Life Time Fitness, Inc. (NYSE:LTM) is on the verge of unlocking significant shareholder value and could rise more than 30 percent, says activist hedge fund manager Richard McGuire of Marcato Capital Management (H/T MarketFolly for the find).
McGuire, a disciple of noted activist William Ackman, invests in small to mid-sized companies and various real estate plays. It is from a real estate angle McGuire likes Life Time Fitness and their recent move to explore spinning off the fitness club’s large real estate holdings into a real...