Life Time Group Holdings, Inc. (NYSE:LTH) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its stake in shares of Life Time Group Holdings, Inc. (NYSE:LTH - Free Report) by 61.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,216 shares of the company's stock after selling 16,509 shares during the period. SG Americas Securities LLC's holdings in Life Time Group were worth $226,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of Life Time Group by 1.3% in the 3rd quarter. Principal Financial Group Inc. now owns 3,646,372 shares of the company's stock worth $89,045,000 after purchasing an additional 46,710 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Life Time Group by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 3,569,214 shares of the company's stock valued at $87,160,000 after purchasing an additional 356,255 shares during the period. Loomis Sayles & Co. L P raised its stake in Life Time Group by 33.1% during the 3rd quarter. Loomis Sayles & Co. L P now owns 3,050,253 shares of the company's stock worth $74,487,000 after acquiring an additional 758,757 shares during the period. Geode Capital Management LLC increased its stake in shares of Life Time Group by 11.3% in the third quarter. Geode Capital Management LLC now owns 1,497,842 shares of the company's stock worth $36,585,000 after purchasing an additional 152,504 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Life Time Group by 14.1% in the third quarter. State Street Corp now owns 1,421,790 shares of the company's stock worth $34,720,000 after purchasing an additional 176,154 shares in the last quarter. Hedge funds and other institutional investors own 79.40% of the company's stock.

Analyst Ratings Changes

LTH has been the topic of a number of recent analyst reports. Morgan Stanley raised their price target on Life Time Group from $21.00 to $29.00 and gave the company an "equal weight" rating in a report on Wednesday, October 16th. Craig Hallum raised their price target on Life Time Group from $33.00 to $40.00 and gave the company a "buy" rating in a report on Wednesday, January 22nd. Wells Fargo & Company upped their price objective on Life Time Group from $26.00 to $28.00 and gave the stock an "equal weight" rating in a report on Friday, January 17th. Oppenheimer raised their target price on shares of Life Time Group from $33.00 to $43.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. Finally, Evercore ISI assumed coverage on shares of Life Time Group in a research note on Friday, November 22nd. They set an "outperform" rating and a $29.00 price target on the stock. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $31.77.

Life Time Group Trading Up 0.2 %

Shares of NYSE LTH traded up $0.07 during mid-day trading on Tuesday, reaching $31.24. The company had a trading volume of 1,199,591 shares, compared to its average volume of 1,853,648. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 45.27, a price-to-earnings-growth ratio of 0.76 and a beta of 1.94. Life Time Group Holdings, Inc. has a 52 week low of $11.89 and a 52 week high of $31.90. The business's 50-day moving average is $25.32 and its 200-day moving average is $24.42. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 0.64.

Insider Buying and Selling

In related news, CFO Erik Weaver sold 1,741 shares of the firm's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $29.62, for a total transaction of $51,568.42. Following the sale, the chief financial officer now owns 96,361 shares of the company's stock, valued at $2,854,212.82. This trade represents a 1.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Parham Javaheri sold 168,000 shares of the firm's stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $24.57, for a total transaction of $4,127,760.00. Following the completion of the sale, the executive vice president now owns 243,938 shares in the company, valued at $5,993,556.66. This represents a 40.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 250,147 shares of company stock valued at $6,369,316 over the last quarter. 12.50% of the stock is owned by corporate insiders.

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.