This error popped up when I was attempting to install Update Rollup 3 for Microsoft Dynamics CRM. I had manually downloaded KB3016464 and tried to manually install it, rather than watching it error out repeatedly in Windows Update.
The answer was to:
In case you are wondering LODCTR updates the performance counters which are stored in the registry and can be corrupted. As you might have guessed, LODCTR /R causes a Rebuild of those counters.
For more details type LODCTR /? into a CMD prompt and press ENTER.
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Thanks for posting this up, I was not sure it was related as I was install a video management program that was barking this error. (Milestone Xprotect 2016)
The first time the command was run barked an error, ran the command again, and it completed successfully. The program now installs without error. Again Thanks for posting this!
THANK YOU!