Cornerstone Capital Management Holdings LLC. Boosts Stake in CoreLogic, Inc. (CLGX)

Cornerstone Capital Management Holdings LLC. lifted its holdings in CoreLogic, Inc. (NYSE:CLGX) by 13.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 415,381 shares of the business services provider’s stock after buying an additional 50,108 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.50% of CoreLogic worth $19,198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of CLGX. World Asset Management Inc raised its stake in CoreLogic by 2.1% during the second quarter. World Asset Management Inc now owns 5,854 shares of the business services provider’s stock worth $254,000 after purchasing an additional 120 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in CoreLogic by 9.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,351 shares of the business services provider’s stock worth $145,000 after purchasing an additional 283 shares during the period. Great West Life Assurance Co. Can raised its stake in CoreLogic by 0.6% during the second quarter. Great West Life Assurance Co. Can now owns 50,679 shares of the business services provider’s stock worth $2,198,000 after purchasing an additional 294 shares during the period. Ameritas Investment Partners Inc. raised its stake in CoreLogic by 1.8% during the second quarter. Ameritas Investment Partners Inc. now owns 25,329 shares of the business services provider’s stock worth $1,099,000 after purchasing an additional 459 shares during the period. Finally, Comerica Bank raised its stake in CoreLogic by 0.7% during the second quarter. Comerica Bank now owns 66,273 shares of the business services provider’s stock worth $2,896,000 after purchasing an additional 492 shares during the period. 88.84% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CoreLogic, Inc. (CLGX) opened at $45.47 on Friday. CoreLogic, Inc. has a 12-month low of $34.59 and a 12-month high of $49.30. The firm has a market cap of $3,745.55, a PE ratio of 22.51, a price-to-earnings-growth ratio of 2.03 and a beta of 0.84. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.33 and a current ratio of 1.33.

CoreLogic (NYSE:CLGX) last announced its quarterly earnings results on Wednesday, October 25th. The business services provider reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. CoreLogic had a net margin of 4.86% and a return on equity of 17.10%. The business had revenue of $483.10 million during the quarter, compared to analysts’ expectations of $490.09 million. During the same period last year, the business earned $0.73 earnings per share. The business’s revenue for the quarter was down 7.8% on a year-over-year basis. equities research analysts anticipate that CoreLogic, Inc. will post 2.04 EPS for the current year.

A number of equities analysts have commented on the stock. BidaskClub downgraded shares of CoreLogic from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. William Blair cut shares of CoreLogic from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 8th. Piper Jaffray Companies reiterated a “hold” rating and set a $50.00 price target on shares of CoreLogic in a research report on Friday, October 27th. SunTrust Banks cut shares of CoreLogic from a “buy” rating to a “hold” rating and set a $46.00 price target for the company. in a research report on Tuesday, November 28th. Finally, Zacks Investment Research cut shares of CoreLogic from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. CoreLogic presently has a consensus rating of “Hold” and an average target price of $48.43.

In other CoreLogic news, Director Mary Lee Widener sold 900 shares of CoreLogic stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $46.70, for a total transaction of $42,030.00. Following the completion of the sale, the director now directly owns 8,434 shares in the company, valued at $393,867.80. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.20% of the stock is owned by company insiders.

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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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Institutional Ownership by Quarter for CoreLogic (NYSE:CLGX)

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