Lendingtree Inc (NASDAQ:TREE) Sellers Strengthened By 2.06% Their Shorts As Of Jun 27, 2018

June 27, 2018 - By Lena Young

LendingTree, Inc. (NASDAQ:TREE) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.71. That’s change of 0.52, from 2017Q4’s 1.23. 28 investors sold all, 93 reduced holdings as LendingTree, Inc. ratio dived. 53 rose positions while 33 funds took positions. Funds hold 9.14 million shares thus 0.08% more from 2017Q4’s 9.13 million shares.
Wasatch Advsr has invested 0.07% in LendingTree, Inc. (NASDAQ:TREE). Destination Wealth Mgmt reported 0% stake. Jackson Square Partners Ltd Co reported 0.67% in LendingTree, Inc. (NASDAQ:TREE). Keybank Association Oh invested in 3,103 shs or 0.01% of the stock. Us Natl Bank De holds 0% or 171 shs. Natixis has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE). Osterweis Cap Mngmt has 0.23% invested in LendingTree, Inc. (NASDAQ:TREE). Bank Of Montreal Can stated it has 0% of its capital in LendingTree, Inc. (NASDAQ:TREE). Moreover, Envestnet Asset has 0% invested in LendingTree, Inc. (NASDAQ:TREE). Parallax Volatility Advisers Lp accumulated 235 shs. Congress Asset Mngmt Ma invested 0.17% of its capital in LendingTree, Inc. (NASDAQ:TREE). D E Shaw & Communication Inc has 0.01% invested in LendingTree, Inc. (NASDAQ:TREE) for 11,526 shs. 1,596 were accumulated by Peak6 Lp. 20,370 are held by Timpani Capital Ltd Llc. Emerald Mutual Fund Advisers Trust invested 2.95% in LendingTree, Inc. (NASDAQ:TREE).

It was noted an increase on Lendingtree Inc (NASDAQ:TREE)’s shares shorted with 2.06%. FINRA published shares shorted of TREE’s total 2.01 million shares. That’s 2.06% up from 1.97 million shares. Previous TREE’s position will need 6 days to restore. It has 335,300 average volume. Float short on Lendingtree Inc is 28.4%.

The stock decreased 8.09% or $19.95 during the last trading session, reaching $226.8.LendingTree, Inc. is uptrending after having risen 66.73% since June 27, 2017. TREE has 624,680 volume or 141.70% up from normal. TREE outperformed by 54.16% the S&P500.

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 firm is valued at $2.83 billion. The firm offers tools and resources, including free credit scores that facilitate comparison shopping for these loans and other credit offerings.79.22 is the P/E ratio. The Company’s mortgage products comprise purchase and refinance products.

LendingTree, Inc. (NASDAQ:TREE) Ratings Coverage

Total analysts of 11 have positions in LendingTree (NASDAQ:TREE) as follows: 7 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 64%. The firm has $425.0 highest while $27500 is the lowest price target. The average target $359.55 is 58.53% above the last ($226.8) price. Since January 24, 2018 according to StockzIntelligence Inc LendingTree has 14 analyst reports. The stock rating was upgraded by UBS to “Buy” on Monday, May 7. In Monday, March 19 report Stephens maintained it with “Buy” rating and $420.0 target. In Thursday, February 22 report Stephens maintained the stock with “Buy” rating. On Thursday, February 22 the firm has “Buy” rating given by Northland Capital. On Thursday, February 22 RBC Capital Markets maintained LendingTree, Inc. (NASDAQ:TREE) rating. RBC Capital Markets has “Buy” rating and $385.0 target. On Tuesday, March 27 the company was initiated by UBS. On Monday, January 22 the firm has “Buy” rating given by Bank of America. The stock rating was maintained by Guggenheim with “Buy” on Tuesday, February 27. In Tuesday, June 26 report Compass Point downgraded the stock to “Hold” rating. On Tuesday, May 8 the stock of LendingTree, Inc. (NASDAQ:TREE) earned “Hold” rating by SunTrust.

For more LendingTree, Inc. (NASDAQ:TREE) news posted recently go to: Benzinga.com, Benzinga.com, Streetinsider.com, Seekingalpha.com or Prnewswire.com. The titles are as follows: “40 Stocks Moving In Tuesday’s Mid-Day Session” posted on June 26, 2018, “10 Biggest Price Target Changes For Tuesday” on June 26, 2018, “Compass Point Downgrades Lending Tree (TREE) to Neutral, Says ‘Mortgage Decelerating, LT cyclical risk remains'” with a publish date: June 26, 2018, “Lending Tree drops as analyst sees near-term choppiness in mortgage business” and the last “LendingTree Completes Acquisition of Ovation Credit Services” with publication date: June 12, 2018.

LendingTree, Inc. (NASDAQ:TREE) Institutional Investors Chart

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