LendingTree, Inc. (TREE) Rises A lot Today, Is Now One of The Best Performer

March 14, 2018 - By Ellis Scott

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.17, from 1.13 in 2017Q2. It increased, as 14 investors sold LendingTree, Inc. shares while 63 reduced holdings. 35 funds opened positions while 65 raised stakes. 8.39 million shares or 0.09% more from 8.38 million shares in 2017Q2 were reported.
Dimensional Fund Advsrs Limited Partnership invested in 0.03% or 312,601 shares. Driehaus Management Limited Liability stated it has 0.06% in LendingTree, Inc. (NASDAQ:TREE). Royal Bancorporation Of Canada owns 0% invested in LendingTree, Inc. (NASDAQ:TREE) for 4,100 shares. Ameritas Prns invested in 549 shares. Glenmede Trust Na holds 0% or 54 shares in its portfolio. Parametric Port Assocs Ltd Liability Co holds 0.01% or 36,877 shares in its portfolio. Rbf Ltd Liability holds 0.03% or 1,000 shares. Moreover, Paw Capital Corporation has 1.79% invested in LendingTree, Inc. (NASDAQ:TREE) for 7,000 shares. Geode Capital Mgmt Ltd Company has invested 0.01% in LendingTree, Inc. (NASDAQ:TREE). Legal General Gru Public Limited Co owns 0% invested in LendingTree, Inc. (NASDAQ:TREE) for 14,442 shares. Campbell Newman Asset Mgmt stated it has 2,693 shares or 0.12% of all its holdings. 1,275 were reported by Macguire Cheswick & Tuttle Investment Counsel Ltd Company. Rhumbline Advisers holds 0.01% or 13,638 shares in its portfolio. Citigroup reported 4,159 shares. Baillie Gifford & has 0.11% invested in LendingTree, Inc. (NASDAQ:TREE) for 346,828 shares.

The stock of LendingTree, Inc. (NASDAQ:TREE) is a huge mover today! The stock increased 7.04% or $24.55 during the last trading session, reaching $373.35. About 328,156 shares traded or 36.08% up from the average. LendingTree, Inc. (NASDAQ:TREE) has risen 126.83% since March 14, 2017 and is uptrending. It has outperformed by 110.13% the S&P500.
The move comes after 7 months positive chart setup for the $4.57B company. It was reported on Mar, 14 by Barchart.com. We have $384.55 PT which if reached, will make NASDAQ:TREE worth $137.13M more.

Analysts await LendingTree, Inc. (NASDAQ:TREE) to report earnings on April, 26. They expect $0.75 EPS, down 21.88 % or $0.21 from last year’s $0.96 per share. TREE’s profit will be $9.18 million for 124.45 P/E if the $0.75 EPS becomes a reality. After $0.52 actual EPS reported by LendingTree, Inc. for the previous quarter, Wall Street now forecasts 44.23 % EPS growth.

LendingTree, Inc. (NASDAQ:TREE) Ratings Coverage

Among 15 analysts covering LendingTree (NASDAQ:TREE), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. LendingTree had 43 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, December 14 the stock rating was maintained by Mizuho with “Neutral”. Needham maintained LendingTree, Inc. (NASDAQ:TREE) rating on Thursday, October 26. Needham has “Buy” rating and $300.0 target. The stock of LendingTree, Inc. (NASDAQ:TREE) earned “Buy” rating by Oppenheimer on Tuesday, August 8. The company was maintained on Thursday, February 22 by Northland Capital. The stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given on Tuesday, August 4 by Needham. Needham maintained LendingTree, Inc. (NASDAQ:TREE) rating on Thursday, December 14. Needham has “Buy” rating and $375.0 target. As per Friday, October 27, the company rating was maintained by Oppenheimer. On Thursday, October 12 the stock rating was downgraded by BWS Financial to “Sell”. Needham maintained the shares of TREE in report on Tuesday, June 20 with “Buy” rating. The firm has “Buy” rating by Compass Point given on Thursday, June 2.

More recent LendingTree, Inc. (NASDAQ:TREE) news were published by: Prnewswire.com which released: “LendingTree Reports 4Q & FY 2017 Results Above Guidance” on February 22, 2018. Also Nasdaq.com published the news titled: “H&R Block-LendingTree Deal to Aid Clients’ Financial Health” on March 14, 2018. Globenewswire.com‘s news article titled: “H&R Block, LendingTree partner to empower clients to improve their financial …” with publication date: March 13, 2018 was also an interesting one.

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 market cap of $4.57 billion. The firm offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit offerings. It has a 327.79 P/E ratio. The Company’s mortgage products comprise purchase and refinance products.

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