UBS Group AG Has $6.18 Million Stock Holdings in LendingClub Corporation $LC

UBS Group AG trimmed its holdings in shares of LendingClub Corporation (NYSE:LC) by 11.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 326,369 shares of the credit services provider’s stock after selling 41,049 shares during the period. UBS Group AG’s holdings in LendingClub were worth $6,181,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of LC. AQR Capital Management LLC boosted its stake in shares of LendingClub by 165.1% during the 1st quarter. AQR Capital Management LLC now owns 33,788 shares of the credit services provider’s stock worth $349,000 after buying an additional 21,045 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of LendingClub by 1.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 852,005 shares of the credit services provider’s stock worth $8,793,000 after buying an additional 12,019 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of LendingClub by 3.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 300,658 shares of the credit services provider’s stock valued at $3,103,000 after purchasing an additional 11,407 shares during the period. Cetera Investment Advisers raised its holdings in shares of LendingClub by 105.9% in the 2nd quarter. Cetera Investment Advisers now owns 28,870 shares of the credit services provider’s stock valued at $347,000 after purchasing an additional 14,851 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of LendingClub by 10.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 585,163 shares of the credit services provider’s stock valued at $7,040,000 after purchasing an additional 57,309 shares during the period. 74.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LC has been the topic of a number of research analyst reports. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Wall Street Zen cut shares of LendingClub from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of LendingClub in a report on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and issued a $26.00 target price on shares of LendingClub in a report on Thursday, January 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $23.00 target price on shares of LendingClub in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.07.

LendingClub Stock Down 2.5%

LendingClub stock opened at $15.24 on Wednesday. The stock has a market cap of $1.76 billion, a P/E ratio of 10.22 and a beta of 2.00. LendingClub Corporation has a twelve month low of $9.70 and a twelve month high of $21.67. The company’s 50-day moving average price is $15.47 and its two-hundred day moving average price is $17.16.

LendingClub (NYSE:LC) last released its quarterly earnings results on Monday, April 27th. The credit services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.06. The firm had revenue of $252.25 million for the quarter, compared to analysts’ expectations of $249.10 million. LendingClub had a net margin of 16.99% and a return on equity of 11.92%. The business’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q2 2026 guidance at 0.400-0.450 EPS. Equities analysts anticipate that LendingClub Corporation will post 1.72 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other LendingClub news, Director Erin Selleck sold 2,390 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $15.46, for a total value of $36,949.40. Following the transaction, the director directly owned 78,767 shares of the company’s stock, valued at $1,217,737.82. This represents a 2.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.31% of the stock is currently owned by corporate insiders.

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.