American Century Companies Inc. Buys 334,914 Shares of LendingClub Corporation $LC

Key Points

• American Century Companies Inc. increased its stake in LendingClub by 19.3% in Q3, buying 334,914 shares to hold 2,071,137 shares (about 1.80% of the company) worth roughly $31.46 million at quarter end.
• Institutional investors own about 74.08% of LendingClub, several funds made incremental position changes, and analysts have a consensus rating of Moderate Buy with an average price target of $22 (range up to $26).
• LendingClub recently beat quarterly estimates with $0.35 EPS on $266.47M revenue, provided FY2026 guidance of 1.65–1.80 EPS and Q1 2026 guidance of 0.34–0.39 EPS, and currently trades around $14.68 with a $1.69B market cap.

American Century Companies Inc. boosted its position in shares of LendingClub Corporation (NYSE:LC - Free Report) by 19.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,071,137 shares of the credit services provider's stock after acquiring an additional 334,914 shares during the period. American Century Companies Inc. owned approximately 1.80% of LendingClub worth $31,461,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LC. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of LendingClub by 3.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 23,482 shares of the credit services provider's stock worth $357,000 after acquiring an additional 793 shares during the period. Osaic Holdings Inc. increased its position in shares of LendingClub by 8.8% during the second quarter. Osaic Holdings Inc. now owns 13,354 shares of the credit services provider's stock valued at $160,000 after purchasing an additional 1,084 shares during the period. Jones Financial Companies Lllp increased its position in shares of LendingClub by 46.7% during the third 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 during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of LendingClub in the third quarter valued at $26,000. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of LendingClub by 3.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 48,617 shares of the credit services provider's stock valued at $738,000 after purchasing an additional 1,846 shares in the last quarter. Institutional investors and hedge funds own 74.08% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wall Street Zen downgraded shares of LendingClub from a "buy" rating to a "hold" rating in a research note on Sunday, February 15th. Piper Sandler restated an "overweight" rating and issued a $23.00 price objective on shares of LendingClub in a research note on Thursday, January 29th. JPMorgan Chase & Co. raised their price objective on shares of LendingClub from $22.00 to $25.00 and gave the stock an "overweight" rating in a report on Thursday, December 4th. BTIG Research reiterated a "buy" rating and set a $26.00 target price on shares of LendingClub in a research report on Thursday, January 29th. Finally, Citizens Jmp raised shares of LendingClub from a "market perform" rating to an "outperform" rating and set a $23.00 target price on the stock in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $22.00.

LendingClub Price Performance

Shares of LC opened at $14.68 on Friday. The company has a market capitalization of $1.69 billion, a P/E ratio of 12.77 and a beta of 2.11. LendingClub Corporation has a one year low of $7.90 and a one year high of $21.67. The business's 50 day simple moving average is $17.86 and its 200-day simple moving average is $17.50.

LendingClub (NYSE:LC - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The credit services provider reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. LendingClub had a return on equity of 9.47% and a net margin of 13.58%.The firm had revenue of $266.47 million during the quarter, compared to analysts' expectations of $262.88 million. During the same period last year, the firm posted $0.08 EPS. The business's revenue was up 22.7% on a year-over-year basis. LendingClub has set its FY 2026 guidance at 1.650-1.800 EPS and its Q1 2026 guidance at 0.340-0.390 EPS. On average, sell-side analysts anticipate that LendingClub Corporation will post 0.72 EPS for the current fiscal year.

About LendingClub

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.

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