Institutional Investors Love LTC Properties Inc (NYSE:LTC)

May 16, 2018 - By Vivian Park

LTC Properties, Inc. (NYSE:LTC) Logo

Sentiment for LTC Properties Inc (NYSE:LTC)

LTC Properties Inc (NYSE:LTC) institutional sentiment increased to 1.56 in Q4 2017. Its up 0.55, from 1.01 in 2017Q3. The ratio is better, as 106 investment professionals increased and opened new holdings, while 68 sold and decreased their stock positions in LTC Properties Inc. The investment professionals in our partner’s database now possess: 30.10 million shares, up from 29.49 million shares in 2017Q3. Also, the number of investment professionals holding LTC Properties Inc in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 20 Reduced: 48 Increased: 77 New Position: 29.

LTC Properties, Inc. operates as a health care real estate investment trust in the United States. The company has market cap of $1.55 billion. It invests in senior housing and long term healthcare properties, including skilled nursing properties, assisted living properties, independent living properties, and combinations through mortgage loans, property lease transactions, and other investments. It has a 17.76 P/E ratio. The Company’s portfolio consists of 89 skilled nursing properties, 102 assisted living properties, 14 other senior housing properties, 2 schools, and a parcel of land under development.

The stock increased 0.49% or $0.19 during the last trading session, reaching $39.13. About 67,751 shares traded. LTC Properties, Inc. (NYSE:LTC) has declined 21.24% since May 16, 2017 and is downtrending. It has underperformed by 32.79% the S&P500.

Analysts await LTC Properties, Inc. (NYSE:LTC) to report earnings on August, 8. They expect $0.75 EPS, down 5.06 % or $0.04 from last year’s $0.79 per share. LTC’s profit will be $29.73M for 13.04 P/E if the $0.75 EPS becomes a reality. After $0.75 actual EPS reported by LTC Properties, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Dean Capital Management holds 1.93% of its portfolio in LTC Properties, Inc. for 93,675 shares. Barnett & Company Inc. owns 70,053 shares or 1.49% of their US portfolio. Moreover, Tributary Capital Management Llc has 1.26% invested in the company for 331,650 shares. The Ohio-based Dean Investment Associates Llc has invested 0.86% in the stock. Albert D Mason Inc, a Massachusetts-based fund reported 17,055 shares.

Since January 1, 0001, it had 1 buying transaction, and 2 selling transactions for $113,459 activity.

LTC Properties, Inc. (NYSE:LTC) Ratings Coverage

Ratings analysis reveals 0 of LTC Properties’s analysts are positive. Out of 5 Wall Street analysts rating LTC Properties, 0 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $3900 while the high is $43.0. The stock’s average target of $40.75 is 4.14% above today’s ($39.13) share price. LTC was included in 6 notes of analysts from November 21, 2017. On Tuesday, November 21 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was maintained by BMO Capital Markets on Monday, March 26 with “Sell”. As per Tuesday, January 9, the company rating was maintained by BMO Capital Markets. On Thursday, March 1 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Hold” rating on Tuesday, March 6 by RBC Capital Markets. The stock of LTC Properties, Inc. (NYSE:LTC) has “Neutral” rating given on Monday, March 5 by Mizuho.

More notable recent LTC Properties, Inc. (NYSE:LTC) news were published by: Investorplace.com which released: “7 Stocks Paying Monthly Dividends That You Should Consider Buying” on May 11, 2018, also Investorplace.com with their article: “4 of the Best REITs to Buy Now” published on May 09, 2018, Businesswire.com published: “LTC Sells Portfolio of Six Assisted Living and Memory Care Communities for $67.5 Million” on May 01, 2018. More interesting news about LTC Properties, Inc. (NYSE:LTC) were released by: Globenewswire.com and their article: “Investor Expectations to Drive Momentum within Balchem, Beacon Roofing Supply, Rice Midstream Partners LP, LTC …” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “LTC Properties’ (LTC) CEO Wendy Simpson on Q1 2018 Results – Earnings Call Transcript” with publication date: May 10, 2018.

LTC Properties, Inc. (NYSE:LTC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Science

Deepwater discovery in Mexican Gulf by Shell

Deepwater discovery in Mexican Gulf by Shell

Kelly Oliver

Recently one of the biggest oil companies in the world Shell has made big exploration of deep waters in the Gulf of Mexico. Researching took place 13 miles from Appomattox Shell’s project, which will start its production in the 2019 year, according to previous plans. Receive News & Ratings Via Email - ...

New recycling program for Boise

New recycling program for Boise

Ellis Scott

The new program is called Hefty EnergyBag Program. It was recently announced in Boise. Although it was made for help with recycling, there is confusion and many questions about it. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news ...

Smart countryside as the key to the future

Smart countryside as the key to the future

Edwin Martin

So-called “smart cities” are usually taken as an example of the future for cities. The rise in the capacity for more information can help us to solve problems on the environmental and human scale. It will be possible with saving of energy and traffic regulations. Receive News & Ratings Via Email - ...

Pollution in the real-time observation

Pollution in the real-time observation

Dolores Ford

New technology made in Utah can provide the results of pollution in the real time. It can be used by environmental researchers who want to receive a clear view of toxins in the air. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary ...

The red tape for commercial space flight is cut by Donald Trump

The red tape for commercial space flight is cut by Donald Trump

Darrin Black

Donald Trump, the 45th current president of the USA, wants commercial flight into space get real. He looks for boosting of space flights before it can be done by China. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news ...

Thomas Hertog talks about his collaboration with Stephen Hawking

Thomas Hertog talks about his collaboration with Stephen Hawking

Thomas Roop

Thomas Hertog, the theoretical physicist told the press about his experience from the work with Stephen Hawking, his implication on Hertog’s new ideas, and their collaboration. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with ...

Doubts behind Electromagnetic Drive Space Thruster Impossible from NASA

Doubts behind Electromagnetic Drive Space Thruster Impossible from NASA

Thomas Roop

While NASA celebrates its new creation, some experts believe it can’t work because of simple violations of the third law of Newton. It was called Impossible after it broke this law. However, further experiments show that it could have happened only because of errors in previous tests. Receive News & Ratings Via ...

New species in 2018

New species in 2018

Peter Erickson

ESF names animals, plants, and microbes that were able to survive instead of all predictions. There are big, small, beautiful, and weird. They have different groups, they are different species and even from different kingdoms. They are all united by their ability to survive and be discovered by scientists. Receive News & ...

Small helicopter on Mars

Small helicopter on Mars

Paul Bridgeforth

There will be a new feature for Mars of 2020. This invention is compared to the bold experiment of Wright Brothers almost 117 years ago. While they have shown that people can fly on Earth, the new invention will make flights possible on Mars. Receive News & Ratings Via Email - Enter ...

New El Niño is coming in 2018

New El Niño is coming in 2018

Orlando Souther

It predicts more natural disasters and unexpected weather conditions for the next year. Researchers say that there will be wildfires, droughts, and scorching temps for the next 12 months. Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and ...