Ritadhwaja Jebens Singh Sells 6,810 Shares of Life Time Group Holdings, Inc. (NYSE:LTH) Stock

Life Time Group Holdings, Inc. (NYSE:LTH) EVP Ritadhwaja Jebens Singh sold 6,810 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $30.00, for a total transaction of $204,300.00. Following the completion of the transaction, the executive vice president now directly owns 136,220 shares of the company’s stock, valued at approximately $4,086,600. This trade represents a 4.76 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Ritadhwaja Jebens Singh also recently made the following trade(s):

• On Tuesday, January 21st, Ritadhwaja Jebens Singh sold 48,596 shares of Life Time Group stock. The stock was sold at an average price of $28.00, for a total transaction of $1,360,688.00.
• On Tuesday, January 14th, Ritadhwaja Jebens Singh sold 25,000 shares of Life Time Group stock. The shares were sold at an average price of $25.00, for a total value of $625,000.00.

Life Time Group Trading Down 2.6 %

Shares of NYSE LTH opened at $28.98 on Friday. Life Time Group Holdings, Inc. has a 1-year low of $11.89 and a 1-year high of $30.39. The business has a fifty day moving average price of $24.46 and a 200 day moving average price of $23.89. The stock has a market capitalization of $6.00 billion, a P/E ratio of 42.00, a price-to-earnings-growth ratio of 0.73 and a beta of 1.89. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.59 and a quick ratio of 0.46.

Institutional Trading of Life Time Group

Hedge funds have recently modified their holdings of the company. Amalgamated Bank boosted its holdings in Life Time Group by 38.2% in the second quarter. Amalgamated Bank now owns 2,036 shares of the company’s stock worth $38,000 after acquiring an additional 563 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Life Time Group by 105.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,762 shares of the company’s stock worth $43,000 after purchasing an additional 906 shares in the last quarter. Moody National Bank Trust Division grew its position in Life Time Group by 1.0% during the 4th quarter. Moody National Bank Trust Division now owns 92,101 shares of the company’s stock worth $2,037,000 after purchasing an additional 911 shares during the last quarter. Assetmark Inc. increased its stake in Life Time Group by 8.5% during the 3rd quarter. Assetmark Inc. now owns 12,022 shares of the company’s stock valued at $294,000 after purchasing an additional 941 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Life Time Group by 1.2% in the fourth quarter. Rhumbline Advisers now owns 91,572 shares of the company’s stock worth $2,026,000 after buying an additional 1,075 shares during the last quarter. 79.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Guggenheim reaffirmed a “buy” rating and set a $32.00 price objective (up from $29.00) on shares of Life Time Group in a research note on Friday, January 17th. Mizuho lifted their price target 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. Wells Fargo & Company increased their price objective on shares of Life Time Group from $26.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, January 17th. Craig Hallum raised their price target on Life Time Group from $33.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, January 22nd. Finally, Morgan Stanley upped their price objective on Life Time Group from $21.00 to $29.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Life Time Group presently has a consensus rating of “Moderate Buy” and an average price target of $31.77.

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.