Universal Beteiligungs und Servicegesellschaft mbH Takes $5.62 Million Position in Life Time Group Holdings, Inc. (NYSE:LTH)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 254,042 shares of the company's stock, valued at approximately $5,619,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.12% of Life Time Group as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Marshall Wace LLP boosted its position in Life Time Group by 7,344.2% during the 4th quarter. Marshall Wace LLP now owns 1,361,032 shares of the company's stock valued at $30,106,000 after purchasing an additional 1,342,749 shares during the period. Norges Bank acquired a new stake in Life Time Group during the fourth quarter valued at approximately $19,198,000. American Century Companies Inc. raised its position in shares of Life Time Group by 61.9% during the fourth quarter. American Century Companies Inc. now owns 1,924,461 shares of the company's stock worth $42,569,000 after purchasing an additional 735,682 shares during the period. Point72 Asset Management L.P. lifted its stake in Life Time Group by 79.9% during the fourth quarter. Point72 Asset Management L.P. now owns 1,602,100 shares of the company's stock valued at $35,438,000 after buying an additional 711,443 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Life Time Group by 45.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,038,064 shares of the company's stock worth $45,082,000 after buying an additional 640,385 shares during the period. 79.40% of the stock is owned by institutional investors and hedge funds.

Life Time Group Stock Down 0.6%

LTH traded down $0.16 during mid-day trading on Friday, reaching $28.61. 1,518,676 shares of the stock were exchanged, compared to its average volume of 1,699,829. Life Time Group Holdings, Inc. has a 1 year low of $16.55 and a 1 year high of $34.99. The company has a 50 day moving average price of $30.18 and a two-hundred day moving average price of $28.12. 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 $6.28 billion, a PE ratio of 41.46, a price-to-earnings-growth ratio of 0.81 and a beta of 1.86.

Life Time Group (NYSE:LTH - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.12. The business had revenue of $706.04 million during the quarter, compared to the consensus estimate of $684.06 million. Life Time Group had a return on equity of 6.42% and a net margin of 5.67%. The business's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the business posted $0.15 earnings per share. As a group, research analysts anticipate that Life Time Group Holdings, Inc. will post 0.74 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on LTH shares. Evercore ISI set a $38.00 price target on shares of Life Time Group and gave the stock a "buy" rating in a research note on Thursday, February 27th. The Goldman Sachs Group increased their target price on Life Time Group from $22.00 to $32.00 and gave the stock a "neutral" rating in a report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft set a $36.00 price target on shares of Life Time Group and gave the company a "buy" rating in a report on Monday, March 3rd. Bank of America set a $40.00 target price on Life Time Group and gave the stock a "buy" rating in a report on Monday, March 3rd. Finally, Craig Hallum raised Life Time Group to a "buy" rating and set a $45.00 price objective on the stock in a report on Friday, May 23rd. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.92.

Life Time Group Company Profile

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.