Braun Stacey Associates Inc. Increases Position in Life Time Group Holdings, Inc. (NYSE:LTH)

Braun Stacey Associates Inc. increased its holdings in shares of Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 867,132 shares of the company's stock after acquiring an additional 17,340 shares during the period. Braun Stacey Associates Inc. owned approximately 0.42% of Life Time Group worth $19,181,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of LTH. Blue Trust Inc. boosted its stake in Life Time Group by 345.5% during the third quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $72,000 after acquiring an additional 2,280 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Life Time Group by 105.8% during the third quarter. Farther Finance Advisors LLC now owns 1,762 shares of the company's stock worth $43,000 after acquiring an additional 906 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Life Time Group by 1.3% during the third quarter. Principal Financial Group Inc. now owns 3,646,372 shares of the company's stock worth $89,045,000 after acquiring an additional 46,710 shares in the last quarter. Assetmark Inc. boosted its stake in Life Time Group by 8.5% during the third quarter. Assetmark Inc. now owns 12,022 shares of the company's stock worth $294,000 after acquiring an additional 941 shares in the last quarter. Finally, Peregrine Asset Advisers Inc. boosted its stake in Life Time Group by 55.2% during the third quarter. Peregrine Asset Advisers Inc. now owns 258,251 shares of the company's stock worth $6,306,000 after acquiring an additional 91,799 shares in the last quarter. Institutional investors own 79.40% of the company's stock.

Insider Activity at Life Time Group

In other Life Time Group news, EVP Ritadhwaja Jebens Singh sold 48,596 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $28.00, for a total transaction of $1,360,688.00. Following the completion of the sale, the executive vice president now directly owns 143,030 shares of the company's stock, valued at approximately $4,004,840. This represents a 25.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Erik Weaver sold 1,741 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $29.62, for a total transaction of $51,568.42. Following the sale, the chief financial officer now directly owns 96,361 shares of the company's stock, valued at approximately $2,854,212.82. This represents a 1.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 82,147 shares of company stock worth $2,241,556 over the last quarter. Company insiders own 12.50% of the company's stock.

Wall Street Analyst Weigh In

LTH has been the topic of several research reports. Mizuho boosted their price objective on shares of Life Time Group from $32.00 to $38.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Craig Hallum upped their target price on shares of Life Time Group from $33.00 to $40.00 and gave the stock a "buy" rating in a research note on Wednesday, January 22nd. Wells Fargo & Company upped their target price on shares of Life Time Group from $26.00 to $28.00 and gave the stock an "equal weight" rating in a research note on Friday, January 17th. Evercore ISI started coverage on shares of Life Time Group in a research note on Friday, November 22nd. They issued an "outperform" rating and a $29.00 target price on the stock. Finally, Guggenheim reiterated a "buy" rating and issued a $32.00 target price (up previously from $29.00) on shares of Life Time Group in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Life Time Group presently has an average rating of "Moderate Buy" and an average price target of $31.77.

Life Time Group Stock Performance

Life Time Group stock traded down $1.00 during midday trading on Friday, reaching $31.60. 1,585,612 shares of the company traded hands, compared to its average volume of 1,841,984. The firm has a market capitalization of $6.54 billion, a price-to-earnings ratio of 45.79, a price-to-earnings-growth ratio of 0.82 and a beta of 1.94. The business has a 50 day moving average of $26.67 and a two-hundred day moving average of $25.00. Life Time Group Holdings, Inc. has a 12 month low of $11.89 and a 12 month high of $33.64. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.59 and a quick ratio of 0.46.

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.