What’s Next for Lendingtree Inc After Today’s Bullish Options Activity?

 What's Next for Lendingtree Inc After Today's Bullish Options Activity?

In today’s session Lendingtree Inc (TREE) registered an unusually high (1,238) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TREE increase. With 1,238 contracts traded and 734 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TREE161118C00090000 closed last at: $3.5 or 89.2% up. About 72,836 shares traded hands. Lendingtree Inc (NASDAQ:TREE) has risen 1.37% since April 12, 2016 and is uptrending. It has underperformed by 3.61% the S&P500.

Lendingtree Inc (NASDAQ:TREE) Ratings Coverage

Out of 10 analysts covering LendingTree (NASDAQ:TREE), 10 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $150 is the highest target while $100 is the lowest. The $134.33 average target is 36.65% above today’s ($98.3) stock price. LendingTree has been the topic of 14 analyst reports since August 4, 2015 according to StockzIntelligence Inc. On Friday, October 28 the stock rating was maintained by Mizuho with “Buy”. The rating was maintained by BWS Financial with “Buy” on Monday, October 26. Loop Capital maintained Lendingtree Inc (NASDAQ:TREE) rating on Wednesday, October 12. Loop Capital has “Buy” rating and $145 price target. The firm has “Buy” rating by Needham given on Tuesday, August 4. Needham maintained the stock with “Buy” rating in Tuesday, October 27 report. The company was maintained on Tuesday, August 4 by BWS Financial. The rating was initiated by Topeka Capital Markets with “Buy” on Wednesday, November 18. The company was initiated on Monday, November 16 by Guggenheim. On Thursday, June 2 the stock rating was initiated by Compass Point with “Buy”. The stock of Lendingtree Inc (NASDAQ:TREE) has “Outperform” rating given on Monday, November 9 by RBC Capital Markets.

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.”

Insitutional Activity: The institutional sentiment increased to 1.13 in 2016 Q2. Its up 0.22, from 0.91 in 2016Q1. The ratio increased, as 40 funds sold all Lendingtree Inc shares owned while 40 reduced positions. 27 funds bought stakes while 63 increased positions. They now own 9.37 million shares or 1.54% more from 9.23 million shares in 2016Q1.
Dimensional Fund Advisors L P holds 0.02% of its portfolio in Lendingtree Inc (NASDAQ:TREE) for 301,747 shares. Blackrock Grp Limited, a United Kingdom-based fund reported 8,493 shares. Jackson Square Prns Ltd Llc has 0.12% invested in the company for 330,670 shares. Whittier accumulated 35 shares or 0% of the stock. Punch Inv Incorporated accumulated 33,478 shares or 0.34% of the stock. Ubs Asset Mngmt Americas Incorporated reported 4,500 shares or 0% of all its holdings. Arcadia Inv Corporation Mi last reported 202 shares in the company. Ardsley Advisory Prns reported 70,000 shares or 1.07% of all its holdings. Schwab Charles Investment Mgmt owns 24,399 shares or 0% of their US portfolio. First Advsr Lp, a Illinois-based fund reported 17,132 shares. Moreover, Timpani Cap Mgmt Limited Co has 2.31% invested in Lendingtree Inc (NASDAQ:TREE) for 61,902 shares. Cornerstone Cap Mngmt Ltd Limited Liability Company holds 0% of its portfolio in Lendingtree Inc (NASDAQ:TREE) for 1,748 shares. Aqr Capital Mgmt Ltd Com owns 8,188 shares or 0% of their US portfolio. Meeder Asset, a Ohio-based fund reported 4 shares. The New York-based Tcs Capital Management Llc has invested 3.12% in Lendingtree Inc (NASDAQ:TREE).

LendingTree, Inc. , formerly Tree.com, Inc., is engaged in operating an online loan marketplace for consumers. The company has a market cap of $1.22 billion. The Firm offers a range of loan types and other credit offerings for its consumers. It has a 22.98 P/E ratio. The Firm operates through Lending activities segment.

TREE Company Profile

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 important 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 article titled: “LendingTree, Inc. to Report Third Quarter Earnings on October 27, 2016”, Prnewswire.com published: “LendingTree Reports Q3 2016 Results” on October 27, 2016. More interesting news about Lendingtree Inc (NASDAQ:TREE) was released by: Streetinsider.com and their article: “Form 4 LendingTree, Inc. For: Nov 06 Filed by: LEBDA DOUGLAS R” with publication date: November 08, 2016.

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.

Related posts

Leave a Comment