BlackRock LT Municipal Advantage Trust Stock Price, News & Analysis (NYSE:BTA)

$12.05 0.00 (0.00 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$12.05
Today's Range$12.11 - $12.02
52-Week Range$10.73 - $12.54
Volume30,978 shs
Average Volume39,193 shs
Market Capitalization$161.74 million
P/E RatioN/A
Dividend Yield5.43%
Beta-0.05

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:
Dividend:
  • Dividend Yield: 5.4%
Profitability:
  • Trailing EPS: $0.04
  • Net Margins: -45.66%
  • Return on Equity: -3.37%
  • Return on Assets: -2.00%
Misc:
  • Outstanding Shares: 13,420,000
 

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 dividend on Thursday, November 2nd. Investors of record on Thursday, December 28th will be given a dividend of $4.85 per share on Monday, February 5th. This represents a yield of 1.96%. The ex-dividend date of this dividend is Thursday, December 28th. 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?

13 analysts have issued 12-month price targets for BlackRock LT Municipal Advantage Trust's stock. Their predictions range from $260.00 to $490.00. On average, they anticipate BlackRock LT Municipal Advantage Trust's share price to reach $343.85 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 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 (Age 71)
  • John M. Perlowski, President, Chief Executive Officer (Age 53)
  • Karen P. Robards, Independent Vice Chairman of the Board of Trustees (Age 67)
  • Neal J. Andrews, Chief Financial Officer (Age 51)
  • Charles C. S. Park, Chief Compliance Officer, Anti-Money Laundering Officer (Age 50)
  • Robert W. Crothers, Vice President (Age 36)
  • Brendan Kyne, Vice President (Age 40)
  • Jay M. Fife, Treasurer (Age 47)
  • Janey Ahn, Secretary (Age 42)
  • Paul L. Audet, Independent Trustee (Age 64)

Who owns BlackRock LT Municipal Advantage Trust stock?

BlackRock LT Municipal Advantage Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Sit Investment Associates Inc. (0.00%), Advisors Asset Management Inc. (3.10%), Wells Fargo & Company MN (1.22%), First Trust Advisors LP (0.00%), Mackay Shields LLC (0.00%) and Oppenheimer & Co. Inc. (0.09%). Company insiders that own BlackRock LT Municipal Advantage Trust stock include Jerrold B Harris, Michael Perilli 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., Sit Investment Associates Inc., Wells Fargo & Company MN, Mackay Shields LLC 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 Cambridge Investment Research Advisors Inc. and First Trust Advisors LP. Company insiders that have bought BlackRock LT Municipal Advantage Trust stock in the last two years include Jerrold B Harris, Michael Perilli 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 with access to the U.S. stock market 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 $12.05.

How big of a company is BlackRock LT Municipal Advantage Trust?

BlackRock LT Municipal Advantage Trust has a market capitalization of $161.74 million.

How can I contact BlackRock LT Municipal Advantage Trust?

BlackRock LT Municipal Advantage Trust's mailing address is 100 Bellevue Pkwy, WILMINGTON, DE 19809-3700, United States. The financial services provider can be reached via phone at +1-800-8820052.


MarketBeat Community Rating for BlackRock LT Municipal Advantage Trust (NYSE BTA)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  327 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  617
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

Analysts' Consensus Rating for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.23)
Consensus Price Target: $343.85 (2,753.50% upside)

Consensus Price Target History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Price Target History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Analysts' Ratings History for BlackRock LT Municipal Advantage Trust (NYSE:BTA)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/7/2017MacquarieBoost Price TargetOutperformGBX 355 -> GBX 380N/AView Rating Details
11/7/2017Credit Suisse GroupLower Price TargetNeutralGBX 320 -> GBX 280N/AView Rating Details
11/2/2017Numis Securities LtdReiterated RatingBuyGBX 390N/AView Rating Details
11/1/2017Deutsche Bank AGReiterated RatingSellGBX 265N/AView Rating Details
10/13/2017Barclays PLCReiterated RatingOverweightGBX 450N/AView Rating Details
10/9/2017Citigroup Inc.DowngradeNeutralGBX 360 -> GBX 310N/AView Rating Details
9/13/2017The Goldman Sachs Group, Inc.Reiterated RatingNeutralLowView 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
1/11/2017Morgan StanleyReiterated RatingOverweightGBX 490N/AView Rating Details
11/2/2016Societe GeneraleReiterated RatingBuyGBX 500N/AView Rating Details
5/5/2016Bank of America CorporationReiterated RatingOverweightN/AView Rating Details
2/2/2016NomuraReiterated RatingNeutralGBX 525N/AView Rating Details
(Data available from 11/18/2015 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:2/5/2018
Annual Dividend:$0.65
Dividend Yield:5.39%
Dividend Growth:-3.40% (3 Year Average)
Payout Ratio:1,625.00% (Trailing 12 Months of Earnings)
Frequency:Monthly Dividend
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
11/2/2017GBX 4.851.96%12/28/201712/28/20172/5/2018
11/2/2017monthly$0.055.48%11/14/201711/15/201712/1/2017
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
11/3/2017Michael PerilliInsiderBuy150$11.91$1,786.50View SEC Filing  
10/13/2017Michael PerilliInsiderBuy150$12.31$1,846.50View SEC Filing  
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
Head to Head Review: BlackRock LT Municipal Advantage Trust (BTA) & Horizon Technology Finance Corporation (HRZN)Head to Head Review: BlackRock LT Municipal Advantage Trust (BTA) & Horizon Technology Finance Corporation (HRZN)
www.americanbankingnews.com - November 17 at 11:25 PM
Analyzing BlackRock LT Municipal Advantage Trust (BTA) and Harvest Capital Credit Corporation (HCAP)Analyzing BlackRock LT Municipal Advantage Trust (BTA) and Harvest Capital Credit Corporation (HCAP)
www.americanbankingnews.com - November 17 at 11:54 AM
BlackRock LT Municipal Advantage Trust (BTA) Given New GBX 380 Price Target at MacquarieBlackRock LT Municipal Advantage Trust (BTA) Given New GBX 380 Price Target at Macquarie
www.americanbankingnews.com - November 7 at 12:08 PM
BlackRock LT Municipal Advantage Trust (BTA) Declares $0.05 Monthly DividendBlackRock LT Municipal Advantage Trust (BTA) Declares $0.05 Monthly Dividend
www.americanbankingnews.com - November 2 at 5:40 PM
Numis Securities Ltd Reiterates "Buy" Rating for BlackRock LT Municipal Advantage Trust (BTA)Numis Securities Ltd Reiterates "Buy" Rating for BlackRock LT Municipal Advantage Trust (BTA)
www.americanbankingnews.com - November 2 at 2:20 PM
BlackRock LT Municipal Advantage Trust (BTA) Earns Sell Rating from Deutsche Bank AGBlackRock LT Municipal Advantage Trust (BTA) Earns Sell Rating from Deutsche Bank AG
www.americanbankingnews.com - November 1 at 7:08 PM
BlackRock LT Municipal Advantage Trust (BTA) Receives Average Rating of "Hold" from BrokeragesBlackRock LT Municipal Advantage Trust (BTA) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - October 25 at 2:48 AM
BlackRock LT Municipal Advantage Trust (BTA) Earns "Overweight" Rating from Barclays PLCBlackRock LT Municipal Advantage Trust (BTA) Earns "Overweight" Rating from Barclays PLC
www.americanbankingnews.com - October 13 at 2:32 PM
BlackRock LT Municipal Advantage Trusts (BTA) "Neutral" Rating Reaffirmed at Credit Suisse GroupBlackRock LT Municipal Advantage Trust's (BTA) "Neutral" Rating Reaffirmed at Credit Suisse Group
www.americanbankingnews.com - October 13 at 2:32 PM
Citigroup Inc. Lowers BlackRock LT Municipal Advantage Trust (BTA) to NeutralCitigroup Inc. Lowers BlackRock LT Municipal Advantage Trust (BTA) to Neutral
www.americanbankingnews.com - October 9 at 4:32 PM
BlackRock LT Municipal Advantage Trust (BTA) Raises Dividend to $0.05 Per ShareBlackRock LT Municipal Advantage Trust (BTA) Raises Dividend to $0.05 Per Share
www.americanbankingnews.com - October 3 at 6:36 PM
BlackRock LT Municipal Advantage Trust (BTA) Given Consensus Rating of "Hold" by BrokeragesBlackRock LT Municipal Advantage Trust (BTA) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 30 at 2:46 AM
BlackRock LT Municipal Advantage Trust (BTA) vs. FS Investment (FSIC) Head to Head ReviewBlackRock LT Municipal Advantage Trust (BTA) vs. FS Investment (FSIC) Head to Head Review
www.americanbankingnews.com - September 27 at 8:24 PM
Contrasting Liberty All-Star Equity Fund (USA) & BlackRock LT Municipal Advantage Trust (BTA)Contrasting Liberty All-Star Equity Fund (USA) & BlackRock LT Municipal Advantage Trust (BTA)
www.americanbankingnews.com - September 22 at 8:20 PM
Contrasting BlackRock LT Municipal Advantage Trust (BTA) and KCAP Financial (KCAP)Contrasting BlackRock LT Municipal Advantage Trust (BTA) and KCAP Financial (KCAP)
www.americanbankingnews.com - September 19 at 12:36 PM
BlackRock LT Municipal Advantage Trust (BTA) Given "Neutral" Rating at Credit Suisse GroupBlackRock LT Municipal Advantage Trust (BTA) Given "Neutral" Rating at Credit Suisse Group
www.americanbankingnews.com - September 15 at 12:32 PM
BlackRock LT Municipal Advantage Trusts (BTA) Outperform Rating Reaffirmed at MacquarieBlackRock LT Municipal Advantage Trust's (BTA) Outperform Rating Reaffirmed at Macquarie
www.americanbankingnews.com - September 15 at 12:32 PM
BlackRock LT Municipal Advantage Trust (BTA) Receives Neutral Rating from Goldman Sachs Group, Inc. (The)BlackRock LT Municipal Advantage Trust (BTA) Receives Neutral Rating from Goldman Sachs Group, Inc. (The)
www.americanbankingnews.com - September 13 at 7:18 PM
BlackRock LT Municipal Advantage Trust (BTA) Price Target Raised to GBX 355 at MacquarieBlackRock LT Municipal Advantage Trust (BTA) Price Target Raised to GBX 355 at Macquarie
www.americanbankingnews.com - September 7 at 4:02 PM
BlackRock LT Municipal Advantage Trust (BTA) Given Average Recommendation of "Hold" by BrokeragesBlackRock LT Municipal Advantage Trust (BTA) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 5 at 3:00 AM
Contrasting TPG Specialty Lending (TSLX) & BlackRock LT Municipal Advantage Trust (BTA)Contrasting TPG Specialty Lending (TSLX) & BlackRock LT Municipal Advantage Trust (BTA)
www.americanbankingnews.com - September 1 at 2:44 AM
Comparing American Capital Senior Floating (ACSF) & BlackRock LT Municipal Advantage Trust (NYSE:BTA)Comparing American Capital Senior Floating (ACSF) & BlackRock LT Municipal Advantage Trust (NYSE:BTA)
www.americanbankingnews.com - August 12 at 6:18 PM
BlackRock LT Municipal Advantage Trust (BTA) Given Consensus Recommendation of "Hold" by BrokeragesBlackRock LT Municipal Advantage Trust (BTA) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 11 at 10:02 AM
BlackRock LT Municipal Advantage Trust Plans Monthly Dividend of $0.05 (BTA)BlackRock LT Municipal Advantage Trust Plans Monthly Dividend of $0.05 (BTA)
www.americanbankingnews.com - August 3 at 12:10 PM
BlackRock LT Municipal Advantage Trusts (NYSE:BTA) Sell Rating Reaffirmed at Deutsche Bank AGBlackRock LT Municipal Advantage Trust's (NYSE:BTA) Sell Rating Reaffirmed at Deutsche Bank AG
www.americanbankingnews.com - July 24 at 11:44 AM
BlackRock LT Municipal Advantage Trust (BTA) Receives Average Recommendation of "Hold" from BrokeragesBlackRock LT Municipal Advantage Trust (BTA) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 17 at 11:58 AM
BlackRock LT Municipal Advantage Trusts (NYSE:BTA) Sell Rating Reiterated at Deutsche Bank AGBlackRock LT Municipal Advantage Trust's (NYSE:BTA) Sell Rating Reiterated at Deutsche Bank AG
www.americanbankingnews.com - July 11 at 11:20 AM
BlackRock LT Municipal Advantage Trust (BTA) PT Lowered to GBX 290 at J P Morgan Chase & CoBlackRock 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
BlackRock LT Municipal Advantage Trust (BTA) to Issue Dividend of $0.05BlackRock LT Municipal Advantage Trust (BTA) to Issue Dividend of $0.05
www.americanbankingnews.com - July 4 at 8:28 AM
Investors Seeking High Yield Should Try Closed-End FundsInvestors Seeking High Yield Should Try Closed-End Funds
www.thestreet.com - April 24 at 6:19 PM

Social Media

Financials

Chart

BlackRock LT Municipal Advantage Trust (NYSE BTA) Chart for Saturday, November, 18, 2017
Loading chart…

This page was last updated on 11/18/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.