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CoreLogic, Inc. (NYSE:CLGX) Shares Sold by Teachers Advisors LLC
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Several other hedge funds have also added to or reduced their stakes in the stock. Tyers Asset Management LLC raised its stake in CoreLogic by 1.4% in the first quarter. Tyers Asset Management LLC now owns 3,256 shares of the business services provider’s stock worth $133,000 after buying an additional 44 shares during the last quarter. Flinton Capital Management LLC raised its stake in CoreLogic by 1.4% in the first quarter. Flinton Capital Management LLC now owns 4,144 shares of the business services provider’s stock worth $169,000 after buying an additional 56 shares during the last quarter. Neuburgh Advisers LLC raised its stake in CoreLogic by 1.4% in the first quarter. Neuburgh Advisers LLC now owns 5,032 shares of the business services provider’s stock worth $205,000 after buying an additional 68 shares during the last quarter. Advantus Capital Management Inc raised its stake in CoreLogic by 1.3% in the first quarter. Advantus Capital Management Inc now owns 10,802 shares of the business services provider’s stock worth $440,000 after buying an additional 141 shares during the last quarter. Finally, Capstone Asset Management Co. raised its stake in CoreLogic by 1.5% in the first quarter. Capstone Asset Management Co. now owns 11,552 shares of the business services provider’s stock worth $470,000 after buying an additional 170 shares during the last quarter. Institutional investors own 89.80% of the company’s stock.
CoreLogic, Inc. (CLGX) opened at 45.62 on Monday. The firm has a market capitalization of $3.85 billion, a P/E ratio of 41.89 and a beta of 0.98. CoreLogic, Inc. has a 1-year low of $34.59 and a 1-year high of $45.99. The stock has a 50 day moving average of $43.43 and a 200-day moving average of $40.71.
CoreLogic (NYSE:CLGX) last released its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.06. The company had revenue of $473.98 million for the quarter, compared to analyst estimates of $478.72 million. CoreLogic had a net margin of 4.99% and a return on equity of 17.07%. CoreLogic’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 EPS. On average, equities research analysts anticipate that CoreLogic, Inc. will post $2.31 earnings per share for the current year.
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A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded CoreLogic from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Thursday. Oppenheimer Holdings, Inc. upped their price target on shares of CoreLogic from $45.00 to $50.00 and gave the stock an “outperform” rating in a research note on Thursday. BidaskClub raised shares of CoreLogic from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $46.00 price target on shares of CoreLogic in a research note on Thursday. Finally, Robert W. Baird upped their price target on shares of CoreLogic from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $45.00.
In other news, Director Mary Lee Widener sold 1,000 shares of the business’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $42.79, for a total transaction of $42,790.00. Following the transaction, the director now directly owns 9,354 shares in the company, valued at approximately $400,257.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Stergios Theologides sold 5,000 shares of the business’s stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $44.00, for a total transaction of $220,000.00. Following the transaction, the general counsel now owns 63,806 shares in the company, valued at $2,807,464. The disclosure for this sale can be found here. Insiders have sold a total of 11,410 shares of company stock worth $490,997 over the last 90 days. 1.20% of the stock is owned by company insiders.
CoreLogic Company Profile
CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.