News coverage about BlackRock LT Municipal Advantage Trust (NYSE:BTA) has been trending positive on Saturday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. BlackRock LT Municipal Advantage Trust earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 44.3908331817911 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

BlackRock LT Municipal Advantage Trust (BTA) traded down $0.06 on Friday, hitting $11.35. The stock had a trading volume of 112,135 shares, compared to its average volume of 48,363. The stock has a market capitalization of $152.34, a P/E ratio of 29.10 and a beta of -0.13. BlackRock LT Municipal Advantage Trust has a 1 year low of $11.08 and a 1 year high of $12.54.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be issued a $0.0545 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $0.65 annualized dividend and a dividend yield of 5.76%.

BTA has been the topic of a number of research reports. Macquarie raised their price target on BlackRock LT Municipal Advantage Trust from GBX 355 ($4.98) to GBX 380 ($5.33) and gave the company an “outperform” rating in a research report on Tuesday, November 7th. Barclays reiterated an “overweight” rating and issued a GBX 450 ($6.31) price objective on shares of BlackRock LT Municipal Advantage Trust in a report on Friday, October 13th. Deutsche Bank reiterated a “sell” rating and issued a GBX 265 ($3.72) price objective on shares of BlackRock LT Municipal Advantage Trust in a report on Wednesday, November 1st. Credit Suisse Group reiterated a “neutral” rating and issued a GBX 320 ($4.49) price objective on shares of BlackRock LT Municipal Advantage Trust in a report on Friday, October 13th. Finally, Numis Securities reiterated a “buy” rating and issued a GBX 390 ($5.47) price objective on shares of BlackRock LT Municipal Advantage Trust in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. BlackRock LT Municipal Advantage Trust currently has a consensus rating of “Hold” and a consensus target price of $333.93.

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About BlackRock LT Municipal Advantage Trust

BlackRock 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).

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