42,058 Shares in Corelogic Inc (CLGX) Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC acquired a new stake in Corelogic Inc (NYSE:CLGX) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 42,058 shares of the business services provider’s stock, valued at approximately $1,406,000. Gotham Asset Management LLC owned approximately 0.05% of Corelogic at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Oregon Public Employees Retirement Fund lifted its position in Corelogic by 3,242.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,078,530 shares of the business services provider’s stock worth $32,000 after buying an additional 1,046,258 shares in the last quarter. Cutler Group LP raised its holdings in shares of Corelogic by 2,000.0% in the 4th quarter. Cutler Group LP now owns 3,800 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 4,000 shares during the period. Huntington National Bank raised its holdings in shares of Corelogic by 12.7% in the 4th quarter. Huntington National Bank now owns 3,814 shares of the business services provider’s stock valued at $127,000 after purchasing an additional 430 shares during the period. Quantamental Technologies LLC bought a new stake in shares of Corelogic in the 4th quarter valued at about $164,000. Finally, Dupont Capital Management Corp bought a new stake in shares of Corelogic in the 4th quarter valued at about $179,000. 91.67% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:CLGX traded up $0.31 on Friday, reaching $42.12. 886,019 shares of the company’s stock were exchanged, compared to its average volume of 484,094. Corelogic Inc has a twelve month low of $31.87 and a twelve month high of $55.79. The firm has a market cap of $3.37 billion, a PE ratio of 17.85, a PEG ratio of 1.82 and a beta of 0.82. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.75.

Corelogic (NYSE:CLGX) last announced its earnings results on Tuesday, February 26th. The business services provider reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.01. Corelogic had a net margin of 6.81% and a return on equity of 18.89%. The firm had revenue of $403.31 million for the quarter, compared to analyst estimates of $412.00 million. During the same quarter in the prior year, the business posted $0.55 EPS. The business’s revenue was down 11.2% compared to the same quarter last year. On average, research analysts expect that Corelogic Inc will post 2.1 EPS for the current year.

A number of brokerages recently commented on CLGX. Zacks Investment Research upgraded shares of Corelogic from a “sell” rating to a “hold” rating in a research note on Tuesday, February 26th. TheStreet lowered shares of Corelogic from a “b-” rating to a “c+” rating in a research note on Monday, December 24th. ValuEngine upgraded shares of Corelogic from a “sell” rating to a “hold” rating in a research note on Saturday, April 13th. Deutsche Bank decreased their price target on shares of Corelogic from $45.00 to $36.00 and set a “hold” rating on the stock in a research note on Monday, January 7th. Finally, Stephens lowered shares of Corelogic from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $51.00 to $40.00 in a research note on Tuesday, January 29th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $46.78.

In related news, CEO Frank Martell sold 10,000 shares of the stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $40.01, for a total transaction of $400,100.00. Following the sale, the chief executive officer now owns 267,243 shares in the company, valued at approximately $10,692,392.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

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Corelogic Profile

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

Further Reading: Net Asset Value

Institutional Ownership by Quarter for Corelogic (NYSE:CLGX)

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