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

About BlackRock LT Municipal Advantage Trust

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
  • Exchange: NYSE
  • Symbol: BTA
  • CUSIP:
Key Metrics:
  • Previous Close: $11.36
  • 50 Day Moving Average: $11.47
  • 200 Day Moving Average: $11.96
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $N/A
Additional Links:
Companies Related to BlackRock LT Municipal Advantage Trust:

Analyst Ratings

Consensus Ratings for BlackRock LT Municipal Advantage Trust (NYSE:BTA) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.53)
Consensus Price Target: $423.29 (3,632.68% upside)

Analysts' Ratings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017Jefferies Group LLCLower Price TargetHoldGBX 400 -> GBX 325View Rating Details
2/9/2017J P Morgan Chase & CoReiterated RatingNeutralGBX 330View Rating Details
2/7/2017HSBC Holdings plcReiterated RatingBuyGBX 425View Rating Details
1/30/2017MacquarieReiterated RatingNeutralGBX 270View Rating Details
1/30/2017Barclays PLCReiterated RatingOverweightGBX 475View Rating Details
1/25/2017BNP ParibasReiterated RatingNeutralGBX 330View Rating Details
1/25/2017Deutsche Bank AGReiterated RatingSellGBX 325View Rating Details
1/11/2017Morgan StanleyReiterated RatingOverweightGBX 490View Rating Details
11/2/2016Societe GeneraleReiterated RatingBuyGBX 500View Rating Details
10/18/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuyGBX 560View Rating Details
10/10/2016Berenberg BankReiterated RatingBuyGBX 506View Rating Details
8/10/2016Credit Suisse GroupReiterated RatingNeutralGBX 400View Rating Details
7/29/2016Royal Bank Of CanadaReiterated RatingOutperformGBX 550View Rating Details
6/27/2016Citigroup Inc.Reiterated RatingBuyGBX 440View Rating Details
5/5/2016Bank of America CorpReiterated RatingOverweightView Rating Details
2/2/2016NomuraReiterated RatingNeutralGBX 525View Rating Details
7/31/2015Charles StanleyReiterated RatingaccumulateView Rating Details
(Data available from 2/19/2015 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)
Annual Dividend:$0.65
Dividend Yield:5.73%
Dividend Growth:-3.40% (3 Year Average)
Payout Ratio:

Dividend History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History 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

Latest Headlines for BlackRock LT Municipal Advantage Trust (NYSE:BTA)
DateHeadline
marketexclusive.com logoAnalyst Activity – Jefferies Group LLC Lowers Its Price Target On BlackRock LT Municipal Advantage Trust (NYSE:BTA) to GBX 325 (NYSE:BTA)
marketexclusive.com - February 17 at 3:33 PM
finance.yahoo.com logoBLACKROCK LONG-TERM MUNICIPAL ADVANTAGE TRUST Financials (NYSE:BTA)
finance.yahoo.com - December 28 at 4:01 PM
News IconRating Change: Jefferies International Reconfirms a “Hold” Rating on BT Group PLC (LON:BTA) and GBX 385.00 Target (NYSE:BTA)
www.whatsonthorold.com - December 1 at 4:07 PM
sg.finance.yahoo.com logoSky customer growth slows as new products take priority (NYSE:BTA)
sg.finance.yahoo.com - April 21 at 6:38 AM
thestreet.com logoInvestors Seeking High Yield Should Try Closed-End Funds (NYSE:BTA)
www.thestreet.com - April 24 at 6:19 PM

Social

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 Thursday, February 2nd. Investors of record on Wednesday, February 15th will be given a dividend of $0.054 per share on Wednesday, March 1st. This represents a $0.65 annualized dividend and a yield of 5.71%. The ex-dividend date is Monday, February 13th.

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

15 brokers have issued 12-month price targets for BlackRock LT Municipal Advantage Trust's shares. Their predictions range from $270.00 to $560.00. On average, they expect BlackRock LT Municipal Advantage Trust's stock price to reach $423.29 in the next twelve months.

Who owns BlackRock LT Municipal Advantage Trust stock?

BlackRock LT Municipal Advantage Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Guggenheim Capital LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Van ECK Associates Corp (0.00%) and First Allied Advisory Services Inc. (0.00%). Company insiders that own BlackRock LT Municipal Advantage Trust stock include Jerrold B Harris and Peter Hayes.

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 Van ECK Associates Corp, Guggenheim Capital LLC and Raymond James Financial Services Advisors Inc..

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 First Allied Advisory Services Inc.. Company insiders that have bought BlackRock LT Municipal Advantage Trust stock in the last two years include Jerrold B Harris and Peter Hayes.

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 $11.34.

BlackRock LT Municipal Advantage Trust (NYSE:BTA) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Earnings History Chart

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

Dividend History Chart

Dividend Payments by Quarter for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Last Updated on 2/19/2017 by MarketBeat.com Staff