Were Analysts Bullish LTC Properties, Inc. (NYSE:LTC) This Week?

September 16, 2018 - By Lisa Delgado

LTC Properties, Inc. (NYSE:LTC) LogoInvestors sentiment increased to 1.42 in Q2 2018. Its up 0.12, from 1.3 in 2018Q1. It is positive, as 14 investors sold LTC Properties, Inc. shares while 53 reduced holdings. 32 funds opened positions while 63 raised stakes. 28.92 million shares or 1.95% less from 29.49 million shares in 2018Q1 were reported.
Signaturefd Limited Liability stated it has 0% in LTC Properties, Inc. (NYSE:LTC). Td Asset Mgmt Incorporated has 308,100 shares. Keybank Natl Association Oh reported 33,100 shares stake. Quantbot Techs Lp owns 3,883 shares for 0.01% of their portfolio. Daiwa Inc owns 5,300 shares. Schwab Charles Invest Mngmt owns 467,677 shares for 0.01% of their portfolio. The Pennsylvania-based Vanguard Grp Incorporated has invested 0.01% in LTC Properties, Inc. (NYSE:LTC). Moreover, First Advsrs Limited Partnership has 0.01% invested in LTC Properties, Inc. (NYSE:LTC). Balyasny Asset Limited Co holds 26,318 shares or 0.01% of its portfolio. Tocqueville Asset Management Ltd Partnership invested 0.06% of its portfolio in LTC Properties, Inc. (NYSE:LTC). Valley National Advisers owns 245 shares. Florida-based Raymond James And Associates has invested 0% in LTC Properties, Inc. (NYSE:LTC). Sei Invests reported 80 shares. Arizona State Retirement Sys owns 57,639 shares or 0.02% of their US portfolio. Tiaa Cref Inv Management Llc holds 158,092 shares or 0% of its portfolio.

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

Among 3 analysts covering LTC Properties (NYSE:LTC), 1 have Buy rating, 2 Sell and 0 Hold. Therefore 33% are positive. LTC Properties had 3 analyst reports since March 26, 2018 according to SRatingsIntel. RBC Capital Markets downgraded the shares of LTC in report on Wednesday, May 23 to “Underperform” rating. The stock of LTC Properties, Inc. (NYSE:LTC) has “Overweight” rating given on Friday, August 10 by Cantor Fitzgerald. The firm earned “Sell” rating on Monday, March 26 by BMO Capital Markets. Below is a list of LTC Properties, Inc. (NYSE:LTC) latest ratings and price target changes.

10/08/2018 Broker: Cantor Fitzgerald Old Rating: Overweight New Rating: Overweight Old Target: $45 New Target: $46 Maintain
23/05/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Underperform New Target: $38 Downgrade
26/03/2018 Broker: BMO Capital Markets Rating: Sell New Target: $39.0000 Maintain

The stock decreased 0.61% or $0.28 during the last trading session, reaching $45.32. About 128,430 shares traded. LTC Properties, Inc. (NYSE:LTC) has declined 7.23% since September 16, 2017 and is downtrending. It has underperformed by 22.85% the S&P500.

LTC Properties, Inc. operates as a health care real estate investment trust in the United States. The company has market cap of $1.80 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 13.84 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.

More news for LTC Properties, Inc. (NYSE:LTC) were recently published by: Finance.Yahoo.com, which released: “6 Monthly Dividend Stocks to Buy” on September 14, 2018. Seekingalpha.com‘s article titled: “Booyah! This Strong Buy Has Returned 30%” and published on September 03, 2018 is yet another important article.

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

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