LTC Properties, Inc. (LTC) Reaches $40.39 52 Week Low; Brinker Capital Boosted By $3.88 Million Its Broadridge Finl (BR) Holding

January 14, 2018 - By Michael Collier

Brinker Capital Inc increased Broadridge Finl (BR) stake by 189.25% reported in 2017Q3 SEC filing. Brinker Capital Inc acquired 48,555 shares as Broadridge Finl (BR)’s stock rose 6.96%. The Brinker Capital Inc holds 74,211 shares with $6.00M value, up from 25,656 last quarter. Broadridge Finl now has $10.96B valuation. The stock increased 0.63% or $0.59 during the last trading session, reaching $94.04. About 361,679 shares traded. Broadridge Financial Solutions, Inc. (NYSE:BR) has risen 17.08% since January 14, 2017 and is uptrending. It has outperformed by 0.38% the S&P500.

The stock of LTC Properties, Inc. (NYSE:LTC) hit a new 52-week low and has $37.97 target or 6.00% below today’s $40.39 share price. The 8 months bearish chart indicates high risk for the $1.60 billion company. The 1-year low was reported on Jan, 14 by Barchart.com. If the $37.97 price target is reached, the company will be worth $95.88M less. The stock decreased 1.58% or $0.65 during the last trading session, reaching $40.39. About 251,815 shares traded or 9.67% up from the average. LTC Properties, Inc. (NYSE:LTC) has risen 5.46% since January 14, 2017 and is uptrending. It has underperformed by 11.24% the S&P500.

Since December 15, 2017, it had 1 buying transaction, and 2 sales for $113,459 activity. The insider PIECZYNSKI JAMES bought 2,000 shares worth $87,200. Hendrickson Boyd W sold $70,605 worth of stock or 1,500 shares.

Among 10 analysts covering LTC Properties (NYSE:LTC), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. LTC Properties had 28 analyst reports since August 21, 2015 according to SRatingsIntel. Mizuho maintained the shares of LTC in report on Wednesday, November 4 with “Buy” rating. The firm has “Sell” rating by BMO Capital Markets given on Monday, October 16. BMO Capital Markets maintained LTC Properties, Inc. (NYSE:LTC) on Monday, July 3 with “Hold” rating. The stock has “Hold” rating by RBC Capital Markets on Monday, July 31. The stock of LTC Properties, Inc. (NYSE:LTC) has “Buy” rating given on Monday, September 21 by Mizuho. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, October 22. The firm earned “Hold” rating on Friday, August 11 by Stifel Nicolaus. The stock of LTC Properties, Inc. (NYSE:LTC) has “Hold” rating given on Wednesday, September 13 by Stifel Nicolaus. Cantor Fitzgerald maintained LTC Properties, Inc. (NYSE:LTC) rating on Monday, November 13. Cantor Fitzgerald has “Buy” rating and $52.0 target. The stock of LTC Properties, Inc. (NYSE:LTC) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets.

Analysts await LTC Properties, Inc. (NYSE:LTC) to report earnings on February, 28. They expect $0.75 EPS, down 3.85% or $0.03 from last year’s $0.78 per share. LTC’s profit will be $29.67 million for 13.46 P/E if the $0.75 EPS becomes a reality. After $0.76 actual EPS reported by LTC Properties, Inc. for the previous quarter, Wall Street now forecasts -1.32% negative EPS growth.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.49, from 1.5 in 2017Q2. It dropped, as 23 investors sold LTC Properties, Inc. shares while 64 reduced holdings. 27 funds opened positions while 61 raised stakes. 29.49 million shares or 6.13% less from 31.42 million shares in 2017Q2 were reported. Schwab Charles Management owns 396,873 shares or 0.02% of their US portfolio. Price T Rowe Assocs Md reported 18,064 shares. Koch invested in 0.05% or 4,467 shares. Credit Suisse Ag holds 107,350 shares. Moreover, Hsbc Hldgs Public has 0% invested in LTC Properties, Inc. (NYSE:LTC). Jefferies Gru Lc owns 0.01% invested in LTC Properties, Inc. (NYSE:LTC) for 21,595 shares. 13,100 were accumulated by Teachers Retirement Of The State Of Kentucky. 5,353 were reported by Gsa Cap Prtnrs Ltd Liability Partnership. Hl Finance Svcs Limited Liability Co holds 0% or 4,558 shares in its portfolio. Nomura Asset Ltd has 23,170 shares. D E Shaw & owns 0% invested in LTC Properties, Inc. (NYSE:LTC) for 6,618 shares. Ubs Asset Management Americas Incorporated reported 77,789 shares or 0% of all its holdings. Advsrs Asset has 2,208 shares for 0% of their portfolio. Quantbot Ltd Partnership reported 2,962 shares stake. Raymond James Fincl Services stated it has 4,794 shares.

LTC Properties, Inc. operates as a health care real estate investment trust in the United States. The company has market cap of $1.60 billion. It invests in senior housing and long term healthcare properties, including skilled nursing properties, assisted living properties, independent living properties, and combinations through mortgage loans, property lease transactions, and other investments. It has a 18.12 P/E ratio. The Company’s portfolio consists of 89 skilled nursing properties, 102 assisted living properties, 14 other senior housing properties, 2 schools, and a parcel of land under development.

Brinker Capital Inc decreased Hudson (NASDAQ:HDSN) stake by 62,797 shares to 20,423 valued at $160,000 in 2017Q3. It also reduced Vertex (NASDAQ:VRTX) stake by 2,413 shares and now owns 9,819 shares. Middleby Corp (NASDAQ:MIDD) was reduced too.

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