Life Time Group Holdings, Inc. (NYSE:LTH) Shares Acquired by Gotham Asset Management LLC

Gotham Asset Management LLC raised its stake in shares of Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 183.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 139,196 shares of the company's stock after purchasing an additional 90,169 shares during the quarter. Gotham Asset Management LLC owned about 0.07% of Life Time Group worth $3,079,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of LTH. Dimensional Fund Advisors LP increased its stake in shares of Life Time Group by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,190,447 shares of the company's stock worth $114,809,000 after acquiring an additional 147,295 shares during the period. Loomis Sayles & Co. L P grew its position in Life Time Group by 12.3% during the 4th quarter. Loomis Sayles & Co. L P now owns 3,425,925 shares of the company's stock worth $75,781,000 after purchasing an additional 375,672 shares during the period. Driehaus Capital Management LLC raised its stake in shares of Life Time Group by 5.2% during the 4th quarter. Driehaus Capital Management LLC now owns 2,955,669 shares of the company's stock valued at $65,379,000 after buying an additional 145,002 shares during the last quarter. Hood River Capital Management LLC boosted its stake in shares of Life Time Group by 2.4% in the fourth quarter. Hood River Capital Management LLC now owns 2,787,210 shares of the company's stock worth $61,653,000 after buying an additional 64,613 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Life Time Group by 45.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,038,064 shares of the company's stock worth $45,082,000 after acquiring an additional 640,385 shares during the period. Institutional investors and hedge funds own 79.40% of the company's stock.

Wall Street Analysts Forecast Growth

LTH has been the subject of a number of analyst reports. Oppenheimer boosted their price target on Life Time Group from $33.00 to $43.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. Wells Fargo & Company set a $28.00 price objective on shares of Life Time Group and gave the company a "hold" rating in a report on Thursday, February 27th. Morgan Stanley upped 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 report on Friday, May 9th. Northland Securities set a $39.00 price target on shares of Life Time Group and gave the company a "buy" rating in a research note on Thursday, February 27th. Finally, The Goldman Sachs Group boosted their price objective on Life Time Group from $22.00 to $32.00 and gave the stock a "neutral" rating in a research note on Monday, March 3rd. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Life Time Group presently has a consensus rating of "Moderate Buy" and an average target price of $35.92.

Insider Transactions at Life Time Group

In other Life Time Group news, CEO Bahram Akradi sold 5,000,000 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $30.13, for a total transaction of $150,650,000.00. Following the transaction, the chief executive officer now directly owns 2,993,849 shares in the company, valued at $90,204,670.37. This represents a 62.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 8.70% of the company's stock.

Life Time Group Trading Down 0.3%

Shares of LTH stock traded down $0.09 on Monday, hitting $29.41. 1,441,472 shares of the stock traded hands, compared to its average volume of 1,678,107. The firm's 50-day moving average price is $30.47 and its two-hundred day moving average price is $27.80. Life Time Group Holdings, Inc. has a twelve month low of $15.19 and a twelve month high of $34.99. 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 $6.45 billion, a PE ratio of 42.62, a PEG ratio of 0.81 and a beta of 1.86.

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 analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $684.06 million. During the same period in the prior year, the firm posted $0.15 earnings per share. The firm's quarterly revenue was up 18.3% on a year-over-year basis. As a group, analysts anticipate that Life Time Group Holdings, Inc. will post 0.74 EPS for the current year.

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.