Deutsche Bank AG Buys 37,529 Shares of Life Time Group Holdings, Inc. (NYSE:LTH)

Deutsche Bank AG lifted its position in shares of Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 15.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 279,735 shares of the company's stock after acquiring an additional 37,529 shares during the period. Deutsche Bank AG owned approximately 0.14% of Life Time Group worth $6,188,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kapitalo Investimentos Ltda bought a new stake in shares of Life Time Group during the fourth quarter valued at approximately $33,000. R Squared Ltd bought a new stake in Life Time Group in the 4th quarter worth approximately $42,000. Sterling Capital Management LLC grew its position in Life Time Group by 892.6% in the 4th quarter. Sterling Capital Management LLC now owns 2,025 shares of the company's stock worth $45,000 after purchasing an additional 1,821 shares during the period. Quarry LP grew its position in Life Time Group by 240.4% in the 4th quarter. Quarry LP now owns 2,335 shares of the company's stock worth $52,000 after purchasing an additional 1,649 shares during the period. Finally, Dnca Finance grew its position in Life Time Group by 11.9% in the 4th quarter. Dnca Finance now owns 3,830 shares of the company's stock worth $85,000 after purchasing an additional 407 shares during the period. Institutional investors own 79.40% of the company's stock.

Life Time Group Price Performance

Shares of LTH traded down $0.14 during trading hours on Tuesday, reaching $29.27. 1,385,609 shares of the stock traded hands, compared to its average volume of 1,681,262. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.64. Life Time Group Holdings, Inc. has a 52-week low of $15.19 and a 52-week high of $34.99. The company's 50-day moving average price is $30.49 and its two-hundred day moving average price is $27.84. The company has a market cap of $6.42 billion, a P/E ratio of 42.42, a price-to-earnings-growth ratio of 0.81 and a beta of 1.86.

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

Analysts Set New Price Targets

LTH has been the topic of several analyst reports. Mizuho lifted their price target on shares of Life Time Group from $38.00 to $41.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Bank of America set a $40.00 price target on shares of Life Time Group and gave the stock a "buy" rating in a research note on Monday, March 3rd. Morgan Stanley lifted their price target on shares of Life Time Group from $33.00 to $34.00 and gave the stock an "equal weight" rating in a research note on Friday, May 9th. Deutsche Bank Aktiengesellschaft set a $36.00 price target on shares of Life Time Group and gave the stock a "buy" rating in a research note on Monday, March 3rd. Finally, Craig Hallum lifted their price target on shares of Life Time Group from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $35.92.

Insider Transactions at Life Time Group

In other news, CEO Bahram Akradi sold 5,000,000 shares of Life Time Group stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $30.13, for a total value of $150,650,000.00. Following the sale, the chief executive officer now directly owns 2,993,849 shares of the company's stock, valued at approximately $90,204,670.37. The trade was a 62.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 8.70% of the company's stock.

Life Time Group 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.