November 21, 2016 - By Ruchi Gupta · 0 Comments
Treecom Inc (NASDAQ:TREE) institutional sentiment decreased to 0.95 in Q2 2016. Its down -0.18, from 1.13 in 2016Q1. The ratio dived, as 90 institutional investors started new and increased stock positions, while 80 cut down and sold their stakes in Treecom Inc. The institutional investors in our partner’s database now have: 9.37 million shares, up from 9.23 million shares in 2016Q1. Also, the number of institutional investors holding Treecom Inc in their top 10 stock positions increased from 5 to 9 for an increase of 4. Sold All: 40 Reduced: 40 Increased: 63 New Position: 27.
LendingTree, Inc. , formerly Tree.com, Inc., is engaged in operating an online loan marketplace for consumers. The company has a market cap of $1.29 billion. The Firm offers a range of loan types and other credit offerings for its consumers. It has a 23.82 P/E ratio. The Firm operates through Lending activities segment.
About 202,750 shares traded hands. Lendingtree Inc (NASDAQ:TREE) has declined 2.87% since April 19, 2016 and is downtrending. It has underperformed by 6.73% the S&P500.
According to Zacks Investment Research, “LendingTree is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc.”
P.A.W. Capital Corp holds 4.04% of its portfolio in Lendingtree Inc for 40,000 shares. Tcs Capital Management Llc owns 59,000 shares or 3.12% of their US portfolio. Moreover, Aristotle Fund L.P. has 2.81% invested in the company for 18,000 shares. The Massachusetts-based Granahan Investment Management Inc Ma has invested 2.32% in the stock. Timpani Capital Management Llc, a Wisconsin-based fund reported 61,902 shares.#img1#
Ratings analysis reveals 100% of LendingTree’s analysts are positive. Out of 10 Wall Street analysts rating LendingTree, 10 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $100 while the high is $150. The stock’s average target of $133.22 is 30.74% above today’s ($101.9) share price. TREE was included in 16 notes of analysts from August 4, 2015. The stock of Lendingtree Inc (NASDAQ:TREE) earned “Buy” rating by Mizuho on Monday, November 21. The company was maintained on Wednesday, October 12 by Loop Capital. The firm has “Outperform” rating given on Friday, November 18 by RBC Capital Markets. The company was initiated on Monday, November 9 by SunTrust. Bank of America initiated it with “Neutral” rating and $122 target price in Wednesday, November 18 report. The firm has “Buy” rating given on Friday, September 16 by Mizuho. The rating was maintained by Needham on Tuesday, August 4 with “Buy”. The firm earned “Buy” rating on Wednesday, November 18 by Topeka Capital Markets. Guggenheim initiated the shares of TREE in a report on Monday, November 16 with “Buy” rating. The stock of Lendingtree Inc (NASDAQ:TREE) earned “Buy” rating by Needham on Tuesday, October 27.
LendingTree, Inc. (LendingTree), formerly Tree.com, Inc., incorporated on April 14, 2008, is engaged in operating an online loan marketplace for consumers. The Firm offers a range of loan types and other credit offerings for its consumers. The Firm operates through Lending activities segment. The Company’s online marketplace provides clients with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans, and other related offerings. In addition, the Company offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit offerings. The Firm allows clients to submit their relevant information to it through an inquiry form, and it seeks to match in-market clients with multiple lenders on its marketplace. The Firm offers its products in categories, including mortgage products and non-mortgage products.
More recent Lendingtree Inc (NASDAQ:TREE) news were published by: Prnewswire.com which released: “LendingTree, Inc. to Host Investor and Analyst Day on December 13, 2016” on October 25, 2016. Also Prnewswire.com published the news titled: “LendingTree, Inc. to Report Third Quarter Earnings on October 27, 2016” on October 14, 2016. Prnewswire.com‘s news article titled: “LendingTree Reports Q3 2016 Results” with publication date: October 27, 2016 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Ruchi Gupta