Compass Point: LendingTree (NASDAQ:TREE) Hit $275 Target And Neutral From Buy.

June 27, 2018 - By Andre Harris

LendingTree, Inc. (NASDAQ:TREE) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.71. That’s change of 0.52, from 2017Q4’s 1.23. 28 investors sold all, 93 reduced holdings as LendingTree, Inc. ratio dived. 53 grew stakes while 33 funds acquired stakes. Funds hold 9.14 million shares thus 0.08% more from 2017Q4’s 9.13 million shares.

Mitsubishi Ufj Tru & invested in 41,240 shs or 0.02% of the stock. Schroder Mngmt Grp Incorporated accumulated 1,576 shs. Pinebridge L P stated it has 0.01% of its capital in LendingTree, Inc. (NASDAQ:TREE). New Mexico Educational Retirement Board invested in 2,100 shs or 0.03% of the stock. The New York-based Alliancebernstein Lp has invested 0% in LendingTree, Inc. (NASDAQ:TREE). Ameritas Investment Prtn accumulated 2,849 shs or 0.04% of the stock. Legal And General Group Public Ltd Company holds 0% or 7,253 shs in its capital. Paw Cap invested in 1.97% or 5,000 shs. Scout Invs reported 97,274 shs or 0.77% of all its holdings. Moreover, Wellington Mgmt Group Llp has 0% invested in LendingTree, Inc. (NASDAQ:TREE) for 2,095 shs. Connors Investor Serv has invested 0.45% in LendingTree, Inc. (NASDAQ:TREE). Moreover, Natixis has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE) for 6,927 shs. Driehaus Mgmt Ltd Limited Liability Company invested in 0.06% or 5,177 shs. Emerald Advisers Pa owns 203,562 shs. Acadian Asset Mgmt Lc holds 18 shs or 0% of its capital.

Compass Point Cut LendingTree (NASDAQ:TREE)’s Rating to Neutral.

On 26 June the upside potential is 26.58 % of LendingTree (NASDAQ:TREE)‘s $275 price target. Compass Point downgraded TREE’s shares to Neutral form Buy.

LendingTree, Inc. (NASDAQ:TREE) Ratings Coverage

In total 11 analysts cover LendingTree (NASDAQ:TREE). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. (NASDAQ:TREE) has 64% bullish analysts. 14 are the (NASDAQ:TREE)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Tuesday, May 8 SunTrust maintained LendingTree, Inc. (NASDAQ:TREE) with “Hold” rating. On Thursday, February 22 Needham maintained LendingTree, Inc. (NASDAQ:TREE) rating. Needham has “Buy” rating and $400.0 target. On Monday, May 7 the firm has “Buy” rating by UBS given. On Tuesday, March 27 the stock has “Hold” rating by UBS. On Monday, March 19 the company was maintained by Stephens. On Thursday, February 22 the firm has “Buy” rating given by Northland Capital. In Monday, January 22 report Bank of America maintained the stock with “Buy” rating. On Tuesday, February 27 Guggenheim maintained LendingTree, Inc. (NASDAQ:TREE) with “Buy” rating. On Tuesday, June 26 the company was downgraded by Compass Point. On Thursday, February 22 the company was maintained by Stephens.

The stock decreased 4.21% or $9.55 during the last trading session, reaching $217.25.Currently LendingTree, Inc. is uptrending after 66.73% change in last June 27, 2017. TREE has also 118,344 shares volume. The stock outperformed the S&P500 by 54.16%.

On July, 26. Investors expect LendingTree, Inc. (NASDAQ:TREE) to report its quarterly earnings, as reported by Faxor. This year’s earnings per share analyst estimate is awaited to be $0.76. That is 0.00 % compareed to $0.76 earnings per share for last year. If the current earnings per share of $0.76 is accurate, TREE’s profit could hit $9.49 million. 49.02 % EPS growth is what Wall Street’s forecasts after $0.51 reported EPS last quarter.

LendingTree, Inc., through its subsidiary, LendingTree, LLC, operates an online loan marketplace for clients seeking loans and other credit offerings in the United States.The company has $2.71 billion market cap. The Company’s mortgage products comprise purchase and refinance products.The P/E ratio is 75.88. The firm also provides information, tools, and access to various conditional loan offers for non-mortgage products, including auto loans, credit cards, home equity loans, personal loans, reverse mortgages, small business loans, and student loans.

A couple more LendingTree, Inc. (NASDAQ:TREE) news were brought out by: Prnewswire.com which released on June 12, 2018 “LendingTree Completes Acquisition of Ovation Credit Services”, also Benzinga.com on June 26, 2018 brought out “40 Stocks Moving In Tuesday’s Mid-Day Session”, the next Benzinga.com is “10 Biggest Price Target Changes For Tuesday” on June 26, 2018. Seekingalpha.com has article titled “Lending Tree drops as analyst sees near-term choppiness in mortgage business”.

LendingTree, Inc. (NASDAQ:TREE) Institutional Investors Chart

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