The Manufacturers Life Insurance Company Acquires Shares of 23,899 LTC Properties, Inc. $LTC

Posted by Brenda Bartman on Sep 6th, 2026

The Manufacturers Life Insurance Company bought a new position in shares of LTC Properties, Inc. (NYSE:LTC – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 23,899 shares of the real estate investment trust’s stock, valued at approximately $919,000.

A number of other large investors have also modified their holdings of LTC. Keudell Morrison Wealth Management acquired a new stake in shares of LTC Properties in the fourth quarter valued at about $1,365,000. Vanguard Group Inc. lifted its stake in shares of LTC Properties by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 7,238,012 shares of the real estate investment trust’s stock worth $248,843,000 after buying an additional 125,889 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in LTC Properties during the fourth quarter worth about $6,556,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in LTC Properties during the second quarter worth about $1,194,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in LTC Properties by 178.2% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 129,100 shares of the real estate investment trust’s stock valued at $4,438,000 after acquiring an additional 82,700 shares in the last quarter. Hedge funds and other institutional investors own 69.25% of the company’s stock.

Insider Activity at LTC Properties

In other news, Director David Gruber purchased 3,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of $38.30 per share, for a total transaction of $134,050.00. Following the acquisition, the director directly owned 47,545 shares of the company’s stock, valued at approximately $1,820,973.50. This represents a 7.95% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Timothy Triche sold 3,125 shares of LTC Properties stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $39.54, for a total transaction of $123,562.50. Following the sale, the director directly owned 37,786 shares in the company, valued at approximately $1,494,058.44. The trade was a 7.64% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.20% of the company’s stock.

LTC Properties Trading Down 1.5%

Shares of LTC stock opened at $41.29 on Friday. The company has a current ratio of 8.60, a quick ratio of 8.60 and a debt-to-equity ratio of 0.58. LTC Properties, Inc. has a twelve month low of $33.64 and a twelve month high of $43.00. The company’s 50-day moving average price is $40.25 and its 200-day moving average price is $38.90. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 15.24 and a beta of 0.58.

LTC Properties (NYSE:LTC – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.08. LTC Properties had a net margin of 38.84% and a return on equity of 11.42%. The firm had revenue of $98.08 million during the quarter, compared to analysts’ expectations of $79.01 million. During the same period last year, the business earned $0.68 earnings per share. LTC Properties’s revenue 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. As a group, equities analysts predict that LTC Properties, Inc. will post 2.78 earnings per share for the current year.

LTC Properties Dividend Announcement

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

Analyst Ratings Changes

LTC has been the subject of a number of recent research reports. Citigroup reiterated a “market outperform” rating on shares of LTC Properties in a report on Wednesday, June 10th. Nomura upgraded LTC Properties to a “neutral” rating in a report on Friday, August 14th. Royal Bank Of Canada upgraded LTC Properties from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $41.00 to $45.00 in a research report on Friday, August 14th. Wells Fargo & Company increased their price target on LTC Properties from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Tuesday. Finally, Cantor Fitzgerald reduced their price objective on LTC Properties from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Get Our Latest Report on LTC

LTC Properties Company 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.