Ltc Properties Inc (LTC): Clint B Malin , EVP & CIO of Ltc Properties Inc sold 2,000 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $49.52 per share for a total value of $99,033.86 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 22, 2016, Timothy Triche (director) sold 1,800 shares at $44.31 per share price.On Dec 28, 2015, Brent P. Chappell (SVP, Inv. & Portfolio Mgmt) sold 1,000 shares at $42.07 per share price.Also, On Dec 23, 2015, Pamela Shelley-kessler (EVP, CFO & Secretary) sold 10,952 shares at $41.74 per share price.On May 29, 2015, Edmund King (director) sold 250 shares at $42.40 per share price.
LTC Properties Inc: On Monday, Jun 20, 2016 heightened volatility was witnessed in LTC Properties Inc which led to swings in the share price. The shares opened for trading at $49.3 and hit $49.83 on the upside , eventually ending the session at $49.47, with a gain of 0.71% or 0.35 points. The heightened volatility saw the trading volume jump to 2,80,454 shares. The 52-week high of the share price is $50.1399 and the company has a market cap of $1,876 M . The 52-week low of the share price is at $38.64.
Company has been under the radar of several Street Analysts.LTC Properties Inc is Downgraded by RBC Capital Mkts to Sector Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 17, 2016.
LTC Properties Inc. is a health care real estate investment trust (REIT). The Company primarily invests in senior housing and long term care properties through acquisitions development mortgage loans and other investments. The Companys primary senior housing and long term healthcare property types include skilled nursing properties (SNF) assisted living properties (ALF) independent living properties (ILF) memory care properties (MC) and combinations thereof. As of December 31 2014 the Company’s portfolio includes 198 properties including 97 skilled nursing properties 92 assisted living properties eight range of care properties and others including a school and five parcels of land held for use. The Companys subsidiaries include Albuquerque Real Estate Investments Inc. Bakersfield LTC Inc. Beaumont Real Estate Investments LP Broadway Real Estate Investments Inc. BV Holding LTC Inc. and Coronado Corporation among others.