LTC Properties, Inc. $LTC Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

02 Nov 2026, 12:17 by Michael Walen · The Markets Daily

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in shares of LTC Properties, Inc. (NYSE:LTC – Free Report) by 264.9% in the third quarter, Holdings Channel reports. The firm owned 135,270 shares of the real estate investment trust’s stock after buying an additional 98,200 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in LTC Properties were worth $5,799,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of LTC Properties in the 2nd quarter valued at approximately $345,915,000. Alyeska Investment Group L.P. acquired a new position in LTC Properties in the second quarter worth approximately $34,396,000. Advisors Capital Management LLC bought a new position in LTC Properties during the second quarter valued at approximately $31,148,000. Wellington Management Group LLP raised its position in LTC Properties by 21.1% during the second 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 in the last quarter. Finally, Dimensional Fund Advisors LP raised 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 valued at $25,157,000 after acquiring an additional 20,864 shares in the last quarter. 69.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on LTC shares. Weiss Ratings downgraded shares of LTC Properties from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, September 24th. Huntington assumed coverage on shares of LTC Properties in a report on Thursday, September 10th. They set an “outperform” rating and a $47.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised shares of 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 lifted their price objective on shares of LTC Properties from $45.00 to $52.00 and gave the company an “outperform” rating in a research note on Friday, October 2nd. Finally, Wells Fargo & Company increased their target price on shares of LTC Properties from $42.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Monday, October 19th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, LTC Properties currently has a consensus rating of “Moderate Buy” and an average target price of $47.40.

Read Our Latest Analysis on LTC

Insider Activity at LTC Properties

In other LTC Properties news, Director David Gruber acquired 3,500 shares of LTC Properties stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $38.30 per share, with a total value of $134,050.00. Following the completion of the transaction, the director owned 47,545 shares of the company’s stock, valued at $1,820,973.50. The trade was a 7.95% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.20% of the stock is currently owned by company insiders.

LTC Properties Price Performance

NYSE LTC opened at $44.76 on Monday. LTC Properties, Inc. has a 1 year low of $33.64 and a 1 year high of $45.79. The company has a fifty day simple moving average of $42.48 and a 200 day simple moving average of $39.48. The company has a current ratio of 8.60, a quick ratio of 8.60 and a debt-to-equity ratio of 0.58. The company has a market cap of $2.41 billion, a P/E ratio of 16.52 and a beta of 0.55.

LTC Properties (NYSE:LTC – Get Free Report) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $0.56 EPS for the quarter, topping the consensus estimate of $0.48 by $0.08. The firm had revenue of $98.08 million for the quarter, compared to the consensus estimate of $79.01 million. LTC Properties had a net margin of 38.84% and a return on equity of 11.42%. The business’s quarterly revenue was up 63.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. LTC Properties has set its FY 2026 guidance at 2.760-2.780 EPS. On average, sell-side analysts predict that LTC Properties, Inc. will post 2.77 EPS for the current year.

LTC Properties Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Wednesday, December 23rd will be given a $0.19 dividend. This represents a $2.28 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, December 23rd. LTC Properties’s payout ratio is currently 84.13%.

LTC Properties Profile

(Free Report)

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.