International Assets Investment Management LLC Increases Holdings in Planet Fitness, Inc. (NYSE:PLNT) – 13F Filing Analysis

International Assets Investment Management LLC has significantly increased its holdings in Planet Fitness, Inc. with a growth of 886.5% in the fourth quarter, according to the company’s recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns 5,840 shares of Planet Fitness, worth $426,000.

Other institutional investors and hedge funds have also made changes to their holdings of Planet Fitness. Allworth Financial LP increased its holdings by 247.6%, McGlone Suttner Wealth Management Inc. bought a new stake, Covestor Ltd and Asset Management One Co. Ltd. grew their holdings, and Larson Financial Group LLC also bought a new stake. Overall, institutional investors now own 95.53% of the company’s stock.

Planet Fitness stock performance has been steady, with the company surpassing analysts’ consensus estimates in its recent earnings report. Analysts have also weighed in on the stock, with several giving positive ratings and target prices. The average rating on the stock is currently a “Moderate Buy” with a consensus target price of $71.86.

Planet Fitness operates fitness centers under its brand, franchising across the United States, Puerto Rico, Canada, and other countries. The company’s growth and performance have attracted the attention of institutional investors and analysts alike.

For more information on Planet Fitness and its stock performance, interested parties can visit MarketBeat.com for the latest 13F filings and insider trades.