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 stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $30.00, for a total transaction of $204,300.00. Following the sale, the executive vice president now owns 136,220 shares of the company’s stock, valued at approximately $4,086,600. This represents a 4.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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 Up 1.5 %

Shares of Life Time Group stock traded up $0.44 during trading hours on Thursday, reaching $29.76. 1,551,881 shares of the company’s stock were exchanged, compared to its average volume of 1,961,883. Life Time Group Holdings, Inc. has a 52-week low of $11.89 and a 52-week high of $30.39. The company has a fifty day moving average of $24.35 and a 200-day moving average of $23.85. 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 firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 43.13, a price-to-earnings-growth ratio of 0.71 and a beta of 1.89.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of 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 lifted their price objective on Life Time Group from $29.00 to $31.50 and gave the company an “outperform” rating in a report on Friday, January 17th. Oppenheimer raised their price target on Life Time Group from $33.00 to $43.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. Morgan Stanley lifted their price target 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. Finally, Craig Hallum increased their price objective on Life Time Group from $33.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $31.77.

Institutional Trading of Life Time Group

A number of hedge funds have recently added to or reduced their stakes in the business. Nkcfo LLC acquired a new position in shares of Life Time Group in the 4th quarter valued at about $664,000. Principal Securities Inc. acquired a new stake in shares of Life Time Group in the fourth quarter worth $98,000. Rhumbline Advisers raised its position in Life Time Group by 1.2% in the fourth quarter. Rhumbline Advisers now owns 91,572 shares of the company’s stock valued at $2,026,000 after purchasing an additional 1,075 shares during the period. Burns Matteson Capital Management LLC purchased a new stake in shares of Life Time Group in the fourth quarter worth about $331,000. Finally, Precision Wealth Strategies LLC acquired a new stake in shares of Life Time Group in the fourth quarter valued at about $387,000. 79.40% of the stock is owned by institutional investors and hedge funds.

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.