Life Time Group (NYSE:LTH) Director John Danhakl Sells 2,493,083 Shares of Stock

Life Time Group Holdings, Inc. (NYSE:LTH) Director John Danhakl sold 2,493,083 shares of the business’s stock in a transaction dated 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 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Life Time Group Price Performance

Shares of Life Time Group stock opened at $32.10 on Friday. The firm has a market cap of $7.15 billion, a PE ratio of 18.77, a PEG ratio of 1.42 and a beta of 1.50. The stock has a 50 day moving average of $27.15 and a 200 day moving average of $27.11. The company has a current ratio of 0.53, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. Life Time Group Holdings, Inc. has a 12 month low of $24.14 and a 12 month high of $34.99.

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

Trending Headlines about 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.

Institutional Investors Weigh In On Life Time Group

Several large investors have recently added to or reduced their stakes in LTH. Royal Bank of Canada increased its stake in Life Time Group by 140.4% during the first quarter. Royal Bank of Canada now owns 54,380 shares of the company’s stock worth $1,642,000 after acquiring an additional 31,762 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Life Time Group by 25.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,855 shares of the company’s stock worth $2,140,000 after acquiring an additional 14,267 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Life Time Group by 143.7% during the first quarter. Goldman Sachs Group Inc. now owns 2,422,304 shares of the company’s stock worth $73,154,000 after acquiring an additional 1,428,446 shares during the last quarter. Caxton Associates LLP bought a new stake in Life Time Group during the first quarter worth approximately $221,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Life Time Group by 47.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 199,287 shares of the company’s stock worth $6,018,000 after acquiring an additional 64,348 shares during the last quarter. 79.40% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on LTH shares. KeyCorp began coverage on shares of Life Time Group in a research note on Thursday, March 12th. They set an “overweight” rating and a $40.00 price target on the stock. Guggenheim restated a “buy” rating and issued a $36.00 target price on shares of Life Time Group in a report on Friday, January 23rd. UBS Group restated a “buy” rating and set a $43.00 target price on shares of Life Time Group in a research report on Thursday, March 12th. Wells Fargo & Company increased their price target on shares of Life Time Group from $37.00 to $38.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Zacks Research upgraded Life Time Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $40.40.

About Life Time Group

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.