LTC Properties, Inc. (LTC) Is At $43.48 Formed Wedge; 6 Analysts Bullish Cabot (CBT)

LTC Properties, Inc. (LTC) formed wedge down with $40.87 target or 6.00% below today’s $43.48 share price. LTC Properties, Inc. (LTC) has $1.72B valuation. The stock increased 0.07% or $0.03 during the last trading session, reaching $43.48. About 142,099 shares traded. LTC Properties, Inc. (NYSE:LTC) has risen 5.46% since December 28, 2016 and is uptrending. It has underperformed by 11.24% the S&P500.

Among 9 analysts covering Cabot (NYSE:CBT), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Cabot had 21 analyst reports since August 13, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of CBT in report on Tuesday, October 31 with “Hold” rating. Zacks upgraded the shares of CBT in report on Tuesday, September 1 to “Sell” rating. The firm earned “Overweight” rating on Tuesday, August 15 by JP Morgan. The rating was maintained by Deutsche Bank on Friday, August 12 with “Hold”. On Monday, April 11 the stock rating was downgraded by KeyBanc Capital Markets to “Sector Weight”. Suntrust Robinson upgraded Cabot Corporation (NYSE:CBT) on Tuesday, December 19 to “Buy” rating. The company was initiated on Thursday, December 10 by BB&T Capital. As per Thursday, July 13, the company rating was maintained by Jefferies. Deutsche Bank maintained the shares of CBT in report on Thursday, August 13 with “Hold” rating. As per Tuesday, August 15, the company rating was upgraded by J.P. Morgan. See Cabot Corporation (NYSE:CBT) latest ratings:

19/12/2017 Broker: Suntrust Robinson Old Rating: Hold New Rating: Buy Upgrade
19/12/2017 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
02/11/2017 Broker: Jefferies Rating: Buy New Target: $74.0 Maintain
31/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
10/10/2017 Broker: Jefferies Rating: Buy New Target: $68.0 Maintain
29/09/2017 Broker: Loop Capital Rating: Hold New Target: $59 Initiates Coverage On
06/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
14/08/2017 Broker: Jefferies Rating: Buy New Target: $68.0 Maintain
15/08/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade
15/08/2017 Broker: J.P. Morgan Rating: Buy New Target: $57.0000 Upgrade

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.49, from 1.5 in 2017Q2. It worsened, 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. Ameritas Investment Prns has 0.01% invested in LTC Properties, Inc. (NYSE:LTC) for 3,456 shares. Daiwa Grp Incorporated invested in 3,900 shares or 0% of the stock. 5,299 were accumulated by Hsbc Public Ltd Com. Tiaa Cref Invest Ltd Liability Com has 138,716 shares for 0% of their portfolio. Wells Fargo & Mn has 0% invested in LTC Properties, Inc. (NYSE:LTC) for 116,698 shares. Credit Suisse Ag owns 107,350 shares for 0% of their portfolio. 491,882 are owned by Invesco Limited. First State Bank Of Omaha has 62,424 shares for 0.18% of their portfolio. Vanguard Group Incorporated holds 6.53M shares. Moreover, Valley Natl Advisers Inc has 0% invested in LTC Properties, Inc. (NYSE:LTC) for 245 shares. Arizona State Retirement System has invested 0.01% in LTC Properties, Inc. (NYSE:LTC). Benjamin F Edwards And Commerce accumulated 510 shares or 0% of the stock. Texas Permanent School Fund has invested 0.02% in LTC Properties, Inc. (NYSE:LTC). Alliancebernstein Limited Partnership reported 0% stake. Hutchin Hill Cap Ltd Partnership holds 0.02% of its portfolio in LTC Properties, Inc. (NYSE:LTC) for 8,500 shares.

Analysts await LTC Properties, Inc. (NYSE:LTC) to report earnings on February, 28. They expect $0.75 earnings per share, down 3.85% or $0.03 from last year’s $0.78 per share. LTC’s profit will be $29.69M for 14.49 P/E if the $0.75 EPS becomes a reality. After $0.76 actual earnings per share reported by LTC Properties, Inc. for the previous quarter, Wall Street now forecasts -1.32% negative EPS growth.

Since December 15, 2017, it had 0 insider buys, and 2 selling transactions for $200,659 activity. Another trade for 1,500 shares valued at $70,605 was sold by Hendrickson Boyd W.

Among 10 analysts covering LTC Properties (NYSE:LTC), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. LTC Properties had 27 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, July 3 by BMO Capital Markets. On Monday, September 21 the stock rating was upgraded by Mizuho to “Buy”. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, September 13. As per Monday, July 18, the company rating was downgraded by Mizuho. The stock of LTC Properties, Inc. (NYSE:LTC) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, November 21. As per Monday, November 13, the company rating was maintained by Cantor Fitzgerald. The company was maintained on Wednesday, November 4 by Mizuho. Canaccord Genuity maintained the stock with “Buy” rating in Monday, August 15 report. The rating was maintained by KeyBanc Capital Markets on Friday, September 15 with “Hold”. On Monday, September 18 the stock rating was maintained by RBC Capital Markets with “Hold”.

Cabot Corporation operates as a specialty chemicals and performance materials company. The company has market cap of $3.84 billion. The firm offers carbon black, a form of elemental carbon used to enhance the physical properties of the systems and applications in which it is incorporated; and rubber blacks for use as a rubber reinforcing agent and performance additive in tires, hoses, belts, extruded profiles, and molded goods. It has a 16.3 P/E ratio. It also provides compounds of carbon black and rubber primarily for tire applications; and cesium formate, a drilling and completion fluid for use in high pressure and high temperature gas and oil well construction.

Since September 14, 2017, it had 0 insider buys, and 1 insider sale for $207,207 activity. Kalkstein Hobart sold 3,881 shares worth $207,207.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.26, from 1.25 in 2017Q2. It is negative, as 24 investors sold Cabot Corporation shares while 89 reduced holdings. 32 funds opened positions while 80 raised stakes. 51.85 million shares or 0.30% more from 51.70 million shares in 2017Q2 were reported. Boston Prtnrs holds 218,116 shares or 0.02% of its portfolio. Tudor Invest Et Al holds 0.02% or 14,267 shares. Aperio Ltd Co has invested 0.01% in Cabot Corporation (NYSE:CBT). Lorber David A accumulated 0.15% or 234 shares. Northern Tru reported 993,121 shares stake. Lsv Asset Management owns 0.28% invested in Cabot Corporation (NYSE:CBT) for 3.05 million shares. Strategic Advsr Ltd Co stated it has 7,541 shares. Aureus Asset Mngmt Lc has 132,424 shares for 1.17% of their portfolio. Group has invested 0.03% of its portfolio in Cabot Corporation (NYSE:CBT). Cubist Systematic Strategies Llc has 16,376 shares for 0.05% of their portfolio. Pnc Fin Grp Incorporated Incorporated invested in 0% or 2,473 shares. Ameritas Prtnrs Inc holds 0.05% or 18,696 shares. Centurylink Mngmt reported 25,055 shares stake. Louisiana State Employees Retirement Systems invested 0.04% in Cabot Corporation (NYSE:CBT). First Quadrant Ltd Partnership Ca accumulated 457,823 shares or 0.49% of the stock.

The stock decreased 0.29% or $0.18 during the last trading session, reaching $61.95. About 503,326 shares traded or 41.08% up from the average. Cabot Corporation (NYSE:CBT) has risen 15.44% since December 28, 2016 and is uptrending. It has underperformed by 1.26% the S&P500.