Emerald Advisers INC Decreased Lendingtree INC (TREE) Stake by $3.87 Million; Shares Rose

April 17, 2018 - By Darrel Chase

LendingTree, Inc. (NASDAQ:TREE) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.23. That’s change of 0.07, from 2017Q3’s 1.3. 18 investors sold all, 70 reduced holdings as TREE ratio is negative. 64 rose stakes while 44 funds amassed stakes. Funds hold 9.13 million shares thus 8.84% more from 2017Q3’s 8.39 million shares. State Of Alaska Department Of Revenue holds 1,508 shs or 0.01% of its capital. Moreover, Century Cos has 0% invested in LendingTree, Inc. (NASDAQ:TREE) for 9,096 shs. Aperio Gru Limited Co invested in 0% or 1,006 shs. Suntrust Banks accumulated 0.01% or 5,721 shs. Renaissance Grp Ltd Limited Liability Company accumulated 1,499 shs. Leucadia reported 877 shs stake. Dimensional Fund Advsr Limited Partnership, Texas-based fund reported 312,738 shs. Legal & General Public Limited Com holds 14,806 shs or 0% of its capital. Voya Limited Liability Co reported 0% stake. Cornerstone Cap Mgmt Hldgs Ltd Co holds 0.02% of its capital in LendingTree, Inc. (NASDAQ:TREE) for 7,800 shs. Cambridge Rech Advisors Incorporated has invested 0.01% in LendingTree, Inc. (NASDAQ:TREE). The France-based Axa has invested 0.05% in LendingTree, Inc. (NASDAQ:TREE). Sumitomo Mitsui Asset Management Ltd stated it has 206,280 shs. Profund Advisors Limited Liability holds 0.01% of its capital in LendingTree, Inc. (NASDAQ:TREE) for 902 shs. Elk Creek Lc holds 0.89% of its capital in LendingTree, Inc. (NASDAQ:TREE) for 44,258 shs.

In Lendingtree Inc (TREE) was decreased the holdings owned by Emerald Advisers Inc. The reduction is 4.2% according to 2017Q4 SEC filling. 11,376 shares were sold by Emerald Advisers Inc as the company’s stock rose 1.74% while stock markets declined. The institutional investor is holding 259,724 shares, compared to the 271,100 from the previous quarter. And the announced value of the finance company is $88.42 million for the 2017Q4. $3.78B is the market cap of Lendingtree Inc. On during the last trading session the stock decreased $5.45 or 1.74%, reaching $308.65.LendingTree, Inc. has volume of 118,917 shares. Since April 17, 2017 TREE has risen 190.64% and is uptrending. TREE outperformed by 179.09% the S&P 500.

About $1.71B and $2.60B US Long portfolio the Emerald Advisers Inc operates. Its stake in Kennametal Inc (NYSE:KMT) was upped by 181,166 shares to 937,357 shares valued at $45.38 million in 2017Q4, according to the filing. Emerald Advisers Inc has risen its stake in Portola Pharmaceuticals Inc (NASDAQ:PTLA) and also increased its holding in Fcb Financial Holdings Inc (NYSE:FCB) by 137,456 shares in the quarter, for a total of 815,359 shares.

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 102.88 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

In total 10 analysts cover Lendingtree Inc (NASDAQ:TREE). “Buy” rating has 7, “Sell” are 0, while 3 are “Hold”. 70% are bullish. With $425.0 highest and $290 lowest [Target] Lendingtree Inc has $374.44 average [Target] or 21.32% above the current ($308.65) price. 16 are the (NASDAQ:TREE)’s analyst reports since October 26, 2017 according to StockzIntelligence Inc. On Monday, January 22 the stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given by Bank of America. On Thursday, February 22 Stephens maintained LendingTree, Inc. (NASDAQ:TREE) with “Buy” rating. On Thursday, February 22 RBC Capital Markets maintained the shares of TREE in report with “Buy” rating. On Thursday, December 14 Needham maintained LendingTree, Inc. (NASDAQ:TREE) rating. Needham has “Buy” rating and $375.0 target. On Tuesday, March 27 the firm earned “Hold” rating by UBS. On Wednesday, December 13 the stock of LendingTree, Inc. (NASDAQ:TREE) has “Buy” rating given by Guggenheim. On Thursday, October 26 the company was maintained by Needham. In Thursday, February 22 report Needham maintained it with “Buy” rating and $400.0 target. On Thursday, December 14 the rating was maintained by Northland Capital with “Buy”. The stock rating was maintained by Guggenheim with “Buy” on Tuesday, February 27.

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

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