investment Corp IL increased its stake in shares of Town Sports International by 11.1% in the 4th quarter. Rothschild Investment Corp IL now owns 399,391 shares of the company’s stock valued at $2,556,000 after acquiring an additional 40,000 shares during the last quarter. Institutional investors own 70.85% of the company’s stock.

In other Town Sports International news, insider Pw Partners Atlas Fund Iii, Lp purchased 38,303 shares of the business’s stock in a transaction on Friday, March 15th. The stock was acquired at an average price of $5.36 per share, with a total value of $205,304.08. Following the acquisition, the insider now directly owns 1,840,806 shares of the company’s stock, valued at approximately $9,866,720.16. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Carolyn Spatafora sold 58,168 shares of the firm’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $5.39, for a total value of $313,525.52. Following the sale, the chief financial officer now directly owns 131,666 shares of the company’s stock, valued at approximately $709,679.74. The disclosure for this sale can be found here. In the last three months, insiders sold 99,543 shares of company stock valued at $545,305. 13.30% of the stock is currently owned by insiders.

A number of analysts have recently commented on CLUB shares. Zacks Investment Research raised Town Sports International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 1st. ValuEngine cut Town Sports International from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th.

NASDAQ:CLUB traded up $0.07 during trading hours on Friday, reaching $4.20. 150,893 shares of the stock were exchanged, compared to its average volume of 94,790. Town Sports International Holdings, Inc. has a twelve month low of $3.95 and a twelve month high of $14.85.

Town Sports International (NASDAQ:CLUB) last released its quarterly earnings data on Thursday, February 28th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $113.48 million during the quarter, compared to the consensus estimate of $112.48 million. Town Sports International had a negative return on equity of 0.10% and a net margin of 0.02%. On average, sell-side analysts forecast that Town Sports International Holdings, Inc. will post 0.23 earnings per share for the current fiscal year.

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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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Institutional Ownership by Quarter for Town Sports International (NASDAQ:CLUB)

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