Principal Financial Group Inc. Has $8.60 Million Stake in LTC Properties, Inc. $LTC
Principal Financial Group Inc. significantly reduced its stake in LTC Properties, Inc. by 19.5% in the first quarter, now holding 231,387 shares valued at $8.6 million. Despite this, institutional investors and hedge funds own a substantial 69.25% of the REIT, with Vanguard Group Inc. …