Shares of Tree.com Inc. (NASDAQ:TREE) fell 1.7% on Tuesday . The company traded as low as $96.06 and last traded at $96.51, with a volume of 181,933 shares changing hands. The stock had previously closed at $98.13.

A number of research firms have weighed in on TREE. Needham & Company LLC reissued a “buy” rating and set a $140.00 target price on shares of Tree.com in a research report on Monday, May 2nd. Bank of America Corp. reissued a “buy” rating and set a $115.00 target price on shares of Tree.com in a research report on Friday, May 27th. Royal Bank Of Canada reissued a “buy” rating and set a $150.00 target price on shares of Tree.com in a research report on Wednesday, May 4th. Northland Securities reaffirmed an “outperform” rating and set a $120.00 price objective (up previously from $100.00) on shares of Tree.com in a research report on Monday, April 4th. Finally, Mizuho initiated coverage on shares of Tree.com in a research report on Tuesday, March 29th. They set a “buy” rating and a $110.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company’s stock. Tree.com currently has an average rating of “Buy” and an average target price of $122.38.

The firm has a market cap of $1.13 billion and a P/E ratio of 24.93. The company has a 50 day moving average price of $88.64 and a 200-day moving average price of $83.27.

Tree.com (NASDAQ:TREE) last announced its earnings results on Wednesday, May 4th. The company reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.71 by $0.05. The business had revenue of $94.70 million for the quarter, compared to analysts’ expectations of $86.58 million. The firm’s quarterly revenue was up 86.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 earnings per share. On average, equities analysts predict that Tree.com Inc. will post $3.08 earnings per share for the current fiscal year.

In other Tree.com news, COO Nikul Patel sold 2,500 shares of the business’s stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $88.17, for a total transaction of $220,425.00. Following the sale, the chief operating officer now owns 30,500 shares in the company, valued at approximately $2,689,185. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Douglas R. Lebda purchased 5,000 shares of the company’s stock in a transaction on Friday, May 13th. The shares were purchased at an average price of $67.67 per share, for a total transaction of $338,350.00. Following the purchase, the chief executive officer now owns 1,710,069 shares in the company, valued at approximately $115,720,369.23. The disclosure for this purchase can be found here.

A number of hedge funds have recently bought and sold shares of TREE. Redwood Investments LLC increased its stake in Tree.com by 55.2% in the fourth quarter. Redwood Investments LLC now owns 17,056 shares of the company’s stock valued at $1,523,000 after buying an additional 6,067 shares during the last quarter. Trexquant Investment LP purchased a new stake in Tree.com during the fourth quarter valued at $3,585,000. Marshall Wace LLP purchased a new stake in Tree.com during the fourth quarter valued at $1,713,000. P.A.W. Capital Corp increased its stake in Tree.com by 3.3% in the fourth quarter. P.A.W. Capital Corp now owns 31,000 shares of the company’s stock valued at $2,768,000 after buying an additional 1,000 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in Tree.com by 42.7% in the fourth quarter. Wells Fargo & Company MN now owns 260,023 shares of the company’s stock valued at $23,215,000 after buying an additional 77,863 shares during the last quarter.

LendingTree, Inc (LendingTree), formerly Tree.com, Inc, is engaged in operating an online loan marketplace for consumers. The Company offers a range of loan types and other credit-based offerings for its consumers. The Company operates through Lending activities segment. The Company’s online marketplace provides consumers 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.

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