StockNews.com 下调了LendingClub（纽约证券交易所代码：LC）股票评级_新浪财经

StockNews.com downgraded shares of LendingClub (NYSE:LC – Get Rating) from a hold rating to a sell rating in a research note released on Thursday.

Other equities analysts also recently issued reports about the company. Wedbush cut their price objective on LendingClub from $20.00 to $15.00 in a report on Thursday, October 27th. Maxim Group reduced their price objective on shares of LendingClub from $20.00 to $15.00 in a research note on Tuesday, January 31st. Finally, Janney Montgomery Scott lowered LendingClub from a buy rating to a neutral rating and set a $10.00 price target on the stock. in a research report on Thursday, January 26th.

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LendingClub Stock Down 1.3 %

Shares of NYSE:LC opened at $9.92 on Thursday. LendingClub has a 12-month low of $8.23 and a 12-month high of $19.10. The stock's 50-day moving average price is $9.41 and its two-hundred day moving average price is $11.09. The company has a current ratio of 1.08, a quick ratio of 0.91 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 3.61 and a beta of 1.98.

LendingClub (NYSE:LC – Get Rating) last issued its quarterly earnings results on Wednesday, January 25th. The credit services provider reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). LendingClub had a return on equity of 13.75% and a net margin of 24.40%. The company had revenue of $262.70 million for the quarter, compared to analyst estimates of $258.37 million. During the same period last year, the company posted $0.80 EPS. The business's revenue for the quarter was up .2% on a year-over-year basis. On average, research analysts forecast that LendingClub will post 0.53 EPS for the current year.

Insider Activity

In other news, SVP Fergal Stack sold 6,240 shares of the firm's stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $10.09, for a total value of $62,961.60. Following the sale, the senior vice president now directly owns 145,329 shares of the company's stock, valued at $1,466,369.61. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other LendingClub news, insider Ronnie Momen sold 28,607 shares of the business's stock in a transaction dated Monday, November 28th. The shares were sold at an average price of $10.08, for a total value of $288,358.56. Following the transaction, the insider now directly owns 180,173 shares in the company, valued at $1,816,143.84. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Fergal Stack sold 6,240 shares of the stock in a transaction on Monday, November 28th. The stock was sold at an average price of $10.09, for a total value of $62,961.60. Following the sale, the senior vice president now owns 145,329 shares in the company, valued at approximately $1,466,369.61. The disclosure for this sale can be found here. 3.22% of the stock is owned by insiders.

Institutional Trading of LendingClub

Institutional investors and hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC acquired a new position in shares of LendingClub in the 1st quarter valued at $30,000. Belpointe Asset Management LLC bought a new stake in shares of LendingClub in the fourth quarter worth about $31,000. PNC Financial Services Group Inc. raised its position in shares of LendingClub by 367.2% during the first quarter. PNC Financial Services Group Inc. now owns 2,607 shares of the credit services provider's stock worth $41,000 after purchasing an additional 2,049 shares during the period. Lansing Street Advisors bought a new position in shares of LendingClub during the 4th quarter valued at about $43,000. Finally, Point72 Middle East FZE acquired a new stake in LendingClub during the 4th quarter worth approximately $54,000. Institutional investors own 81.11% of the company's stock.

About LendingClub

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LendingClub Corp. operates as an online marketplace that facilitates loans to borrowers and investments. Its products include unsecured personal, secured auto refinance, patient, and education finance loans. The company was founded by Renaud Laplanche and Soulaiman Htite in 2006 and is headquartered in San Francisco, CA.