2 weeks Ago By ABMN Staff
Geode Capital Management LLC raised its stake in Life Time Group Holdings, Inc. ( NYSE:LTH – Free Report ) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 1,529,949 shares of the company’s stock after buying an additional 32,107 shares during the period. Geode Capital Management LLC’s holdings in Life Time Group were worth $33,851,000 as of its most recent filing with the SEC. Several other institutional investors and hedge funds have also recently bought and sold shares of LTH.
Jane Street Group LLC grew its stake in Life Time Group by 146.8% in the third quarter. Jane Street Group LLC now owns 182,054 shares of the company’s stock valued at $4,446,000 after purchasing an additional 108,283 shares in the last quarter.
Franklin Resources Inc. acquired a new position in shares of Life Time Group in the third quarter valued at $593,000. JPMorgan Chase & Co.
increased its stake in Life Time Group by 11.1% in the third quarter. JPMorgan Chase & Co.
now owns 3,569,214 shares of the company’s stock valued at $87,160,000 after acquiring an additional 356,255 shares during the period. Burns Matteson Capital Management LLC bought a new stake in Life Time Group in the fourth quarter valued at $331,000. Finally, Braun Stacey Associates Inc.
lifted its holdings in Life Time Group by 2.0% during the 4th quarter. Braun Stacey Associates Inc.
now owns 867,132 shares of the company’s stock valued at $19,181,000 after purchasing an additional 17,340 shares during the last quarter. Institutional investors and hedge funds own 79.40% of the company’s stock.
Insider Activity at Life Time Group In related news, CEO Bahram Akradi sold 5,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $30.13, for a total value of $150,650,000.
00. Following the sale, the chief executive officer now owns 2,993,849 shares in the company, valued at approximately $90,204,670.37.
This trade represents a 62.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website .
Also, EVP Ritadhwaja Jebens Singh sold 48,596 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.00, for a total value of $1,360,688.
00. Following the completion of the transaction, the executive vice president now directly owns 143,030 shares in the company, valued at approximately $4,004,840. This represents a 25.
36 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 5,057,147 shares of company stock worth $152,266,556 over the last 90 days.
8.70% of the stock is owned by company insiders. Analyst Upgrades and Downgrades Read Our Latest Stock Report on LTH Life Time Group Stock Performance NYSE:LTH opened at $31.
23 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.
46 and a current ratio of 0.59. Life Time Group Holdings, Inc.
has a fifty-two week low of $12.34 and a fifty-two week high of $33.64.
The business has a 50 day moving average price of $30.70 and a 200-day moving average price of $26.82.
The firm has a market cap of $6.68 billion, a PE ratio of 45.26, a price-to-earnings-growth ratio of 0.
81 and a beta of 1.87. About Life Time Group ( Free Report ) 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. See Also Want to see what other hedge funds are holding LTH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Life Time Group Holdings, Inc.
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