Analysts See $-0.06 EPS for LendingClub (LC), Nuveen Asset Management Has Cut Its Tesla Mtrs (TSLA) Position

July 20, 2017 - By Louis Casey

Nuveen Asset Management Llc decreased Tesla Mtrs Inc (TSLA) stake by 26.6% reported in 2016Q4 SEC filing. Nuveen Asset Management Llc sold 6,814 shares as Tesla Mtrs Inc (TSLA)’s stock rose 14.18%. The Nuveen Asset Management Llc holds 18,800 shares with $4.02 million value, down from 25,614 last quarter. Tesla Mtrs Inc now has $54.88B valuation. The stock decreased 0.91% or $2.98 during the last trading session, reaching $325.26. About 10,157 shares traded. Tesla Inc (NASDAQ:TSLA) has risen 44.43% since July 20, 2016 and is uptrending. It has outperformed by 27.73% the S&P500.

Analysts expect LendingClub Corp (NYSE:LC) to report $-0.06 EPS on August, 7 after the close.They anticipate $0.06 EPS change or 50.00% from last quarter’s $-0.12 EPS. After having $-0.07 EPS previously, LendingClub Corp’s analysts see -14.29% EPS growth. The stock decreased 1.70% or $0.09 during the last trading session, reaching $5.2. About 22 shares traded. LendingClub Corp (NYSE:LC) has risen 52.97% since July 20, 2016 and is uptrending. It has outperformed by 36.27% the S&P500.

Analysts await Tesla Inc (NASDAQ:TSLA) to report earnings on August, 2 after the close. They expect $-2.00 earnings per share, down 29.87% or $0.46 from last year’s $-1.54 per share. After $-1.97 actual earnings per share reported by Tesla Inc for the previous quarter, Wall Street now forecasts 1.52% negative EPS growth.

Since January 25, 2017, it had 1 buy, and 12 sales for $23.72 million activity. FIELD JOHN DOUGLAS had sold 500 shares worth $129,176. Another trade for 20,000 shares valued at $6.24 million was sold by DENHOLM ROBYN M. 2,500 shares valued at $630,988 were sold by Musk Kimbal on Wednesday, February 1. $1.42M worth of Tesla Inc (NASDAQ:TSLA) was sold by Gracias Antonio J. on Wednesday, January 25. 109,100 shares valued at $33.58M were sold by Straubel Jeffrey B on Monday, May 8. Musk Elon bought $25.00M worth of stock.

Investors sentiment increased to 1.68 in 2016 Q4. Its up 0.83, from 0.85 in 2016Q3. It is positive, as 74 investors sold TSLA shares while 105 reduced holdings. 82 funds opened positions while 219 raised stakes. 100.51 million shares or 11.10% more from 90.47 million shares in 2016Q3 were reported. Atlanta Grp Inc accumulated 1,681 shares. Gilder Gagnon Howe And Ltd Co accumulated 708,316 shares. The Illinois-based Cmt Asset Management has invested 0.01% in Tesla Inc (NASDAQ:TSLA). Alphamark Limited Liability, a Kentucky-based fund reported 155 shares. Lourd Limited Company holds 0.03% or 1,415 shares in its portfolio. Cypress Capital Ltd Liability (Wy) has invested 0% in Tesla Inc (NASDAQ:TSLA). Hbk Sorce Advisory Ltd Llc, Pennsylvania-based fund reported 1,858 shares. Utah Retirement System has 22,805 shares. Amp Capital Limited holds 0.05% or 36,224 shares in its portfolio. Domini Impact Invs Limited Liability Co accumulated 13.95% or 1,878 shares. First Mercantile owns 9,900 shares for 0.33% of their portfolio. Personal Advsr Corp stated it has 0.02% in Tesla Inc (NASDAQ:TSLA). 187,179 were accumulated by Schwab Charles Mgmt Incorporated. Bedell Frazier Inv Counseling Limited Liability Company owns 22,306 shares. Atwood Palmer Inc invested in 40 shares.

Nuveen Asset Management Llc increased Facebook Inc (NASDAQ:FB) stake by 174,445 shares to 862,959 valued at $99.28M in 2016Q4. It also upped Lloyds Banking Group Plc stake by 69.72M shares and now owns 190.19 million shares. Marathon Oil Corp (NYSE:MRO) was raised too.

Among 25 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 11 have Buy rating, 3 Sell and 11 Hold. Therefore 44% are positive. Tesla Motors Inc had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Tesla Inc (NASDAQ:TSLA) has “Outperform” rating given on Tuesday, September 8 by Oppenheimer. The rating was maintained by Robert W. Baird on Tuesday, June 20 with “Buy”. On Friday, June 10 the stock rating was initiated by Piper Jaffray with “Neutral”. The rating was downgraded by Argus Research on Tuesday, June 28 to “Hold”. The firm earned “Equal-Weight” rating on Thursday, June 23 by Morgan Stanley. Bank of America maintained the shares of TSLA in report on Friday, August 7 with “Underperform” rating. The rating was maintained by Global Equities Research with “Overweight” on Friday, August 28. The firm has “Sector Perform” rating given on Thursday, October 27 by RBC Capital Markets. The rating was downgraded by Vetr on Monday, August 17 to “Strong-Buy”. Global Equities Research maintained Tesla Inc (NASDAQ:TSLA) on Tuesday, September 22 with “Overweight” rating.

Investors sentiment increased to 1.41 in Q4 2016. Its up 0.40, from 1.01 in 2016Q3. It is positive, as 28 investors sold LendingClub Corp shares while 41 reduced holdings. 36 funds opened positions while 61 raised stakes. 306.07 million shares or 2.07% more from 299.88 million shares in 2016Q3 were reported. Board Of Trustees Of The Leland Stanford Junior University accumulated 191,940 shares or 0.12% of the stock. Susquehanna Gp Llp has 0% invested in LendingClub Corp (NYSE:LC) for 715,093 shares. Engineers Gate Manager L P invested 0.12% of its portfolio in LendingClub Corp (NYSE:LC). Pub Sector Pension Inv Board holds 0.01% or 250,000 shares. Art Advisors Ltd reported 0.05% of its portfolio in LendingClub Corp (NYSE:LC). Harbourvest Prtn Ltd Limited Liability Company has 6.1% invested in LendingClub Corp (NYSE:LC) for 1.90M shares. Malaga Cove Capital Ltd Company invested 0.09% in LendingClub Corp (NYSE:LC). 57.74 million were accumulated by Shanda Asset Management Holdings Limited. Point72 Asset Mgmt L P has invested 0.05% in LendingClub Corp (NYSE:LC). Hamilton Lane Advsr Limited Com owns 0.14% invested in LendingClub Corp (NYSE:LC) for 41,090 shares. Trexquant Investment Limited Partnership reported 41,870 shares. Vanguard Group reported 25.98M shares. Freestone Capital Limited Liability reported 12,300 shares. Dimensional Fund Advisors L P has invested 0% in LendingClub Corp (NYSE:LC). Sands Capital Llc holds 0.54% or 29.26 million shares in its portfolio.

Among 20 analysts covering LendingClub Corporation (NYSE:LC), 4 have Buy rating, 1 Sell and 15 Hold. Therefore 20% are positive. LendingClub Corporation had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, April 19. Credit Suisse maintained LendingClub Corp (NYSE:LC) on Tuesday, August 9 with “Neutral” rating. Wood downgraded the shares of LC in report on Wednesday, May 11 to “Underperform” rating. Bruyette & Woods” initiated LendingClub Corp (NYSE:LC) rating on Wednesday, August 12. Bruyette & Woods” has “Mkt Perform” rating and $18 target. The firm has “Market Perform” rating by Wood given on Wednesday, June 8. Keefe Bruyette & Woods upgraded the stock to “Market Perform” rating in Wednesday, June 8 report. KBW initiated the stock with “Market Perform” rating in Thursday, August 13 report. The company was maintained on Tuesday, May 31 by Morgan Stanley. Goldman Sachs maintained it with “Neutral” rating and $4.70 target in Wednesday, June 29 report. The rating was initiated by Oppenheimer with “Perform” on Thursday, August 4.

LendingClub Corporation provides online marketplace to connect borrowers and investors. The company has market cap of $2.10 billion. Consumers and small business owners borrow through Lending Club. It currently has negative earnings. Investors use Lending Club to earn risk-adjusted returns from an asset class that has been closed to many investors and only available on a limited basis to large institutional investors.