John Danhakl Sells 3,006,100 Shares of Life Time Group (NYSE:LTH) Stock

Life Time Group Holdings, Inc. (NYSE:LTH) Director John Danhakl sold 3,006,100 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $32.51, for a total value of $97,728,311.00. Following the transaction, the director directly owned 13,236,283 shares of the company’s stock, valued at $430,311,560.33. This represents a 18.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Life Time Group Price Performance

NYSE LTH opened at $32.99 on Thursday. Life Time Group Holdings, Inc. has a twelve month low of $24.14 and a twelve month high of $35.33. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.42 and a current ratio of 0.53. The stock has a market capitalization of $7.34 billion, a PE ratio of 19.29, a P/E/G ratio of 1.38 and a beta of 1.50. The stock has a 50-day simple moving average of $28.97 and a 200 day simple moving average of $27.84.

Life Time Group (NYSE:LTH) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. Life Time Group had a return on equity of 10.10% and a net margin of 12.56%.The business had revenue of $788.70 million during the quarter, compared to analysts’ expectations of $787.65 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The firm’s revenue was up 11.7% compared to the same quarter last year. Research analysts anticipate that Life Time Group Holdings, Inc. will post 1.47 EPS for the current year.

Hedge Funds Weigh In On Life Time Group

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Life Time Group by 144.5% in the 4th quarter. GAMMA Investing LLC now owns 1,220 shares of the company’s stock valued at $32,000 after acquiring an additional 721 shares in the last quarter. Wexford Capital LP bought a new stake in shares of Life Time Group in the 3rd quarter valued at approximately $40,000. EverSource Wealth Advisors LLC grew its stake in shares of Life Time Group by 201.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,499 shares of the company’s stock valued at $45,000 after purchasing an additional 1,002 shares during the period. Kemnay Advisory Services Inc. bought a new stake in shares of Life Time Group in the 4th quarter valued at approximately $73,000. Finally, Nisa Investment Advisors LLC grew its stake in shares of Life Time Group by 74.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,862 shares of the company’s stock valued at $76,000 after purchasing an additional 1,225 shares during the period. Institutional investors and hedge funds own 79.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on LTH shares. KeyCorp started coverage on Life Time Group in a report on Thursday, March 12th. They issued an “overweight” rating and a $40.00 price target for the company. Mizuho upped their price target on Life Time Group from $41.00 to $44.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Zacks Research cut Life Time Group from a “strong-buy” rating to a “hold” rating in a report on Monday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $37.00 price target on shares of Life Time Group in a report on Wednesday, May 6th. Finally, UBS Group reaffirmed a “buy” rating and issued a $43.00 price target on shares of Life Time Group in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Life Time Group has an average rating of “Moderate Buy” and an average target price of $40.00.

Trending Headlines about Life Time Group

Here are the key news stories impacting Life Time Group this week:

• Positive Sentiment: Life Time Group was upgraded to a Zacks Rank #2 (Buy), signaling improved earnings expectations and potentially stronger near-term sentiment for the stock. Article: Life Time Group Holdings (LTH) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: The company’s latest earnings report beat estimates, with EPS of $0.42 versus $0.39 expected and revenue up 11.7% year over year, reinforcing the view that operating performance remains solid.
• Neutral Sentiment: Broker research remains generally favorable, with several firms maintaining Buy/Overweight ratings and a consensus target price above the current share price, though not enough to offset other headlines.
• Negative Sentiment: Multiple insider sales weighed on sentiment, including large share sales by directors John G. Danhakl and John Kristofer Galashan, as well as a reduction in holdings by major shareholder Partners Group Private Equity.
• Negative Sentiment: Zacks Research also reportedly downgraded Life Time Group from “strong-buy” to “hold,” adding another cautionary note for traders focused on short-term momentum.

Life Time Group Company Profile

Life Time Group (NYSE: LTH) is a premier operator of health, fitness and lifestyle centers across North America. The company’s core business encompasses the development, ownership and management of premium athletic resorts that integrate state-of-the-art fitness facilities, group exercise studios, indoor and outdoor pools, running tracks, and spa and salon services. In addition to its brick-and-mortar clubs, Life Time offers a digital platform featuring on-demand and live-streamed workouts, personalized training programs and nutrition guidance, enabling members to pursue their wellness goals both at home and on the go.

Founded in 1992 and headquartered in Chanhassen, Minnesota, Life Time has grown from a single Minnesota health club into a network of more than 160 locations across the United States and Canada.