BlackRock LT Municipal Advantage Trust Company Profile (NYSE:BTA)

About BlackRock LT Municipal Advantage Trust (NYSE:BTA)

BlackRock LT Municipal Advantage Trust logoBlackRock 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). The Trust invests primarily in long-term municipal bonds with a maturity of more than 10 years at the time of investment. The Trust's municipal bond portfolio will have a dollar-weighted average maturity of more than 10 years. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors, LLC is the investment manager of the Trust.

Industry, Sector and Symbol: Average Prices:
  • 50 Day Moving Avg: $12.17
  • 200 Day Moving Avg: $11.83
  • 52 Week Range: $10.73 - $12.87
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Profitability:
  • Net Margins: -45.66%
  • Return on Equity: -3.37%
  • Return on Assets: -2.00%
Misc:
  • Average Volume: 41,816 shs.
 

Frequently Asked Questions for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

What is BlackRock LT Municipal Advantage Trust's stock symbol?

BlackRock LT Municipal Advantage Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "BTA."

How often does BlackRock LT Municipal Advantage Trust pay dividends? What is the dividend yield for BlackRock LT Municipal Advantage Trust?

BlackRock LT Municipal Advantage Trust declared a monthly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be paid a dividend of $0.054 per share on Monday, October 2nd. This represents a $0.65 annualized dividend and a yield of 5.22%. The ex-dividend date is Thursday, September 14th. View BlackRock LT Municipal Advantage Trust's Dividend History.

Where is BlackRock LT Municipal Advantage Trust's stock going? Where will BlackRock LT Municipal Advantage Trust's stock price be in 2017?

14 brokerages have issued 12-month target prices for BlackRock LT Municipal Advantage Trust's stock. Their predictions range from $260.00 to $500.00. On average, they expect BlackRock LT Municipal Advantage Trust's stock price to reach $360.36 in the next twelve months. View Analyst Ratings for BlackRock LT Municipal Advantage Trust.

Who are some of BlackRock LT Municipal Advantage Trust's key competitors?

Who are BlackRock LT Municipal Advantage Trust's key executives?

BlackRock LT Municipal Advantage Trust's management team includes the folowing people:

  • Richard E. Cavanagh, Independent Chairman of the Board of Trustees
  • John M. Perlowski, President, Chief Executive Officer
  • Karen P. Robards, Independent Vice Chairman of the Board of Trustees
  • Neal J. Andrews, Chief Financial Officer
  • Charles C. S. Park, Chief Compliance Officer, Anti-Money Laundering Officer
  • Robert W. Crothers, Vice President
  • Brendan Kyne, Vice President
  • Jay M. Fife, Treasurer
  • Janey Ahn, Secretary
  • Paul L. Audet, Independent Trustee

Who owns BlackRock LT Municipal Advantage Trust stock?

BlackRock LT Municipal Advantage Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Sit Investment Associates Inc. (0.00%), Advisors Asset Management Inc. (0.00%), Wells Fargo & Company MN (0.00%), Bank of Montreal Can (0.00%), Tradewinds Capital Management LLC (0.00%) and First Trust Advisors LP (0.00%). Company insiders that own BlackRock LT Municipal Advantage Trust stock include Jerrold B Harris and Peter Hayes. View Institutional Ownership Trends for BlackRock LT Municipal Advantage Trust.

Who sold BlackRock LT Municipal Advantage Trust stock? Who is selling BlackRock LT Municipal Advantage Trust stock?

BlackRock LT Municipal Advantage Trust's stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Sit Investment Associates Inc. and Oppenheimer & Co. Inc.. View Insider Buying and Selling for BlackRock LT Municipal Advantage Trust.

Who bought BlackRock LT Municipal Advantage Trust stock? Who is buying BlackRock LT Municipal Advantage Trust stock?

BlackRock LT Municipal Advantage Trust's stock was acquired by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Wells Fargo & Company MN, First Trust Advisors LP, First Allied Advisory Services Inc., Van ECK Associates Corp, Raymond James Financial Services Advisors Inc., Advisors Asset Management Inc. and Ameriprise Financial Inc.. Company insiders that have bought BlackRock LT Municipal Advantage Trust stock in the last two years include Jerrold B Harris and Peter Hayes. View Insider Buying and Selling for BlackRock LT Municipal Advantage Trust.

How do I buy BlackRock LT Municipal Advantage Trust stock?

Shares of BlackRock LT Municipal Advantage Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackRock LT Municipal Advantage Trust's stock price today?

One share of BlackRock LT Municipal Advantage Trust stock can currently be purchased for approximately $12.41.


MarketBeat Community Rating for BlackRock LT Municipal Advantage Trust (NYSE BTA)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  587
MarketBeat's community ratings are surveys of what our community members think about BlackRock LT Municipal Advantage Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for BlackRock LT Municipal Advantage Trust (NYSE:BTA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $360.36 (2,803.76% upside)

Analysts' Ratings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/14/2017MacquarieReiterated RatingOutperformGBX 355LowView Rating Details
9/15/2017Credit Suisse GroupReiterated RatingNeutralGBX 320LowView Rating Details
9/13/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutralLowView Rating Details
8/7/2017Numis Securities LtdReiterated RatingBuyGBX 390LowView Rating Details
8/2/2017Deutsche Bank AGReiterated RatingSellGBX 265LowView Rating Details
7/5/2017J P Morgan Chase & CoLower Price TargetNeutralGBX 330 -> GBX 290LowView Rating Details
6/12/2017Berenberg BankLower Price TargetHoldGBX 343 -> GBX 325LowView Rating Details
5/31/2017Jefferies Group LLCLower Price TargetHoldGBX 325 -> GBX 280LowView Rating Details
5/25/2017BNP ParibasDowngradeUnderperformGBX 260LowView Rating Details
5/12/2017Royal Bank Of CanadaLower Price TargetOutperformGBX 425 -> GBX 410LowView Rating Details
5/12/2017Barclays PLCLower Price TargetOverweightGBX 475 -> GBX 450LowView Rating Details
4/21/2017HSBC Holdings plcLower Price TargetBuyGBX 420 -> GBX 370LowView Rating Details
1/11/2017Morgan StanleyReiterated RatingOverweightGBX 490N/AView Rating Details
11/2/2016Societe GeneraleReiterated RatingBuyGBX 500N/AView Rating Details
6/27/2016Citigroup Inc.Reiterated RatingBuyGBX 440N/AView Rating Details
5/5/2016Bank of America CorporationReiterated RatingOverweightN/AView Rating Details
2/2/2016NomuraReiterated RatingNeutralGBX 525N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Next Dividend:10/2/2017
Annual Dividend:$0.65
Dividend Yield:5.24%
Dividend Growth:-3.40% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Dividend History by Quarter for BlackRock LT Municipal Advantage Trust (NYSE BTA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/1/2017Monthly$0.055.37%9/14/20179/15/201710/2/2017
8/2/2017Monthly$0.055.34%8/11/20178/15/20179/1/2017
7/3/2017monthly$0.055.52%7/12/20177/14/20178/1/2017
6/2/2017monthly$0.055.52%6/13/20176/15/20177/3/2017
5/11/2017GBX 10.553.38%8/10/20178/10/20179/4/2017
5/2/2017monthly$0.055.58%5/11/20175/15/20176/1/2017
4/4/2017monthly$0.055.7%4/11/20174/13/20175/1/2017
3/2/2017monthly$0.055.73%3/13/20173/15/20174/3/2017
2/2/2017monthly$0.055.74%2/13/20172/15/20173/1/2017
1/4/2017monthly$0.055.74%1/11/20171/13/20172/1/2017
12/2/2016$0.0512/8/201612/12/201612/30/2016
11/2/2016$0.0511/10/201611/15/201612/1/2016
10/4/2016$0.0510/12/201610/14/201611/1/2016
9/2/2016$0.059/13/20169/15/201610/3/2016
8/2/2016$0.058/11/20168/15/20169/1/2016
7/5/2016$0.057/13/20167/15/20168/1/2016
6/2/2016$0.056/13/20166/15/20167/1/2016
5/3/2016$0.065/12/20165/16/20166/1/2016
4/4/2016$0.064/13/20164/15/20165/2/2016
3/2/2016$0.063/11/20163/15/20164/1/2016
2/2/2016$0.062/11/20162/16/20163/1/2016
1/5/2016$0.061/13/20161/15/20162/1/2016
12/2/2015$0.0612/10/201512/14/201512/31/2015
11/3/2015$0.0611/12/201511/16/201512/1/2015
7/2/2015monthly$0.066.49%7/13/20157/15/20158/3/2015
6/2/2015monthly$0.066.3%6/11/20156/15/20157/1/2015
5/4/2015monthly$0.066.15%5/13/20155/15/20156/1/2015
4/2/2015monthly$0.066.09%4/13/20154/15/20155/1/2015
3/3/2015monthly$0.066.12%3/11/20153/13/20154/1/2015
2/3/2015monthly$0.065.93%2/11/20152/13/20153/2/2015
1/5/2015monthly$0.066.15%1/13/20151/15/20152/2/2015
12/2/2014monthly$0.066.18%12/10/201412/12/201412/31/2014
11/4/2014monthly$0.066.17%11/12/201411/14/201412/1/2014
10/2/2014monthly$0.066.23%10/10/201410/15/201411/3/2014
9/4/2014monthly$0.066.6%9/11/20149/15/201410/1/2014
8/4/2014monthly$0.066.81%8/13/20148/15/20149/2/2014
7/2/2014monthly$0.066.68%7/11/20147/15/20148/1/2014
6/3/2014monthly$0.066.56%6/12/20146/16/20147/1/2014
5/2/2014monthly$0.066.57%5/13/20145/15/20146/2/2014
4/2/2014monthly$0.066.86%4/11/20144/15/20145/1/2014
3/4/2014monthly$0.066.88%3/12/20143/14/20144/1/2014
2/4/2014monthly$0.066.98%2/12/20142/14/20143/3/2014
1/3/2014monthly$0.067.22%1/13/20141/15/20142/3/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Insider Trades by Quarter for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Institutional Ownership by Quarter for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Insider Trades by Quarter for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/12/2016Jerrold B HarrisDirectorBuy6,000$11.71$70,260.00View SEC Filing  
1/29/2016Jerrold B HarrisDirectorBuy4,000$11.66$46,640.00View SEC Filing  
1/20/2016Peter HayesInsiderBuy1,300$11.33$14,729.00View SEC Filing  
1/5/2015Henry GabbayDirectorSell1,600$11.30$18,080.00View SEC Filing  
12/17/2013Peter HayesInsiderSell2,000$10.19$20,380.00View SEC Filing  
6/5/2013Peter HayesInsiderBuy3,000$11.63$34,890.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Latest Headlines for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Source:
DateHeadline
americanbankingnews.com logoContrasting BlackRock LT Municipal Advantage Trust (BTA) and KCAP Financial (KCAP)
www.americanbankingnews.com - September 19 at 12:36 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Given "Neutral" Rating at Credit Suisse Group
www.americanbankingnews.com - September 15 at 12:32 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust's (BTA) Outperform Rating Reaffirmed at Macquarie
www.americanbankingnews.com - September 15 at 12:32 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Receives Neutral Rating from Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - September 13 at 7:18 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Declares $0.05 Monthly Dividend
www.americanbankingnews.com - September 9 at 4:56 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Price Target Raised to GBX 355 at Macquarie
www.americanbankingnews.com - September 7 at 4:02 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 5 at 3:00 AM
americanbankingnews.com logoContrasting TPG Specialty Lending (TSLX) & BlackRock LT Municipal Advantage Trust (BTA)
www.americanbankingnews.com - September 1 at 2:44 AM
americanbankingnews.com logoComparing American Capital Senior Floating (ACSF) & BlackRock LT Municipal Advantage Trust (NYSE:BTA)
www.americanbankingnews.com - August 12 at 6:18 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 11 at 10:02 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust Plans Monthly Dividend of $0.05 (BTA)
www.americanbankingnews.com - August 3 at 12:10 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust's (NYSE:BTA) Sell Rating Reaffirmed at Deutsche Bank AG
www.americanbankingnews.com - July 24 at 11:44 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 17 at 11:58 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust's (NYSE:BTA) Sell Rating Reiterated at Deutsche Bank AG
www.americanbankingnews.com - July 11 at 11:20 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) PT Lowered to GBX 290 at J P Morgan Chase & Co
www.americanbankingnews.com - July 5 at 11:10 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) to Issue Dividend of $0.05
www.americanbankingnews.com - July 4 at 8:28 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust's (BTA) "Neutral" Rating Reiterated at Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - June 25 at 9:20 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 20 at 11:12 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) PT Lowered to GBX 325 at Berenberg Bank
www.americanbankingnews.com - June 12 at 12:32 PM
americanbankingnews.com logoDeutsche Bank AG Lowers BlackRock LT Municipal Advantage Trust (BTA) Price Target to GBX 265
www.americanbankingnews.com - June 9 at 12:50 PM
americanbankingnews.com logoTCP Capital Corp (TCPC) versus BlackRock LT Municipal Advantage Trust (BTA) Financial Comparison
www.americanbankingnews.com - June 4 at 2:04 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Declares Monthly Dividend of $0.05
www.americanbankingnews.com - June 2 at 6:56 PM
americanbankingnews.com logoJefferies Group LLC Cuts BlackRock LT Municipal Advantage Trust (BTA) Price Target to GBX 280
www.americanbankingnews.com - May 31 at 8:09 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 26 at 11:30 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Rating Lowered to Underperform at BNP Paribas
www.americanbankingnews.com - May 25 at 10:08 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Price Target Lowered to GBX 340 at Goldman Sachs Group Inc
www.americanbankingnews.com - May 24 at 9:04 AM
finance.yahoo.com logoBest ETF Strategies for Trump Uncertainty
finance.yahoo.com - May 18 at 4:01 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) PT Lowered to GBX 410
www.americanbankingnews.com - May 12 at 8:20 PM
finance.yahoo.com logoFTSE 100 adrift ahead of Bank of England’s ‘Super Thursday’ update
finance.yahoo.com - May 12 at 4:35 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) PT Lowered to GBX 450 at Barclays PLC
www.americanbankingnews.com - May 12 at 8:18 AM
finance.yahoo.com logoFTSE 100 steady after Bank of England cuts GDP growth outlook
finance.yahoo.com - May 11 at 4:37 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Plans Dividend Increase - GBX 10.55 Per Share
www.americanbankingnews.com - May 11 at 12:50 PM
americanbankingnews.com logoMacquarie Reaffirms  Neutral Rating for BlackRock LT Municipal Advantage Trust (BTA)
www.americanbankingnews.com - May 8 at 1:00 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) PT Lowered to GBX 343
www.americanbankingnews.com - May 5 at 11:16 AM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Given Media Impact Score of 0.30
www.americanbankingnews.com - May 2 at 12:20 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 1 at 3:20 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Getting Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 27 at 2:22 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Price Target Cut to GBX 350
www.americanbankingnews.com - April 25 at 12:13 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Earns Media Impact Score of 0.17
www.americanbankingnews.com - April 24 at 6:10 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust's (BTA) " Sell" Rating Reiterated at Deutsche Bank AG
www.americanbankingnews.com - April 24 at 2:12 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Price Target Cut to GBX 370 by Analysts at HSBC Holdings plc
www.americanbankingnews.com - April 21 at 10:40 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Receives Coverage Optimism Score of 0.27
www.americanbankingnews.com - April 20 at 5:27 PM
americanbankingnews.com logoBlackRock LT Municipal Advantage Trust (BTA) Announces $0.05 Monthly Dividend
www.americanbankingnews.com - April 4 at 6:51 PM
americanbankingnews.com logoShort Interest in BlackRock LT Municipal Advantage Trust (BTA) Rises By 4.8%
www.americanbankingnews.com - April 4 at 12:21 PM
finance.yahoo.com logoBLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST Financials
finance.yahoo.com - December 28 at 4:01 PM
thestreet.com logoInvestors Seeking High Yield Should Try Closed-End Funds
www.thestreet.com - April 24 at 6:19 PM

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Chart

BlackRock LT Municipal Advantage Trust (BTA) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff