Huntington began coverage on shares of LTC Properties (NYSE:LTC – Get Free Report) in a research report issued on Tuesday, Zacks reports. The firm set a “strong-buy” rating on the real estate investment trust’s stock.
A number of other brokerages have also recently commented on LTC. Weiss Ratings cut LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft upgraded LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Thursday, August 27th. Royal Bank Of Canada upped their target price on LTC Properties from $45.00 to $52.00 and gave the company an “outperform” rating in a research report on Friday, October 2nd. Wells Fargo & Company increased their price target on shares of LTC Properties from $42.00 to $43.00 and gave the stock an “equal weight” rating in a report on Monday, October 19th. Finally, Nomura upgraded shares of LTC Properties to a “neutral” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.40.
Read Our Latest Stock Report on LTC Properties
LTC Properties Price Performance
LTC Properties (NYSE:LTC – Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The real estate investment trust reported $6.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $5.69. LTC Properties had a return on equity of 40.82% and a net margin of 127.38%. The business had revenue of $114.08 million for the quarter, compared to analyst estimates of $86.30 million. During the same quarter in the previous year, the firm earned $0.72 earnings per share. The company’s revenue was up 66.3% on a year-over-year basis. As a group, equities analysts expect that LTC Properties will post 2.77 EPS for the current fiscal year.
Insider Activity
In other LTC Properties news, Director David Gruber bought 3,500 shares of the stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $38.30 per share, with a total value of $134,050.00. Following the purchase, the director directly owned 47,545 shares in the company, valued at $1,820,973.50. This trade represents a 7.95% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.20% of the stock is owned by corporate insiders.
Institutional Trading of LTC Properties
Several large investors have recently added to or reduced their stakes in LTC. IFP Advisors Inc grew its holdings in shares of LTC Properties by 8.6% in the second quarter. IFP Advisors Inc now owns 3,079 shares of the real estate investment trust’s stock valued at $118,000 after purchasing an additional 245 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of LTC Properties by 3.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 8,733 shares of the real estate investment trust’s stock worth $374,000 after buying an additional 314 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in LTC Properties by 39.2% in the third quarter. Farther Finance Advisors LLC now owns 1,256 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 354 shares during the last quarter. Nissay Asset Management Corp Japan grew its position in LTC Properties by 5.8% in the second quarter. Nissay Asset Management Corp Japan now owns 7,999 shares of the real estate investment trust’s stock worth $308,000 after acquiring an additional 439 shares during the period. Finally, Assetmark Inc. increased its stake in LTC Properties by 2.5% during the first quarter. Assetmark Inc. now owns 19,129 shares of the real estate investment trust’s stock worth $711,000 after acquiring an additional 462 shares during the last quarter. 69.25% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about LTC Properties
Here are the key news stories impacting LTC Properties this week:
- Positive Sentiment: Q3 results topped expectations. LTC reported core FFO of $0.71 per share, above the $0.70 consensus and up from $0.69 a year earlier. Revenue of $115.2 million also exceeded the $86.3 million estimate, with growth supported by SHOP momentum. Q3 FFO and revenue estimates
- Positive Sentiment: Expanded SHOP investment activity. LTC announced a $62 million Florida senior-housing transaction, said it had exceeded the midpoint of its 2026 SHOP acquisition guidance, and welcomed Grace Management to its SHOP platform—developments that could support future growth. SHOP acquisition and platform update
- Neutral Sentiment: New finance and investor-relations executive. LTC appointed Eric Clark as senior vice president of corporate finance and investor relations; the appointment is a leadership update, with no immediate financial impact specified. Clark named LTC Properties VP
- Neutral Sentiment: Personal-finance articles featured LTC among monthly dividend stocks. This may reinforce investor interest in its income profile, but the articles do not report a change to the company’s dividend. Monthly dividend stocks article
- Negative Sentiment: 2026 guidance was less encouraging. Despite the strong quarter and acquisition activity, coverage noted that the company’s guidance failed to impress, a potential constraint on further gains if investors were expecting a stronger outlook. Q3 results and 2026 guidance
About LTC Properties
LTC Properties, Inc is a real estate investment trust (REIT) that invests in healthcare-related real estate. The company focuses primarily on properties serving older adults, including skilled nursing facilities, assisted living communities, memory care facilities and independent living properties.
LTC Properties generally generates revenue through long-term leases, mortgage loans and other investments involving healthcare operators and property owners. Its investment activities may include property acquisitions, sale-leaseback transactions, joint ventures and financing arrangements.
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