DF Dent & Co. Inc. boosted its stake in shares of CoreLogic, Inc. (NYSE:CLGX) by 58.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,206 shares of the business services provider’s stock after purchasing an additional 11,134 shares during the quarter. DF Dent & Co. Inc.’s holdings in CoreLogic were worth $1,396,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in CLGX. World Asset Management Inc boosted its position in CoreLogic by 2.1% during the 2nd quarter. World Asset Management Inc now owns 5,854 shares of the business services provider’s stock worth $254,000 after acquiring an additional 120 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in CoreLogic by 9.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,351 shares of the business services provider’s stock worth $145,000 after acquiring an additional 283 shares during the period. Great West Life Assurance Co. Can boosted its position in CoreLogic by 0.6% during the 2nd quarter. Great West Life Assurance Co. Can now owns 50,679 shares of the business services provider’s stock worth $2,198,000 after acquiring an additional 294 shares during the period. Ameritas Investment Partners Inc. boosted its position in CoreLogic by 1.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 25,329 shares of the business services provider’s stock worth $1,099,000 after acquiring an additional 459 shares during the period. Finally, Comerica Bank boosted its position in CoreLogic by 0.7% during the 2nd quarter. Comerica Bank now owns 66,273 shares of the business services provider’s stock worth $2,896,000 after acquiring an additional 492 shares during the period. Institutional investors and hedge funds own 88.84% of the company’s stock.
Several analysts have recently weighed in on the company. Piper Jaffray Companies restated a “hold” rating and issued a $50.00 price objective on shares of CoreLogic in a report on Friday, October 27th. BidaskClub lowered CoreLogic from a “buy” rating to a “hold” rating in a report on Friday, October 27th. SunTrust Banks lowered CoreLogic from a “buy” rating to a “hold” rating and set a $46.00 price objective for the company. in a report on Tuesday, November 28th. Barclays upped their price objective on CoreLogic from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Friday, October 27th. Finally, William Blair lowered CoreLogic from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $48.43.
In other news, Director Mary Lee Widener sold 900 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $46.70, for a total transaction of $42,030.00. Following the sale, the director now directly owns 8,434 shares of the company’s stock, valued at $393,867.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by insiders.
Shares of CoreLogic, Inc. (NYSE:CLGX) opened at $45.34 on Wednesday. The stock has a market capitalization of $3,759.54, a price-to-earnings ratio of 22.59, a PEG ratio of 2.03 and a beta of 0.84. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 1.69. CoreLogic, Inc. has a 52-week low of $34.59 and a 52-week high of $49.30.
CoreLogic (NYSE:CLGX) last announced its earnings results on Wednesday, October 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The company had revenue of $483.10 million for the quarter, compared to analyst estimates of $490.09 million. CoreLogic had a return on equity of 17.10% and a net margin of 4.86%. CoreLogic’s revenue for the quarter was down 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 earnings per share. research analysts anticipate that CoreLogic, Inc. will post 2.04 EPS for the current fiscal year.
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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