Glenmede Trust Co. NA continued to hold its position in CoreLogic, Inc. (NYSE:CLGX) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,184 shares of the business services provider’s stock at the end of the first quarter. Glenmede Trust Co. NA’s holdings in CoreLogic were worth $558,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in CLGX. AQR Capital Management LLC boosted its position in CoreLogic by 5.6% in the first quarter. AQR Capital Management LLC now owns 1,006,075 shares of the business services provider’s stock worth $40,967,000 after buying an additional 53,401 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of CoreLogic during the first quarter valued at about $422,000. Gotham Asset Management LLC boosted its position in shares of CoreLogic by 125.1% in the first quarter. Gotham Asset Management LLC now owns 95,915 shares of the business services provider’s stock valued at $3,906,000 after buying an additional 53,304 shares in the last quarter. PEAK6 Investments L.P. bought a new position in shares of CoreLogic during the first quarter valued at about $1,449,000. Finally, DF Dent & Co. Inc. boosted its position in shares of CoreLogic by 41.4% in the first quarter. DF Dent & Co. Inc. now owns 13,720 shares of the business services provider’s stock valued at $559,000 after buying an additional 4,016 shares in the last quarter. Hedge funds and other institutional investors own 89.66% of the company’s stock.
CoreLogic, Inc. (CLGX) opened at 42.97 on Monday. The stock has a market cap of $3.64 billion, a PE ratio of 40.31 and a beta of 0.97. The company’s 50 day moving average is $42.69 and its 200 day moving average is $39.74. CoreLogic, Inc. has a 12 month low of $34.59 and a 12 month high of $43.95.
CoreLogic (NYSE:CLGX) last announced its quarterly earnings data on Tuesday, April 25th. The business services provider reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by $0.07. CoreLogic had a net margin of 4.87% and a return on equity of 16.42%. The company had revenue of $439.85 million for the quarter, compared to the consensus estimate of $440.39 million. During the same quarter in the previous year, the business earned $0.48 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, analysts anticipate that CoreLogic, Inc. will post $2.28 EPS for the current fiscal year.
Several equities analysts recently issued reports on CLGX shares. Zacks Investment Research upgraded shares of CoreLogic from a “sell” rating to a “hold” rating in a research report on Tuesday, March 28th. Robert W. Baird boosted their price target on shares of CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research report on Tuesday, June 13th. Barclays PLC boosted their price target on shares of CoreLogic from $48.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, June 9th. Finally, BidaskClub upgraded shares of CoreLogic from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $43.89.
In other CoreLogic news, Director Mary Lee Widener sold 1,000 shares of the firm’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 owns 9,354 shares of the company’s stock, valued at approximately $400,257.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director J David Chatham sold 3,760 shares of the firm’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $42.00, for a total transaction of $157,920.00. Following the transaction, the director now directly owns 4,770 shares in the company, valued at approximately $200,340. The disclosure for this sale can be found here. Insiders have sold a total of 6,010 shares of company stock worth $252,773 in the last three months. Insiders own 1.20% of the company’s stock.
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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