Life Time Group Holdings, Inc. (NYSE:LTH) Receives $31.77 Average Price Target from Analysts

Shares of Life Time Group Holdings, Inc. (NYSE:LTH) have been given a consensus rating of “Moderate Buy” by the eleven research firms that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $31.86.

LTH has been the topic of several research analyst reports. Northland Securities increased their target price on Life Time Group from $29.00 to $31.50 and gave the stock an “outperform” rating in a report on Friday, January 17th. Guggenheim restated a “buy” rating and set a $32.00 target price (up previously from $29.00) on shares of Life Time Group in a report on Friday, January 17th. Craig Hallum increased their target price on Life Time Group from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. Evercore ISI initiated coverage on Life Time Group in a report on Friday, November 22nd. They set an “outperform” rating and a $29.00 target price on the stock. Finally, Wells Fargo & Company increased their target price on Life Time Group from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, January 17th.

Insider Activity at Life Time Group

In other news, EVP Ritadhwaja Jebens Singh sold 25,000 shares of the business’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $25.00, for a total transaction of $625,000.00. Following the completion of the transaction, the executive vice president now directly owns 191,626 shares in the company, valued at approximately $4,790,650. The trade was a 11.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Erik Weaver sold 1,741 shares of Life Time Group stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $29.62, for a total value of $51,568.42. Following the transaction, the chief financial officer now owns 96,361 shares in the company, valued at $2,854,212.82. This trade represents a 1.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,147 shares of company stock worth $2,241,556 over the last 90 days. Insiders own 12.50% of the company’s stock.

Institutional Investors Weigh In On Life Time Group

Institutional investors have recently bought and sold shares of the company. PharVision Advisers LLC acquired a new position in shares of Life Time Group during the 4th quarter worth approximately $209,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Life Time Group by 34.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 134,939 shares of the company’s stock valued at $2,985,000 after buying an additional 34,727 shares in the last quarter. Squarepoint Ops LLC lifted its position in shares of Life Time Group by 413.3% during the 4th quarter. Squarepoint Ops LLC now owns 210,391 shares of the company’s stock valued at $4,654,000 after acquiring an additional 169,402 shares during the period. Two Sigma Advisers LP bought a new stake in shares of Life Time Group during the 4th quarter valued at $1,478,000. Finally, Two Sigma Investments LP lifted its position in shares of Life Time Group by 107.7% during the 4th quarter. Two Sigma Investments LP now owns 103,826 shares of the company’s stock valued at $2,297,000 after acquiring an additional 53,830 shares during the period. Institutional investors own 79.40% of the company’s stock.

Life Time Group Price Performance

Shares of LTH stock opened at $30.90 on Friday. The stock’s fifty day moving average is $27.16 and its 200-day moving average is $25.18. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.46 and a current ratio of 0.59. The stock has a market capitalization of $6.39 billion, a PE ratio of 44.78, a PEG ratio of 0.81 and a beta of 1.94. Life Time Group has a 52 week low of $11.89 and a 52 week high of $33.64.

About Life Time Group

Life Time Group Holdings, Inc provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.