Life Time Group (NYSE:LTH) Director John Kristofer Galashan Sells 2,493,083 Shares

Life Time Group Holdings, Inc. (NYSE:LTH) Director John Kristofer Galashan sold 2,493,083 shares of Life Time Group stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $28.60, for a total value of $71,302,173.80. Following the completion of the sale, the director directly owned 22,412,978 shares in the company, valued at $641,011,170.80. This represents a 10.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Life Time Group Trading Down 4.4%

Shares of LTH stock traded down $1.49 on Thursday, hitting $32.10. The stock had a trading volume of 5,467,002 shares, compared to its average volume of 2,867,406. Life Time Group Holdings, Inc. has a 1 year low of $24.14 and a 1 year high of $34.99. The firm has a market capitalization of $7.12 billion, a P/E ratio of 18.77, a P/E/G ratio of 1.24 and a beta of 1.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.63 and a quick ratio of 0.52. The company’s 50 day moving average price is $27.15 and its 200-day moving average price is $27.11.

Life Time Group (NYSE:LTH) last announced its earnings results on Tuesday, May 5th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. The firm had revenue of $788.70 million during the quarter, compared to analysts’ expectations of $787.65 million. Life Time Group had a return on equity of 10.29% and a net margin of 12.56%.The business’s revenue was up 11.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. Analysts anticipate that Life Time Group Holdings, Inc. will post 1.47 earnings per share for the current year.

Hedge Funds Weigh In On Life Time Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its stake in Life Time Group by 144.5% during the fourth quarter. GAMMA Investing LLC now owns 1,220 shares of the company’s stock worth $32,000 after buying an additional 721 shares during the last quarter. Wexford Capital LP bought a new stake in shares of Life Time Group in the third quarter valued at approximately $40,000. EverSource Wealth Advisors LLC increased its holdings in shares of Life Time Group by 201.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,499 shares of the company’s stock worth $45,000 after purchasing an additional 1,002 shares during the period. Asset Management One Co. Ltd. bought a new position in shares of Life Time Group in the 3rd quarter worth $69,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Life Time Group in the 4th quarter worth $73,000. Institutional investors own 79.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Morgan Stanley lifted their target price on Life Time Group from $37.00 to $38.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. KeyCorp assumed coverage on shares of Life Time Group in a report on Thursday, March 12th. They set an “overweight” rating and a $40.00 price target on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $37.00 price objective on shares of Life Time Group in a report on Wednesday. Wells Fargo & Company upped their price objective on shares of Life Time Group from $37.00 to $38.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Life Time Group in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $40.40.

Key Stories Impacting Life Time Group

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

• Positive Sentiment: Q1 beat and upbeat outlook — Life Time reported stronger-than-expected Q1 results and management commentary that highlighted growth momentum, which kicked off a recent rally. Life Time Group (LTH) Soars 12% on Stellar Earnings, Upbeat Outlook
• Positive Sentiment: Completed major share repurchase — The company announced completion of a previously disclosed large repurchase transaction, reducing float and signaling capital-return priority. Life Time Group Completes Major Share Repurchase Transaction
• Positive Sentiment: Strategic investor entry and additional repurchase disclosure — Announcements around a $62.71M repurchase program and a strategic investor participation add credibility to the buyback plan. Life Time announces $62.71M share repurchase and strategic investor entry
• Positive Sentiment: Analyst upgrades and higher targets — Mizuho raised its price target to $44 (outperform) and Wells Fargo raised its target to $38 (overweight), providing further support for the stock’s upside case. Analyst coverage/price target updates
• Neutral Sentiment: Strategic small acquisition — Life Time acquired the Phoenix 10K race, expanding its events/running portfolio; a niche brand tuck-in that supports community engagement but is unlikely to move near-term earnings materially. Life Time Expands Running Portfolio with Acquisition of the Phoenix 10K
• Neutral Sentiment: Ongoing analyst interest — Several outlets featured LTH among consumer-cyclical picks, which helps visibility but may already be priced in after recent upgrades. Analysts’ Top Consumer Cyclical Picks
• Negative Sentiment: Profit-taking, high volume and liquidity metrics — The stock is pulling back on above-average volume after the post-earnings run; shorter-term technical resistance and limited short-term liquidity (quick ratio ~0.52, current ratio ~0.63) may amplify intraday weakness.

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.