Wellington Management Group LLP Buys 126,884 Shares of LTC Properties, Inc. $LTC

Posted by Brian Himes on Sep 6th, 2026

Wellington Management Group LLP lifted its stake in shares of LTC Properties, Inc. (NYSE:LTC – Free Report) by 21.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 728,696 shares of the real estate investment trust’s stock after purchasing an additional 126,884 shares during the quarter. Wellington Management Group LLP’s holdings in LTC Properties were worth $28,018,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of LTC Properties during the 2nd quarter valued at $345,915,000. Advisors Capital Management LLC acquired a new position in LTC Properties in the 2nd quarter worth about $31,148,000. Bank of New York Mellon Corp bought a new position in LTC Properties in the second quarter valued at about $20,008,000. Eversept Partners LP bought a new position in LTC Properties in the first quarter valued at about $11,930,000. Finally, Legal & General Group Plc acquired a new stake in shares of LTC Properties during the second quarter valued at about $11,300,000. 69.25% of the stock is currently owned by institutional investors.

LTC Properties Price Performance

Shares of NYSE LTC opened at $41.29 on Friday. The firm has a fifty day simple moving average of $40.25 and a 200 day simple moving average of $38.90. LTC Properties, Inc. has a twelve month low of $33.64 and a twelve month high of $43.00. The company has a quick ratio of 8.60, a current ratio of 8.60 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $2.23 billion, a PE ratio of 15.24 and a beta of 0.58.

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, beating the consensus estimate of $0.48 by $0.08. LTC Properties had a return on equity of 11.42% and a net margin of 38.84%.The company had revenue of $98.08 million for the quarter, compared to analyst estimates of $79.01 million. During the same quarter in the prior year, the company earned $0.68 EPS. The firm’s revenue for the quarter was up 63.6% compared to the same quarter last year. LTC Properties has set its FY 2026 guidance at 2.760-2.780 EPS. On average, sell-side analysts forecast that LTC Properties, Inc. will post 2.78 EPS for the current year.

LTC Properties Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 22nd will be issued a dividend of $0.19 per share. The ex-dividend date is Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 5.5%. LTC Properties’s dividend payout ratio is currently 84.13%.

Insider Activity at LTC Properties

In other LTC Properties news, Director Timothy Triche sold 3,125 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $39.54, for a total value of $123,562.50. Following the completion of the sale, the director owned 37,786 shares of the company’s stock, valued at approximately $1,494,058.44. This trade represents a 7.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director David Gruber bought 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $38.30 per share, for a total transaction of $134,050.00. Following the completion of the acquisition, the director owned 47,545 shares in the company, valued at $1,820,973.50. This represents a 7.95% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 2.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LTC shares. Royal Bank Of Canada raised LTC Properties from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $41.00 to $45.00 in a research note on Friday, August 14th. Wells Fargo & Company boosted their target price on shares of LTC Properties from $40.00 to $42.00 and gave the stock an “equal weight” rating in a report on Tuesday. Weiss Ratings restated a “buy (b)” rating on shares of LTC Properties in a research report on Wednesday, August 5th. Nomura upgraded shares of LTC Properties to a “neutral” rating in a report on Friday, August 14th. Finally, Citigroup restated a “market outperform” rating on shares of LTC Properties in a report on Wednesday, June 10th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, LTC Properties has a consensus rating of “Moderate Buy” and an average price target of $44.00.

Check Out Our Latest Stock Analysis on LTC Properties

LTC Properties Profile

(Free Report)

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.