Lendingtree Inc Draws Bearish Options Activity Today

 Lendingtree Inc Draws Bearish Options Activity Today

In today’s session Lendingtree Inc (TREE) recorded an unusually high (132) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious TREE decrease. With 132 contracts traded and 164 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: TREE161216P00110000 closed last at: $7.2 or 5.3% down. About 47,800 shares traded hands. Lendingtree Inc (NASDAQ:TREE) has risen 18.56% since April 26, 2016 and is uptrending. It has outperformed by 13.30% the S&P500.

Analysts await Lendingtree Inc (NASDAQ:TREE) to report earnings on February, 23. They expect $0.50 earnings per share, down 80.16% or $2.02 from last year’s $2.52 per share. TREE’s profit will be $5.81M for 52.49 P/E if the $0.50 EPS becomes a reality. After $0.80 actual earnings per share reported by Lendingtree Inc for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

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. LendingTree has been the topic of 16 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock of Lendingtree Inc (NASDAQ:TREE) earned “Buy” rating by Mizuho on Friday, October 28. As per Monday, November 9, the company rating was initiated by RBC Capital Markets. As per Thursday, June 2, the company rating was initiated by Compass Point. The firm has “Buy” rating by Mizuho given on Friday, September 16. The stock of Lendingtree Inc (NASDAQ:TREE) has “Buy” rating given on Wednesday, November 18 by Topeka Capital Markets. On Tuesday, August 4 the stock rating was maintained by BWS Financial with “Buy”. The firm has “Buy” rating given on Monday, October 26 by BWS Financial. The rating was upgraded by Bank of America on Thursday, December 10 to “Buy”. Loop Capital maintained Lendingtree Inc (NASDAQ:TREE) on Wednesday, October 12 with “Buy” rating. The stock of Lendingtree Inc (NASDAQ:TREE) has “Outperform” rating given on Friday, November 18 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 decreased to 0.95 in Q2 2016. Its down 0.18, from 1.13 in 2016Q1. The ratio fall, 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.
Victory Management holds 338 shares or 0% of its portfolio. Herndon Ltd Liability has 56 shares for 0% of their US portfolio. Granahan Invest Mngmt Inc Ma has 721,097 shares for 2.32% of their US portfolio. Da Davidson holds 382 shares or 0% of its portfolio. State Common Retirement Fund accumulated 18,388 shares or 0% of the stock. Aristotle Fund Ltd Partnership holds 2.81% of its portfolio in Lendingtree Inc (NASDAQ:TREE) for 18,000 shares. Tiaa Cref Investment Management Ltd Limited Liability Company holds 35,660 shares or 0% of its portfolio. First Trust L P last reported 17,132 shares in the company. Raymond James And Assocs accumulated 12,647 shares or 0% of the stock. Cipher Capital L P reported 4,156 shares or 0.03% of all its holdings. The Germany-based Allianz Asset Mgmt Ag has invested 0% in Lendingtree Inc (NASDAQ:TREE). Next Gp, a Texas-based fund reported 1 shares. Ameriprise holds 0.01% of its portfolio in Lendingtree Inc (NASDAQ:TREE) for 139,073 shares. California Public Employees Retirement System reported 27,500 shares or 0% of all its holdings. Geode Cap Management Limited Liability Company accumulated 50,753 shares or 0% of the stock.

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 24.54 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 news for Lendingtree Inc (NASDAQ:TREE) were recently published by: Prnewswire.com, which released: “LendingTree, Inc. to Host Investor and Analyst Day on December 13, 2016” on October 25, 2016. Prnewswire.com‘s article titled: “LendingTree Reports Q3 2016 Results” and published on October 27, 2016 is yet another important article.

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