Lendingtree INC (TREE) Shareholder Emerald Advisers INC Has Cut Its Position as Share Price Rose

March 18, 2018 - By Nellie Frank

Investors sentiment increased to 1.3 in Q3 2017. 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. Moreover, Price T Rowe Assocs Md has 0% invested in LendingTree, Inc. (NASDAQ:TREE) for 5,818 shares. Campbell Newman Asset Mgmt Inc has invested 0.12% in LendingTree, Inc. (NASDAQ:TREE). Sumitomo Mitsui Asset Management reported 0.86% in LendingTree, Inc. (NASDAQ:TREE). Employees Retirement Sys Of Texas has invested 0.03% in LendingTree, Inc. (NASDAQ:TREE). Great West Life Assurance Can has 10,225 shares for 0.01% of their portfolio. Nelson Van Denburg And Campbell Wealth Group Inc Ltd has invested 0% in LendingTree, Inc. (NASDAQ:TREE). Riverhead Ltd Limited Liability Company has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE) for 500 shares. Sei Invs holds 0.12% or 138,311 shares in its portfolio. Nationwide Fund Advisors reported 3,545 shares or 0% of all its holdings. Ameriprise Financial owns 140,699 shares or 0.02% of their US portfolio. Swiss Bancorp reported 12,750 shares or 0% of all its holdings. Macguire Cheswick Tuttle Investment Counsel Ltd Liability Corporation has 0.06% invested in LendingTree, Inc. (NASDAQ:TREE). Tiaa Cref Inv Mngmt Lc accumulated 22,841 shares. Cortina Asset Management Lc reported 0.32% stake. Emerald Advisers Inc Pa holds 271,100 shares.

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 $66.27M, 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 $4.65B 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 $2.46B US Long portfolio, upped its stake in Pacific Premier Bancorp (NASDAQ:PPBI) by 240,630 shares to 1.02 million shares, valued at $38.42M in 2017Q3, according to the filing. It also increased its holding in Meritage Corp (NYSE:MTH) by 150,564 shares in the quarter, for a total of 509,502 shares, and has risen its stake in Catalent Inc (NYSE:CTLT).

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 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 stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given on Tuesday, August 4 by Needham. The firm has “Buy” rating by Loop Capital given on Wednesday, October 12. The firm has “Buy” rating given on Monday, November 9 by SunTrust. The firm has “Buy” rating by Guggenheim given on Monday, November 16. The rating was maintained by Stephens on Thursday, February 22 with “Buy”. The firm has “Buy” rating given on Thursday, December 10 by Bank of America. The firm earned “Buy” rating on Monday, December 18 by Stephens. The stock of LendingTree, Inc. (NASDAQ:TREE) earned “Outperform” rating by RBC Capital Markets on Monday, November 9. The stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given on Thursday, July 27 by Oppenheimer. The firm has “Buy” rating given on Tuesday, February 27 by Guggenheim.

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 daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: