Campbell & CO Investment Adviser LLC Invests $312,000 in Life Time Group Holdings, Inc. $LTH

Campbell & CO Investment Adviser LLC acquired a new position in Life Time Group Holdings, Inc. (NYSE:LTH) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,280 shares of the company’s stock, valued at approximately $312,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbour Investments Inc. bought a new position in Life Time Group in the 1st quarter worth about $36,000. Nisa Investment Advisors LLC boosted its position in shares of Life Time Group by 98.9% during the second quarter. Nisa Investment Advisors LLC now owns 1,506 shares of the company’s stock worth $46,000 after buying an additional 749 shares during the period. IFP Advisors Inc grew its holdings in Life Time Group by 10,150.0% in the 2nd quarter. IFP Advisors Inc now owns 1,640 shares of the company’s stock worth $51,000 after buying an additional 1,624 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Life Time Group by 226.5% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,750 shares of the company’s stock valued at $53,000 after acquiring an additional 1,214 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in Life Time Group during the 1st quarter valued at $74,000. 79.40% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Life Time Group

In other Life Time Group news, Director John G. Danhakl sold 4,991,976 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $28.95, for a total transaction of $144,517,705.20. Following the sale, the director owned 24,906,061 shares in the company, valued at approximately $721,030,465.95. The trade was a 16.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Partners Group Private Equity sold 745,707 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $28.95, for a total transaction of $21,588,217.65. Following the sale, the insider directly owned 3,720,500 shares of the company’s stock, valued at $107,708,475. This represents a 16.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 10,743,880 shares of company stock valued at $311,008,231 over the last ninety days. Company insiders own 8.70% of the company’s stock.

Life Time Group Stock Performance

Shares of LTH opened at $24.70 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.67 and a quick ratio of 0.55. The firm’s 50 day moving average is $26.52 and its 200-day moving average is $28.06. Life Time Group Holdings, Inc. has a 12-month low of $21.49 and a 12-month high of $34.99. The stock has a market capitalization of $5.45 billion, a P/E ratio of 19.14, a P/E/G ratio of 0.82 and a beta of 1.68.

Life Time Group (NYSE:LTH) last issued its earnings results on Tuesday, November 4th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $782.65 million during the quarter, compared to analysts’ expectations of $770.93 million. Life Time Group had a net margin of 9.91% and a return on equity of 9.75%. Life Time Group has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Life Time Group Holdings, Inc. will post 0.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on LTH shares. Morgan Stanley lowered their price target on Life Time Group from $39.00 to $37.00 and set an “overweight” rating on the stock in a report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Life Time Group in a research note on Wednesday, October 8th. Wall Street Zen lowered shares of Life Time Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Zacks Research upgraded shares of Life Time Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Finally, UBS Group set a $48.00 target price on Life Time Group in a report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $37.00.

About Life Time Group

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.