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

June 27, 2018 - By Madeline Delgado

LendingTree, Inc. (NASDAQ:TREE) Corporate Logo

Big Money Sentiment decreased to 0.71 in Q1 2018. It has change of 0.52, from 2017Q4’s 1.23. The ratio is negative due to LendingTree, Inc. positioning: 28 sold and 93 reduced. 33 funds acquired positions and 53 increased positions. Investors holded 9.13 million in 2017Q4 but now own 9.14 million shares or 0.08% more.

Natixis reported 0.01% in LendingTree, Inc. (NASDAQ:TREE). Riverhead Capital Management Ltd Liability reported 700 shs. Denver Advsrs Ltd Liability Co reported 1,386 shs. Peak6 L P holds 0% in LendingTree, Inc. (NASDAQ:TREE) or 1,596 shs. Par Cap has invested 0.1% in LendingTree, Inc. (NASDAQ:TREE). Aqr Lc reported 6,364 shs. Illinois-based Ubs Asset Americas has invested 0% in LendingTree, Inc. (NASDAQ:TREE). Eagle Asset holds 226,407 shs. Voloridge Mngmt accumulated 6,269 shs. California State Teachers Retirement Sys stated it has 9,704 shs or 0.01% of all its holdings. Driehaus Cap Mngmt Llc invested 0.06% in LendingTree, Inc. (NASDAQ:TREE). Renaissance Group Lc has 1,044 shs. State Board Of Administration Of Florida Retirement has invested 0% in LendingTree, Inc. (NASDAQ:TREE). Legal & General Public Ltd Company reported 7,253 shs stake. Schwab Charles Invest Inc has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE).

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

A potential 26.58 % upside on 26 June has LendingTree (NASDAQ:TREE) with $275 target. Compass Point has downgraded firm’s rating to Neutral form Buy.

LendingTree, Inc. (NASDAQ:TREE) Ratings Coverage

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

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

Earnings report for LendingTree, Inc. (NASDAQ:TREE) is expected on July, 26., according to Zacks. Analysts predict $0.76 earnings per share. That’s $0.00 or 0.00 % from 2017’s earnings of $0.76. The profit will be $9.49 million for TREE if $0.76 earnings per share becomes true. Analysts at Wall Street see LendingTree, Inc.’s 49.02 % EPS growth compared to $0.51 earnings per share for previous 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.75.88 is the P/E ratio. 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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