Aigen Investment Management LP Has $731,000 Stock Holdings in Life Time Group Holdings, Inc. (NYSE:LTH)

Aigen Investment Management LP lessened its position in shares of Life Time Group Holdings, Inc. (NYSE:LTH) by 49.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,041 shares of the company’s stock after selling 31,965 shares during the quarter. Aigen Investment Management LP’s holdings in Life Time Group were worth $731,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC increased its holdings in Life Time Group by 105.8% in the third quarter. Farther Finance Advisors LLC now owns 1,762 shares of the company’s stock valued at $43,000 after purchasing an additional 906 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Life Time Group by 1.3% in the third quarter. Principal Financial Group Inc. now owns 3,646,372 shares of the company’s stock valued at $89,045,000 after purchasing an additional 46,710 shares during the last quarter. Assetmark Inc. increased its holdings in Life Time Group by 8.5% in the third quarter. Assetmark Inc. now owns 12,022 shares of the company’s stock valued at $294,000 after purchasing an additional 941 shares during the last quarter. Peregrine Asset Advisers Inc. increased its holdings in Life Time Group by 55.2% in the third quarter. Peregrine Asset Advisers Inc. now owns 258,251 shares of the company’s stock valued at $6,306,000 after purchasing an additional 91,799 shares during the last quarter. Finally, Versor Investments LP bought a new stake in Life Time Group in the third quarter valued at about $912,000. Institutional investors and hedge funds own 79.40% of the company’s stock.

Insider Transactions at Life Time Group

In related news, CFO Erik Weaver sold 1,741 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $29.62, for a total transaction of $51,568.42. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ritadhwaja Jebens Singh sold 48,596 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $28.00, for a total value of $1,360,688.00. Following the transaction, the executive vice president now directly owns 143,030 shares of the company’s stock, valued at $4,004,840. This trade represents a 25.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,082,147 shares of company stock valued at $152,891,556 over the last three months. Company insiders own 12.50% of the company’s stock.

Life Time Group Stock Down 6.4 %

LTH stock opened at $30.12 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.59 and a quick ratio of 0.46. The stock has a market capitalization of $6.31 billion, a P/E ratio of 43.65, a P/E/G ratio of 0.81 and a beta of 1.93. The business has a 50-day moving average of $28.42 and a 200-day moving average of $25.57. Life Time Group Holdings, Inc. has a fifty-two week low of $12.34 and a fifty-two week high of $33.64.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LTH shares. Evercore ISI started coverage on Life Time Group in a report on Friday, November 22nd. They issued an “outperform” rating and a $29.00 price objective for the company. Wells Fargo & Company upped their price objective on Life Time Group from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, January 17th. Northland Securities increased their price target on Life Time Group from $29.00 to $31.50 and gave the stock an “outperform” rating in a report on Friday, January 17th. The Goldman Sachs Group increased their price target on Life Time Group from $22.00 to $32.00 and gave the stock a “neutral” rating in a report on Monday. Finally, Oppenheimer increased their price target on Life Time Group from $33.00 to $43.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.86.

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.