Life Time Group Holdings, Inc. (NYSE:LTH) Shares Bought by Two Sigma Investments LP

Two Sigma Investments LP boosted its stake in Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 107.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 103,826 shares of the company's stock after purchasing an additional 53,830 shares during the quarter. Two Sigma Investments LP owned approximately 0.05% of Life Time Group worth $2,297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in LTH. Dnca Finance grew its holdings in shares of Life Time Group by 11.9% during the fourth quarter. Dnca Finance now owns 3,830 shares of the company's stock worth $85,000 after purchasing an additional 407 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in Life Time Group by 12.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 6,478 shares of the company's stock valued at $143,000 after purchasing an additional 712 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Life Time Group by 0.4% in the 4th quarter. Bank of New York Mellon Corp now owns 219,915 shares of the company's stock worth $4,865,000 after buying an additional 788 shares in the last quarter. Rhumbline Advisers raised its position in shares of Life Time Group by 1.2% during the 4th quarter. Rhumbline Advisers now owns 91,572 shares of the company's stock valued at $2,026,000 after buying an additional 1,075 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its position in shares of Life Time Group by 6.4% during the 4th quarter. Handelsbanken Fonder AB now owns 18,400 shares of the company's stock valued at $407,000 after buying an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 79.40% of the company's stock.

Wall Street Analysts Forecast Growth

LTH has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $36.00 target price on Life Time Group and gave the stock a "buy" rating in a research report on Monday, March 3rd. Wells Fargo & Company set a $28.00 price objective on shares of Life Time Group and gave the company a "hold" rating in a research note on Thursday, February 27th. BMO Capital Markets set a $28.00 target price on shares of Life Time Group and gave the stock a "hold" rating in a research report on Friday, March 14th. Craig Hallum upgraded shares of Life Time Group to a "buy" rating and set a $45.00 price target for the company in a research report on Friday, May 23rd. Finally, Evercore ISI set a $38.00 price objective on Life Time Group and gave the company a "buy" rating in a research note on Thursday, February 27th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $35.92.

Life Time Group Stock Up 2.4%

LTH stock traded up $0.69 during trading on Wednesday, hitting $29.86. 1,347,705 shares of the company's stock traded hands, compared to its average volume of 1,709,206. The business has a fifty day simple moving average of $30.08 and a two-hundred day simple moving average of $28.21. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $6.55 billion, a P/E ratio of 43.28, a PEG ratio of 0.81 and a beta of 1.75. Life Time Group Holdings, Inc. has a 1 year low of $17.17 and a 1 year high of $34.99.

Life Time Group (NYSE:LTH - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.39 earnings per share (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 analyst estimates of $684.06 million. During the same period in the previous year, the company earned $0.15 earnings per share. The business's revenue for the quarter was up 18.3% on a year-over-year basis. Sell-side analysts anticipate that Life Time Group Holdings, Inc. will post 0.74 EPS for the current year.

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.