News headlines about BlackRock LT Municipal Advantage Trust (NYSE:BTA) have trended positive on Thursday, according to AlphaOne. AlphaOne, a service of Accern, scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a coverage optimism score of 0.27 on AlphaOne’s scale. AlphaOne also assigned media coverage about the financial services provider an impact score of 94 out of 100, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the near term.

BlackRock LT Municipal Advantage Trust (NYSE:BTA) traded down 0.17% during midday trading on Thursday, hitting $11.67. The company had a trading volume of 38,596 shares. The company has a market capitalization of $156.63 million and a P/E ratio of 10.51. BlackRock LT Municipal Advantage Trust has a 52 week low of $10.73 and a 52 week high of $13.44. The stock has a 50 day moving average price of $11.45 and a 200 day moving average price of $11.50.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 1st. Stockholders of record on Thursday, April 13th will be given a $0.0545 dividend. The ex-dividend date is Tuesday, April 11th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.60%.

BTA has been the topic of several research analyst reports. HSBC Holdings plc reduced their target price on BlackRock LT Municipal Advantage Trust from GBX 480 ($6.04) to GBX 425 ($5.35) and set a “buy” rating on the stock in a research note on Wednesday, January 25th. Barclays PLC reissued an “overweight” rating and set a GBX 475 ($5.98) target price on shares of BlackRock LT Municipal Advantage Trust in a research note on Monday, January 30th. Morgan Stanley reissued an “overweight” rating and set a GBX 490 ($6.17) target price on shares of BlackRock LT Municipal Advantage Trust in a research note on Wednesday, January 11th. BNP Paribas reissued a “neutral” rating and set a GBX 330 ($4.15) target price on shares of BlackRock LT Municipal Advantage Trust in a research note on Wednesday, January 25th. Finally, JPMorgan Chase & Co. reduced their target price on BlackRock LT Municipal Advantage Trust from GBX 390 ($4.91) to GBX 330 ($4.15) and set a “neutral” rating on the stock in a research note on Wednesday, January 25th. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and an average price target of $423.29.

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About BlackRock LT Municipal Advantage Trust

BlackRock Long-Term Municipal Advantage Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are exempt from federal income tax (except that the interest may be subject to the federal alternative minimum tax).

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