UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Holdings in Life Time Group Holdings, Inc. (NYSE:LTH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 34.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 134,939 shares of the company's stock after acquiring an additional 34,727 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.07% of Life Time Group worth $2,985,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Squarepoint Ops LLC raised its position in Life Time Group by 413.3% during the 4th quarter. Squarepoint Ops LLC now owns 210,391 shares of the company's stock worth $4,654,000 after purchasing an additional 169,402 shares during the last quarter. Two Sigma Advisers LP acquired a new stake in shares of Life Time Group in the fourth quarter valued at about $1,478,000. Two Sigma Investments LP raised its position in shares of Life Time Group by 107.7% during the fourth quarter. Two Sigma Investments LP now owns 103,826 shares of the company's stock worth $2,297,000 after acquiring an additional 53,830 shares during the last quarter. Tidal Investments LLC bought a new position in shares of Life Time Group during the fourth quarter worth about $331,000. Finally, State of Wyoming lifted its stake in shares of Life Time Group by 151.8% in the fourth quarter. State of Wyoming now owns 18,076 shares of the company's stock worth $400,000 after acquiring an additional 10,896 shares during the period. Institutional investors own 79.40% of the company's stock.

Wall Street Analyst Weigh In

LTH has been the subject of several analyst reports. Wells Fargo & Company set a $28.00 price target on shares of Life Time Group and gave the stock a "hold" rating in a report on Thursday, February 27th. Northland Securities set a $39.00 price objective on shares of Life Time Group and gave the stock a "buy" rating in a research report on Thursday, February 27th. Guggenheim boosted their target price on shares of Life Time Group from $32.00 to $36.00 and gave the company a "buy" rating in a report on Friday, February 28th. BMO Capital Markets set a $28.00 price target on shares of Life Time Group and gave the company a "hold" rating in a research report on Friday, March 14th. Finally, Craig Hallum raised Life Time Group to a "buy" rating and set a $45.00 price objective for the company in a research report on Friday, May 23rd. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Life Time Group presently has an average rating of "Moderate Buy" and an average target price of $35.92.

Life Time Group Stock Down 3.4%

Life Time Group stock traded down $0.98 during midday trading on Monday, reaching $28.03. The stock had a trading volume of 7,169,713 shares, compared to its average volume of 1,787,316. The company has a fifty day moving average price of $30.02 and a two-hundred day moving average price of $28.32. Life Time Group Holdings, Inc. has a 12 month low of $17.27 and a 12 month high of $34.99. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $6.15 billion, a P/E ratio of 40.62, a PEG ratio of 0.81 and a beta of 1.75.

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

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.