Cramer Rosenthal Mcglynn LLC Grows Stock Holdings in LendingClub Corporation $LC

Key Points

• Cramer Rosenthal Mcglynn LLC raised its stake in LendingClub by 44.3% to 1,657,356 shares (about $25.18M), making LC its 24th-largest holding and roughly 1.6% of the firm's portfolio.
• LendingClub beat Q results with EPS of $0.35 (vs. $0.34 consensus) and revenue of $266.5M (+22.7% YoY), and set FY2026 guidance of 1.65–1.80 EPS and Q1 2026 guidance of 0.34–0.39.
• Analysts are broadly positive—MarketBeat shows a Moderate Buy consensus and $22 price target after several upgrades—and institutional investors own about 74% of the stock, which trades near $15.10 with a $1.74B market cap.

Cramer Rosenthal Mcglynn LLC grew its stake in LendingClub Corporation (NYSE:LC - Free Report) by 44.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,657,356 shares of the credit services provider's stock after purchasing an additional 509,008 shares during the period. LendingClub makes up approximately 1.6% of Cramer Rosenthal Mcglynn LLC's portfolio, making the stock its 24th biggest holding. Cramer Rosenthal Mcglynn LLC owned about 1.44% of LendingClub worth $25,175,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of LC. Lido Advisors LLC acquired a new stake in shares of LendingClub in the second quarter valued at approximately $1,202,000. SG Americas Securities LLC increased its stake in LendingClub by 120.1% in the third quarter. SG Americas Securities LLC now owns 649,753 shares of the credit services provider's stock valued at $9,870,000 after purchasing an additional 354,521 shares during the last quarter. Jump Financial LLC increased its stake in shares of LendingClub by 106.6% during the 2nd quarter. Jump Financial LLC now owns 429,350 shares of the credit services provider's stock valued at $5,165,000 after acquiring an additional 221,581 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of LendingClub by 184.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,121,802 shares of the credit services provider's stock worth $32,230,000 after buying an additional 1,375,002 shares during the period. Finally, Capital Fund Management S.A. boosted its holdings in LendingClub by 183.9% in the second quarter. Capital Fund Management S.A. now owns 213,008 shares of the credit services provider's stock valued at $2,562,000 after acquiring an additional 137,972 shares during the last quarter. 74.08% of the stock is currently owned by hedge funds and other institutional investors.

LendingClub Stock Down 3.3%

LC opened at $15.10 on Friday. The firm has a market capitalization of $1.74 billion, a P/E ratio of 13.13 and a beta of 2.11. The firm's 50 day moving average is $17.96 and its 200-day moving average is $17.50. LendingClub Corporation has a 52-week low of $7.90 and a 52-week high of $21.67.

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 (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01. The firm had revenue of $266.47 million for the quarter, compared to the consensus estimate of $262.88 million. LendingClub had a net margin of 13.58% and a return on equity of 9.47%. The firm's quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Equities analysts expect that LendingClub Corporation will post 0.72 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Zacks Research upgraded LendingClub from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 3rd. BTIG Research reiterated a "buy" rating and set a $26.00 target price on shares of LendingClub in a report on Thursday, January 29th. JPMorgan Chase & Co. raised their price target on shares of LendingClub from $22.00 to $25.00 and gave the company an "overweight" rating in a report on Thursday, December 4th. Piper Sandler reiterated an "overweight" rating and set a $23.00 price objective on shares of LendingClub in a research note 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 price objective for the company in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.00.

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.

Want to see what other hedge funds are holding LC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LendingClub Corporation (NYSE:LC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.