Notable Insider Trading: LTC Properties, Inc. $LTC

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LTC Properties, Inc. (NYSE:LTC) insider have most recently took part in a trading activity. On Jan 3, 2018 Pieczynski James, Director bought 2,000 shares having total worth of $87,200 at the price of $43.6 per share, following the transaction a total of 17,974 shares owned by Pieczynski James.

The stock has experienced a total of 3 insider trades in the past three months. These trades include 3 sell activities .Furthermore, over the past 12 months , the stock was traded 4 times by insiders. In 4 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 3 -8.46%
12 Month 0 4 -17.86%

Shares of LTC Properties, Inc. (NYSE:LTC) traded up 0.41% on Jan 2, 2018, hitting $43.73. 198,868 shares of the company’s stock traded hands. LTC Properties, Inc. has a 52 week low of $43.27 and a 52 week high of $54.18. The company’s market cap is $2,040 million.

LTC Properties, Inc. (NYSE:LTC) last announced its earnings results on Nov 8, 2017. The company reported 0.76 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.50 by $0.26. The company had revenue of $33 million for the quarter, compared to the consensus estimate of $34 million. During the same quarter in the previous year, the company posted 0.76 earnings per share. The company’s revenue for the quarter was down 2% on a year-over-year basis.

2017-11-08 2017-08-09 2017-05-08 2017-02-22 2016-11-02 2016-08-01 2016-05-02 2016-02-22 2015-11-02 2015-08-05
earnings per share 0.76 0.79 0.78 0.78 0.76 0.77 0.76 0.74 0.73 0.67
Revenue(M) 33.23 35.27 35.04 42.14 33.75 33.07 31.88 37.39 34.94 27.12

LTC Properties, Inc., .a Maryland Corporation was incorporated on May 12, 1992. The Company is a self-administered health care real estate investment trust (or REIT) that invests mainly in long-term care and other health care related properties through mortgage loans, property lease transactions and other investments. Its primary objectives are to sustain and enhance stockholder equity value and provide current income for distribution to stockholders through real estate investments in long-term care properties and other health care related properties managed by experienced operators. It invests in properties that provide opportunity for additional value and current returns to its stockholders and diversify its investment portfolio by geographic location, operator and form of investment. Its primary senior housing and long term care property types include skilled nursing properties (or SNF), assisted living properties (or ALF), independent living properties (or ILF), memory care properties (or MC) and combinations thereof. Skilled nursing facilities provide restorative, rehabilitative and nursing care for people not requiring the more extensive and sophisticated treatment available at acute care hospitals. Many skilled nursing facilities provide ancillary services that include occupational, speech, physical, respiratory and IV therapies, as well as sub-acute care services which are paid either by the patient, the patient’s family, private health insurance, or through the federal Medicare or state Medicaid programs. Assisted living facilities serve elderly persons who require assistance with activities of daily living, but do not require the constant supervision skilled nursing facilities provide. Independent living facilities, also known as retirement communities or senior apartments, offer a sense of community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on-site security and emergency response programs . Memory care facilities offer specialized options for seniors with Alzheimer’s disease and other forms of dementia In the health care industry, it competes for real property investments with health care providers, other health care related REITs, real estate partnerships, banks, private equity funds, venture capital funds and other investors. The health care industry is heavily regulated by the government.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.