LTC Properties (NYSE:LTC) Shares Pass Above 200 Day Moving Average – Time to Sell?

LTC Properties, Inc. (NYSE:LTC)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.28 and traded as high as $39.52. LTC Properties shares last traded at $39.0310, with a volume of 339,329 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LTC shares. Cantor Fitzgerald set a $36.00 target price on LTC Properties in a research report on Monday, January 5th. Wells Fargo & Company boosted their price target on LTC Properties from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, Weiss Ratings upgraded LTC Properties from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $38.60.

LTC Properties Stock Performance

The firm’s 50 day simple moving average is $37.76 and its 200 day simple moving average is $36.28. The firm has a market cap of $1.89 billion, a PE ratio of 16.00 and a beta of 0.59. The company has a current ratio of 8.04, a quick ratio of 8.04 and a debt-to-equity ratio of 0.72.

LTC Properties (NYSE:LTC) last issued its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $1.41. LTC Properties had a return on equity of 10.95% and a net margin of 44.82%.The firm had revenue of $82.11 million during the quarter, compared to analyst estimates of $84.23 million. During the same quarter last year, the business posted $0.72 earnings per share. The business’s quarterly revenue was up 60.3% compared to the same quarter last year. LTC Properties has set its FY 2026 guidance at 2.750-2.790 EPS and its Q1 2026 guidance at 0.660-0.680 EPS. On average, research analysts forecast that LTC Properties, Inc. will post 2.79 EPS for the current fiscal year.

LTC Properties Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.19 per share. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Monday, March 23rd. LTC Properties’s dividend payout ratio (DPR) is currently 93.44%.

Insider Buying and Selling

In other LTC Properties news, Director David L. Gruber purchased 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average price of $38.00 per share, with a total value of $266,000.00. Following the completion of the purchase, the director directly owned 36,931 shares in the company, valued at $1,403,378. This trade represents a 23.39% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP David M. Boitano acquired 10,000 shares of the stock in a transaction on Wednesday, December 31st. The shares were acquired at an average price of $34.44 per share, with a total value of $344,400.00. Following the transaction, the executive vice president directly owned 25,626 shares of the company’s stock, valued at $882,559.44. The trade was a 64.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.10% of the company’s stock.

Institutional Trading of LTC Properties

Large investors have recently made changes to their positions in the business. American Century Companies Inc. grew its position in LTC Properties by 4,205.5% in the third quarter. American Century Companies Inc. now owns 812,235 shares of the real estate investment trust’s stock worth $29,939,000 after acquiring an additional 793,370 shares in the last quarter. Keybank National Association OH bought a new stake in shares of LTC Properties in the 3rd quarter valued at approximately $7,931,000. Goldman Sachs Group Inc. boosted its holdings in shares of LTC Properties by 177.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 323,798 shares of the real estate investment trust’s stock worth $11,132,000 after purchasing an additional 207,043 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of LTC Properties during the 4th quarter valued at approximately $6,556,000. Finally, Millennium Management LLC increased its position in shares of LTC Properties by 74.1% during the 3rd quarter. Millennium Management LLC now owns 442,930 shares of the real estate investment trust’s stock valued at $16,326,000 after purchasing an additional 188,447 shares during the last quarter. 69.25% of the stock is currently owned by institutional investors.

LTC Properties Company Profile

LTC Properties, Inc (NYSE: LTC) is a real estate investment trust that specializes in financing and investing in long-term health care properties. The company focuses on providing capital to operators of senior housing and health care facilities through sale-leaseback transactions, mortgage financings and structured finance arrangements. Its portfolio primarily comprises skilled nursing facilities, assisted living communities and memory care centers.

Since its founding in 1992, LTC Properties has built a diversified portfolio of properties located across the United States.