Is LTC Properties Inc (NYSE:LTC) Going to Burn These Institutional Investors?

July 18, 2017 - By Vivian Currie

 Is LTC Properties Inc (NYSE:LTC) Going to Burn These Institutional Investors?

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 has improved, as 110 active investment managers increased and started new stock positions, while 68 sold and reduced their stock positions in LTC Properties Inc. The active investment managers in our partner’s database now own: 31.67 million shares, down from 31.95 million shares in 2016Q3. Also, the number of active investment managers holding LTC Properties Inc in their top 10 stock 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 $2.04 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 23.06 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).

It closed at $51.1 lastly. It is down 5.46% since July 18, 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 buys, and 1 insider sale for $188,062 activity.

LTC Properties Inc (NYSE:LTC) Ratings Coverage

Ratings analysis reveals 14% of LTC Properties’s analysts are positive. Out of 7 Wall Street analysts rating LTC Properties, 1 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $44 while the high is $58. The stock’s average target of $51.75 is 1.27% above today’s ($51.1) share price. LTC was included in 14 notes of analysts from August 21, 2015. Zacks upgraded the shares of LTC in report on Friday, August 28 to “Sell” rating. Mizuho upgraded LTC Properties Inc (NYSE:LTC) on Monday, September 21 to “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Monday, July 3. Mitsubishi UFJ downgraded the shares of LTC in report on Thursday, January 5 to “Neutral” rating. On Thursday, May 11 the stock rating was upgraded by Hilliard Lyons to “Neutral”. Mizuho maintained it with “Buy” rating and $49 target in Wednesday, November 4 report. The firm has “Hold” rating given on Monday, June 26 by RBC Capital Markets. Mizuho downgraded the stock to “Neutral” rating in Monday, July 18 report. As per Monday, August 15, the company rating was maintained by Canaccord Genuity. As per Friday, June 17, the company rating was downgraded by RBC Capital Markets.

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 June 20, 2017” on June 19, 2017, also Nasdaq.com with their article: “LTC Properties, Inc. (LTC) Ex-Dividend Date Scheduled for April 18, 2017” published on April 17, 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, Inc. (LTC) Ex-Dividend Date Scheduled for May 19, 2017” published on May 18, 2017 as well as Seekingalpha.com‘s news article titled: “If You Like Boring, You’ll Love This REIT” with publication date: June 19, 2017.

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