David Boitano Purchases 10,000 Shares of LTC Properties (NYSE:LTC) Stock

Posted by Geri Gentry on Jun 4th, 2026

LTC Properties, Inc. (NYSE:LTC – Get Free Report) EVP David Boitano acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average cost of $34.77 per share, with a total value of $347,700.00. Following the transaction, the executive vice president directly owned 46,160 shares in the company, valued at $1,604,983.20. The trade was a 27.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

LTC Properties Stock Performance

Shares of NYSE LTC traded down $0.19 during trading hours on Thursday, hitting $34.87. 493,479 shares of the company’s stock were exchanged, compared to its average volume of 418,209. LTC Properties, Inc. has a 1-year low of $33.64 and a 1-year high of $40.80. The company has a debt-to-equity ratio of 0.73, a current ratio of 9.20 and a quick ratio of 9.20. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 14.12 and a beta of 0.57. The company’s 50-day moving average price is $38.22 and its 200-day moving average price is $37.26.

LTC Properties (NYSE:LTC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.17. The business had revenue of $94.41 million during the quarter, compared to analysts’ expectations of $72.98 million. LTC Properties had a return on equity of 10.87% and a net margin of 38.99%.The firm’s revenue was up 94.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.65 EPS. LTC Properties has set its FY 2026 guidance at 2.750-2.790 EPS. On average, sell-side analysts expect that LTC Properties, Inc. will post 2.77 earnings per share for the current fiscal year.

LTC Properties Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd will be issued a $0.19 dividend. The ex-dividend date of this dividend is Monday, June 22nd. This represents a c) annualized dividend and a yield of 6.5%. LTC Properties’s dividend payout ratio is 92.31%.

Wall Street Analysts Forecast Growth

LTC has been the subject of several recent research reports. Royal Bank Of Canada upped their price target on LTC Properties from $38.00 to $41.00 and gave the company a “sector perform” rating in a report on Friday, March 20th. Weiss Ratings raised LTC Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 8th. Wells Fargo & Company upped their price target on LTC Properties from $39.00 to $40.00 and gave the company an “equal weight” rating in a report on Monday. Finally, Cantor Fitzgerald cut their price target on LTC Properties from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.60.

View Our Latest Analysis on LTC Properties

Institutional Investors Weigh In On LTC Properties

A number of large investors have recently bought and sold shares of the business. ProShare Advisors LLC grew its position in LTC Properties by 3.4% during the 4th quarter. ProShare Advisors LLC now owns 8,874 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 291 shares during the last quarter. Jones Financial Companies Lllp grew its position in LTC Properties by 75.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 700 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 300 shares during the last quarter. Maryland State Retirement & Pension System grew its position in LTC Properties by 5.0% during the 4th quarter. Maryland State Retirement & Pension System now owns 7,028 shares of the real estate investment trust’s stock worth $242,000 after acquiring an additional 336 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in LTC Properties by 33.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,346 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 340 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its position in LTC Properties by 27.7% during the 4th quarter. Hantz Financial Services Inc. now owns 1,606 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 348 shares during the last quarter. 69.25% of the stock is currently owned by institutional investors.

LTC Properties Company Profile

(Get 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.