Cramer Rosenthal Mcglynn LLC Boosts Stock Position in LendingClub Corporation $LC

Cramer Rosenthal Mcglynn LLC grew its holdings in shares of LendingClub Corporation (NYSE:LC) by 44.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,657,356 shares of the credit services provider’s stock after buying an additional 509,008 shares during the quarter. LendingClub accounts for about 1.6% of Cramer Rosenthal Mcglynn LLC’s investment portfolio, making the stock its 24th largest holding. Cramer Rosenthal Mcglynn LLC’s holdings in LendingClub were worth $25,175,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in LC. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in LendingClub by 3.5% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,482 shares of the credit services provider’s stock valued at $357,000 after acquiring an additional 793 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of LendingClub by 8.8% in the 2nd quarter. Osaic Holdings Inc. now owns 13,354 shares of the credit services provider’s stock worth $160,000 after purchasing an additional 1,084 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of LendingClub by 46.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,051 shares of the credit services provider’s stock valued at $67,000 after purchasing an additional 1,290 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of LendingClub during the third quarter worth about $26,000. Finally, Oppenheimer Asset Management Inc. grew its stake in LendingClub by 3.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 48,617 shares of the credit services provider’s stock worth $738,000 after purchasing an additional 1,846 shares in the last quarter. Institutional investors own 74.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Wall Street Zen cut LendingClub from a “buy” rating to a “hold” rating in a research note on Sunday, February 15th. JPMorgan Chase & Co. upped their price target on LendingClub from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 price objective on shares of LendingClub in a report on Thursday, January 29th. Janney Montgomery Scott boosted their target price on shares of LendingClub from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Finally, BTIG Research restated a “buy” rating and issued a $26.00 price target on shares of LendingClub in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

LendingClub Stock Performance

Shares of LC opened at $15.10 on Friday. The firm has a fifty day moving average of $17.96 and a 200-day moving average of $17.50. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 13.13 and a beta of 2.11. LendingClub Corporation has a 1 year low of $7.90 and a 1 year high of $21.67.

LendingClub (NYSE:LC) last released its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $266.47 million for the quarter, compared to analysts’ expectations of $262.88 million. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The company’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.08 EPS. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. Analysts predict that LendingClub Corporation will post 0.72 EPS for the current year.

LendingClub Company Profile

LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.

Founded in 2006 by Renaud Laplanche, LendingClub pioneered peer-to-peer lending in the United States, helping to democratize access to credit and investment opportunities.