Deutsche Bank AG grew its holdings in shares of LTC Properties Inc (NYSE:LTC) by 111.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,776 shares of the real estate investment trust’s stock after buying an additional 93,195 shares during the period. Deutsche Bank AG owned 0.45% of LTC Properties worth $7,366,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. We Are One Seven LLC purchased a new position in shares of LTC Properties in the 4th quarter worth about $27,000. Quantamental Technologies LLC purchased a new position in shares of LTC Properties in the 4th quarter worth about $28,000. Macroview Investment Management LLC purchased a new position in shares of LTC Properties in the 4th quarter worth about $33,000. Dubuque Bank & Trust Co. raised its position in shares of LTC Properties by 665.0% in the 4th quarter. Dubuque Bank & Trust Co. now owns 1,224 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,064 shares during the last quarter. Finally, Private Capital Group LLC raised its position in shares of LTC Properties by 28.5% in the 4th quarter. Private Capital Group LLC now owns 1,524 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 338 shares during the last quarter. Hedge funds and other institutional investors own 76.97% of the company’s stock.

Shares of NYSE:LTC opened at $44.00 on Monday. LTC Properties Inc has a fifty-two week low of $34.46 and a fifty-two week high of $48.13. The company has a quick ratio of 9.97, a current ratio of 9.97 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 3.64 and a beta of 0.49.

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 20th will be given a $0.19 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date is Wednesday, June 19th. LTC Properties’s dividend payout ratio (DPR) is 74.51%.

Several equities analysts have recently issued reports on LTC shares. ValuEngine lowered LTC Properties from a “buy” rating to a “hold” rating in a research report on Monday, February 25th. Zacks Investment Research lowered LTC Properties from a “buy” rating to a “hold” rating in a research report on Thursday, February 21st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $44.40.

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LTC Properties Profile

LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 30 operating partners.

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Institutional Ownership by Quarter for LTC Properties (NYSE:LTC)

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