Huntington Initiates Coverage on LTC Properties (NYSE:LTC)

Investment analysts at Huntington initiated coverage on shares of LTC Properties (NYSE:LTC) in a research note issued on Tuesday, Zacks reports. The firm set a “strong-buy” rating on the real estate investment trust’s stock.

A number of other analysts have also commented on the stock. Nomura raised shares of LTC Properties to a “neutral” rating in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft raised shares of LTC Properties from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a research report on Thursday, August 27th. Wells Fargo & Company raised their target price on shares of LTC Properties from $42.00 to $43.00 and gave the company an “equal weight” rating in a research report on Monday, October 19th. Weiss Ratings lowered shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, September 24th. Finally, Royal Bank Of Canada boosted their price target on shares of LTC Properties from $45.00 to $52.00 and gave the stock an “outperform” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, LTC Properties currently has a consensus rating of “Moderate Buy” and an average target price of $47.40.

LTC Properties Trading Up 1.4%

NYSE LTC opened at $46.42 on Tuesday. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 16.48 and a beta of 0.55. The stock’s 50 day moving average price is $42.81 and its two-hundred day moving average price is $39.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 8.60 and a current ratio of 8.60. LTC Properties has a 52 week low of $33.64 and a 52 week high of $46.92.

LTC Properties (NYSE:LTC) last released 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. The firm had revenue of $114.08 million during the quarter, compared to the consensus estimate of $86.30 million. LTC Properties had a return on equity of 40.82% and a net margin of 127.38%. The business’s revenue was up 66.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 EPS. As a group, analysts anticipate that LTC Properties will post 2.77 earnings per share for the current fiscal year.

Insider Activity at LTC Properties

In related news, Director David Gruber acquired 3,500 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $38.30 per share, for a total transaction of $134,050.00. Following the completion of the acquisition, the director directly owned 47,545 shares in the company, valued at approximately $1,820,973.50. This trade represents a 7.95% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On LTC Properties

Several large investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in shares of LTC Properties during the 2nd quarter worth about $345,915,000. Alyeska Investment Group L.P. bought a new position in LTC Properties in the 2nd quarter valued at about $34,396,000. Advisors Capital Management LLC bought a new position in LTC Properties in the 2nd quarter valued at about $31,148,000. Wellington Management Group LLP raised its holdings in LTC Properties by 21.1% in the 2nd quarter. Wellington Management Group LLP now owns 728,696 shares of the real estate investment trust’s stock valued at $28,018,000 after acquiring an additional 126,884 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in LTC Properties by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 676,970 shares of the real estate investment trust’s stock worth $25,157,000 after acquiring an additional 20,864 shares during the last quarter. 69.25% of the stock is owned by institutional investors.

LTC Properties News Summary

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.