Tree.com Inc. (NASDAQ:TREE)’s share price was down 2.1% on Wednesday . The company traded as low as $104.47 and last traded at $104.84, with a volume of 167,162 shares changing hands. The stock had previously closed at $107.05.

A number of equities analysts have weighed in on TREE shares. TheStreet downgraded shares of Tree.com from a “buy” rating to a “hold” rating in a research note on Monday, May 9th. Bank of America Corp. reaffirmed a “buy” rating and set a $115.00 target price on shares of Tree.com in a research note on Friday, May 27th. Zacks Investment Research raised shares of Tree.com from a “hold” rating to a “strong-buy” rating and set a $103.00 price target for the company in a research report on Wednesday, April 27th. Royal Bank Of Canada reissued a “buy” rating on shares of Tree.com in a research report on Thursday, June 16th. Finally, Compass Point assumed coverage on shares of Tree.com in a research report on Thursday, June 2nd. They set a “buy” rating and a $100.00 price target for the company. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $129.30.

The stock has a 50 day moving average of $101.82 and a 200 day moving average of $88.25. The company has a market cap of $1.21 billion and a P/E ratio of 25.47.

Tree.com (NASDAQ:TREE) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.72 by $0.20. The firm had revenue of $94.30 million for the quarter, compared to the consensus estimate of $95.48 million. The company’s revenue was up 71.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.63 EPS. On average, equities analysts expect that Tree.com Inc. will post $3.29 EPS for the current fiscal year.

In related news, COO Nikul Patel sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $88.17, for a total transaction of $220,425.00. Following the completion of the transaction, 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 is available at this hyperlink.

Other hedge funds and institutional investors recently modified their holdings of the company. Redwood Investments LLC raised its position in shares of Tree.com by 55.2% in the fourth quarter. Redwood Investments LLC now owns 17,056 shares of the company’s stock worth $1,523,000 after buying an additional 6,067 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Tree.com during the fourth quarter worth about $1,713,000. Schwab Charles Investment Management Inc. raised its position in shares of Tree.com by 9.2% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 23,498 shares of the company’s stock worth $2,098,000 after buying an additional 1,974 shares during the last quarter. RS Investment Management Co. LLC bought a new position in shares of Tree.com during the fourth quarter worth about $12,783,000. Finally, Bank of Montreal Can bought a new position in shares of Tree.com during the fourth quarter worth about $14,896,000.

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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