September 8, 2017 – By Maria Brooks
Sentiment for LTC Properties Inc (NYSE:LTC)
LTC Properties Inc (NYSE:LTC) institutional sentiment increased to 1.62 in 2016 Q4. Its up 0.04, from 1.58 in 2016Q3. The ratio is more positive, as 110 institutional investors increased and opened new equity positions, while 68 sold and reduced holdings in LTC Properties Inc. The institutional investors in our partner’s database reported: 31.67 million shares, down from 31.95 million shares in 2016Q3. Also, the number of institutional investors holding LTC Properties Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 60 Increased: 78 New Position: 32.
LTC Properties Inc. is a healthcare real estate investment trust . The company has market cap of $1.93 billion. The Firm invests in senior housing and healthcare properties through sale-leaseback transactions, mortgage financing and structured finance solutions, including mezzanine lending. It has a 21.47 P/E ratio. It invests in various properties, including Skilled nursing facilities (SNF), Assisted living facilities (ALF), Independent living facilities (ILF), Memory care facilities (MC) and Range of care facilities (ROC).
About 3,384 shares traded. LTC Properties Inc (NYSE:LTC) has risen 5.46% since September 8, 2016 and is uptrending. It has underperformed by 11.24% the S&P500.
Barnett & Company Inc. holds 2.15% of its portfolio in LTC Properties Inc for 87,745 shares. Tributary Capital Management Llc owns 244,983 shares or 1.35% of their US portfolio. Moreover, Friedberg Investment Management has 0.7% invested in the company for 32,530 shares. The Colorado-based Stewart West Indies Trading Co. Ltd has invested 0.47% in the stock. Texan Capital Management, a Texas-based fund reported 12,820 shares.#img1#
Since January 1, 0001, it had 0 insider purchases, and 1 sale for $188,062 activity.
LTC Properties Inc (NYSE:LTC) Ratings Coverage
Ratings analysis reveals 22% of LTC Properties’s analysts are positive. Out of 9 Wall Street analysts rating LTC Properties, 2 give it “Buy”, 2 “Sell” rating, while 5 recommend “Hold”. The lowest target is $4400 while the high is $58. The stock’s average target of $49.50 is 1.48% above today’s ($48.78) share price. LTC was included in 19 notes of analysts from August 21, 2015. On Thursday, August 10 the stock rating was maintained by BMO Capital Markets with “Sell”. The rating was maintained by Mizuho on Wednesday, November 4 with “Buy”. The stock of LTC Properties Inc (NYSE:LTC) earned “Neutral” rating by Mizuho on Monday, July 18. Hilliard Lyons upgraded the stock to “Neutral” rating in Thursday, May 11 report. RBC Capital Markets maintained LTC Properties Inc (NYSE:LTC) rating on Monday, August 14. RBC Capital Markets has “Hold” rating and $4800 target. The firm earned “Hold” rating on Friday, August 11 by Stifel Nicolaus. Mitsubishi UFJ downgraded the stock to “Neutral” rating in Thursday, January 5 report. On Monday, July 31 the stock rating was maintained by RBC Capital Markets with “Hold”. Mizuho upgraded it to “Buy” rating and $47 target in Monday, September 21 report. RBC Capital Markets maintained LTC Properties Inc (NYSE:LTC) rating on Monday, June 26. RBC Capital Markets has “Hold” rating and $5000 target.
More notable recent LTC Properties Inc (NYSE:LTC) news were published by: Nasdaq.com which released: “LTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled for April 18, 2017” on April 17, 2017, also Nasdaq.com with their article: “LTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled for August 21, 2017” published on August 18, 2017, Seekingalpha.com published: “LTC Properties: Monthly Dividend Healthcare REIT” on May 19, 2017. More interesting news about LTC Properties Inc (NYSE:LTC) were released by: Nasdaq.com and their article: “LTC Properties Enters Oversold Territory” published on August 11, 2017 as well as Seekingalpha.com‘s news article titled: “LTC Properties: Dividend Growth Machine” with publication date: August 11, 2017.
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