CoreLogic, Inc. (NYSE:CLGX) Director Paul F. Folino sold 1,750 shares of the business’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $45.24, for a total transaction of $79,170.00. Following the completion of the sale, the director now owns 9,462 shares of the company’s stock, valued at $428,060.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
CoreLogic, Inc. (NYSE:CLGX) traded down 0.27% during trading on Friday, reaching $44.72. 394,899 shares of the company traded hands. The company has a market cap of $3.77 billion, a PE ratio of 41.07 and a beta of 0.97. CoreLogic, Inc. has a 12 month low of $34.59 and a 12 month high of $45.99. The company’s 50-day moving average is $44.15 and its 200 day moving average is $41.37.
CoreLogic (NYSE:CLGX) last announced its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.06. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The business had revenue of $473.98 million during the quarter, compared to the consensus estimate of $478.72 million. During the same quarter last year, the firm posted $0.65 EPS. The company’s quarterly revenue was down 5.2% on a year-over-year basis. On average, analysts anticipate that CoreLogic, Inc. will post $2.33 earnings per share for the current year.
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A number of large investors have recently made changes to their positions in the stock. CrestPoint Capital Management LLC purchased a new stake in CoreLogic during the first quarter worth $208,000. Karp Capital Management Corp purchased a new stake in CoreLogic during the first quarter worth $573,000. Vanguard Group Inc. increased its stake in CoreLogic by 4.4% in the first quarter. Vanguard Group Inc. now owns 7,213,386 shares of the business services provider’s stock worth $293,729,000 after buying an additional 301,853 shares in the last quarter. Capstone Asset Management Co. increased 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 in the last quarter. Finally, Oxford Asset Management increased its stake in CoreLogic by 14.7% in the first quarter. Oxford Asset Management now owns 89,360 shares of the business services provider’s stock worth $3,639,000 after buying an additional 11,459 shares in the last quarter. 90.95% of the stock is owned by institutional investors and hedge funds.
A number of analysts have recently weighed in on the stock. BidaskClub upgraded shares of CoreLogic from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Zacks Investment Research upgraded shares of CoreLogic from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research note on Wednesday, August 2nd. Oppenheimer Holdings, Inc. upped their target price on shares of CoreLogic from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. Barclays PLC upped their target price on shares of CoreLogic from $48.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday, June 9th. Finally, Robert W. Baird upped their target price on shares of CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Tuesday, June 13th. One 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. CoreLogic currently has an average rating of “Hold” and an average price target of $45.00.
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.
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