As Lendingtree INC (TREE) Share Price Rose, Holder Emerald Advisers INC Lowered by $4.09 Million Its Stake

March 18, 2018 - By Vivian Park

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.17, from 1.13 in 2017Q2. It improved, as 14 investors sold TREE 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. Swiss Bancshares invested in 0% or 12,750 shares. Alyeska Invest Gp Lp invested 0.71% in LendingTree, Inc. (NASDAQ:TREE). Gamco Investors Incorporated Et Al reported 1,000 shares stake. State Teachers Retirement System has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE) for 19,657 shares. Qs Invsts Limited Company reported 0.05% stake. Envestnet Asset Mngmt Incorporated holds 132 shares. 1832 Asset Mgmt Ltd Partnership invested in 6,400 shares. Next Fin Grp Inc reported 8 shares. Schwab Charles Investment Inc has invested 0.01% in LendingTree, Inc. (NASDAQ:TREE). Highlander Capital Mgmt Limited Liability Corporation holds 8 shares or 0% of its portfolio. Natl Bank Of America Corporation De holds 93,605 shares. Denver Invest Advsrs Llc accumulated 0.04% or 3,415 shares. Citadel Advisors Ltd Llc reported 3,231 shares. Partner Fund LP owns 0.42% invested in LendingTree, Inc. (NASDAQ:TREE) for 86,982 shares. Benjamin F Edwards has 15 shares for 0% of their portfolio.

Emerald Advisers Inc decreased its stake in Lendingtree Inc (TREE) by 5.82% based on its latest 2017Q3 regulatory filing with the SEC. Emerald Advisers Inc sold 16,761 shares as the company’s stock rose 39.58% with the market. The institutional investor held 271,100 shares of the finance company at the end of 2017Q3, valued at $66.27 million, down from 287,861 at the end of the previous reported quarter. Emerald Advisers Inc who had been investing in Lendingtree Inc for a number of months, seems to be less bullish one the $4.65 billion market cap company. The stock increased 0.66% or $2.5 during the last trading session, reaching $379.85. About 238,851 shares traded or 4.25% up from the average. LendingTree, Inc. (NASDAQ:TREE) has risen 126.83% since March 18, 2017 and is uptrending. It has outperformed by 110.13% the S&P500.

Emerald Advisers Inc, which manages about $1.71 billion and $2.46 billion US Long portfolio, upped its stake in Chegg Inc (NYSE:CHGG) by 287,498 shares to 2.80 million shares, valued at $41.54 million in 2017Q3, according to the filing. It also increased its holding in Qts Realty Trust Inc (NYSE:QTS) by 89,829 shares in the quarter, for a total of 598,890 shares, and has risen its stake in Puma Biotechnology Inc (NYSE:PBYI).

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 $9.18M for 126.62 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 has $425.0 highest and $100 lowest target. $273.86’s average target is -27.90% below currents $379.85 stock price. LendingTree had 43 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 18. The rating was maintained by Loop Capital on Wednesday, October 12 with “Buy”. The stock of LendingTree, Inc. (NASDAQ:TREE) earned “Buy” rating by RBC Capital Markets on Thursday, February 22. The stock has “Buy” rating by Stephens on Thursday, February 22. The rating was initiated by Bank of America with “Neutral” on Wednesday, November 18. The stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given on Thursday, December 10 by Bank of America. Mizuho maintained the shares of TREE in report on Friday, February 24 with “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Tuesday, August 8. The rating was maintained by RBC Capital Markets on Friday, June 9 with “Buy”. The stock of LendingTree, Inc. (NASDAQ:TREE) has “Sell” rating given on Thursday, October 12 by BWS Financial.

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