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:
  • Sector: Finance
  • Industry: Closed-End Fund - Debt
  • Sub-Industry: N/A
  • Symbol: NYSE:BTA
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $11.67
  • 200 Day Moving Avg: $11.43
  • 52 Week Range: $10.73 - $13.44
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Misc:
  • Average Volume: 37,686 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 announced a dividend on Thursday, May 11th. Stockholders of record on Thursday, August 10th will be paid a dividend of $10.55 per share on Monday, September 4th. This represents a dividend yield of 3.38%. The ex-dividend date of this dividend is Thursday, August 10th. This is an increase from BlackRock LT Municipal Advantage Trust's previous dividend of $0.05. The official announcement can be accessed at this link. 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 brokers have issued 1 year price objectives for BlackRock LT Municipal Advantage Trust's stock. Their forecasts range from $260.00 to $500.00. On average, they expect BlackRock LT Municipal Advantage Trust's stock price to reach $371.64 in the next year. View Analyst Ratings for BlackRock LT Municipal Advantage Trust.

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

Who owns BlackRock LT Municipal Advantage Trust stock?

BlackRock LT Municipal Advantage Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Sit Investment Associates Inc. (0.00%), Advisors Asset Management Inc. (3.49%), UBS Group AG (1.27%), Wells Fargo & Company MN (0.00%), Mackay Shields LLC (0.99%) and Bank of Montreal Can (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 Advisors Asset Management Inc., Van ECK Associates Corp and Raymond James Financial Services Advisors 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 purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Mackay Shields LLC, UBS Group AG, First Trust Advisors LP, Doliver Capital Advisors Inc., Ameriprise Financial Inc., Cambridge Investment Research Advisors Inc. and Oppenheimer & Co. 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.

How much does a share of BlackRock LT Municipal Advantage Trust stock cost?

One share of BlackRock LT Municipal Advantage Trust stock can currently be purchased for approximately $11.77.

Analyst Ratings

Consensus Ratings for BlackRock LT Municipal Advantage Trust (NYSE:BTA) (?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $371.64 (3,057.54% upside)

Analysts' Ratings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017BNP ParibasDowngradeUnderperformGBX 260N/AView Rating Details
5/24/2017Goldman Sachs Group IncLower Price TargetNeutralGBX 350 -> GBX 340LowView Rating Details
5/15/2017Berenberg BankReiterated RatingHoldN/AView 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
5/8/2017MacquarieReiterated RatingNeutralGBX 270LowView Rating Details
4/24/2017Deutsche Bank AGReiterated RatingSellGBX 275LowView Rating Details
4/21/2017HSBC Holdings plcLower Price TargetBuyGBX 420 -> GBX 370LowView Rating Details
2/17/2017Jefferies Group LLCLower Price TargetHoldGBX 400 -> GBX 325N/AView Rating Details
2/9/2017JPMorgan Chase & Co.Reiterated RatingNeutralGBX 330N/AView Rating Details
1/11/2017Morgan StanleyReiterated RatingOverweightGBX 490N/AView Rating Details
11/2/2016Societe GeneraleReiterated RatingBuyGBX 500N/AView Rating Details
8/10/2016Credit Suisse Group AGReiterated RatingNeutralGBX 400N/AView Rating Details
6/27/2016Citigroup IncReiterated RatingBuyGBX 440N/AView Rating Details
5/5/2016Bank of America CorpReiterated RatingOverweightN/AView Rating Details
2/2/2016NomuraReiterated RatingNeutralGBX 525N/AView Rating Details
7/31/2015Charles StanleyReiterated RatingaccumulateN/AView Rating Details
(Data available from 5/25/2015 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:9/4/2017
Annual Dividend:$0.65
Dividend Yield:5.52%
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
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 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 Plans Monthly Dividend of $0.05 (BTA)
www.americanbankingnews.com - May 2 at 8:52 PM
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 Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff