Jane Street Group LLC Has $4.45 Million Stock Holdings in Life Time Group Holdings, Inc. (NYSE:LTH)

Jane Street Group LLC increased its stake in shares of Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 146.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 182,054 shares of the company's stock after acquiring an additional 108,283 shares during the period. Jane Street Group LLC owned 0.09% of Life Time Group worth $4,446,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in LTH. Dimensional Fund Advisors LP grew its holdings in Life Time Group by 19.8% during the second quarter. Dimensional Fund Advisors LP now owns 4,658,902 shares of the company's stock valued at $87,728,000 after purchasing an additional 770,766 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Life Time Group by 1.3% during the 3rd quarter. Principal Financial Group Inc. now owns 3,646,372 shares of the company's stock worth $89,045,000 after buying an additional 46,710 shares during the period. Loomis Sayles & Co. L P grew its stake in Life Time Group by 33.1% in the 3rd quarter. Loomis Sayles & Co. L P now owns 3,050,253 shares of the company's stock valued at $74,487,000 after buying an additional 758,757 shares during the last quarter. Hood River Capital Management LLC raised its holdings in Life Time Group by 44.0% in the 2nd quarter. Hood River Capital Management LLC now owns 1,811,841 shares of the company's stock worth $34,117,000 after acquiring an additional 553,881 shares during the period. Finally, State Street Corp raised its holdings in Life Time Group by 14.1% in the 3rd quarter. State Street Corp now owns 1,421,790 shares of the company's stock worth $34,720,000 after acquiring an additional 176,154 shares during the period. 79.40% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Life Time Group news, CFO Erik Weaver sold 4,662 shares of Life Time Group stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $25.88, for a total value of $120,652.56. Following the completion of the transaction, the chief financial officer now owns 75,866 shares in the company, valued at approximately $1,963,412.08. The trade was a 5.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Parham Javaheri sold 168,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $24.57, for a total value of $4,127,760.00. Following the sale, the executive vice president now owns 243,938 shares in the company, valued at $5,993,556.66. The trade was a 40.78 % decrease in their position. The disclosure for this sale can be found here. 12.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Bank of America upped their price target on shares of Life Time Group from $29.00 to $30.00 and gave the company a "buy" rating in a report on Friday, September 6th. Morgan Stanley increased their target price on Life Time Group from $21.00 to $29.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 16th. Evercore ISI started coverage on Life Time Group in a research report on Friday, November 22nd. They issued an "outperform" rating and a $29.00 price target on the stock. Northland Securities upped their price target on Life Time Group from $28.50 to $29.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Finally, Wells Fargo & Company raised their price objective on shares of Life Time Group from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Tuesday. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Life Time Group currently has an average rating of "Moderate Buy" and an average price target of $27.89.

Life Time Group Trading Up 1.3 %

LTH stock opened at $23.42 on Wednesday. Life Time Group Holdings, Inc. has a 1-year low of $11.89 and a 1-year high of $27.11. 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 business's 50 day moving average is $24.17 and its 200-day moving average is $22.52. The firm has a market cap of $4.85 billion, a P/E ratio of 33.94, a P/E/G ratio of 1.49 and a beta of 1.88.

Life Time Group (NYSE:LTH - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). The company had revenue of $693.20 million during the quarter, compared to the consensus estimate of $684.13 million. Life Time Group had a net margin of 5.67% and a return on equity of 6.42%. The business's revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the company earned $0.09 earnings per share. Equities analysts anticipate that Life Time Group Holdings, Inc. will post 0.56 earnings per share for the current fiscal 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.