CoreLogic, Inc. (NYSE:CLGX) has been assigned an average recommendation of “Hold” from the nine analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $44.14.

A number of research analysts have issued reports on the company. BidaskClub raised CoreLogic from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. Zacks Investment Research raised CoreLogic from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a report on Wednesday. Oppenheimer Holdings, Inc. raised their target price on CoreLogic from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. Barclays PLC raised their target price on 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 raised their target price on CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Tuesday, June 13th.

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In other news, General Counsel Stergios Theologides sold 5,000 shares of CoreLogic stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $44.00, for a total transaction of $220,000.00. Following the transaction, the general counsel now owns 63,806 shares in the company, valued at approximately $2,807,464. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director J David Chatham sold 3,760 shares of CoreLogic stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $42.00, for a total value of $157,920.00. Following the transaction, the director now 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 11,410 shares of company stock valued at $490,997 over the last 90 days. Corporate insiders own 1.20% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. CrestPoint Capital Management LLC purchased a new stake in CoreLogic during the first quarter valued at approximately $208,000. Norges Bank purchased a new stake in CoreLogic during the fourth quarter valued at approximately $30,208,000. Karp Capital Management Corp purchased a new stake in CoreLogic during the first quarter valued at approximately $573,000. Vanguard Group Inc. boosted 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 valued at $293,729,000 after buying an additional 301,853 shares during the last quarter. Finally, Capstone Asset Management Co. boosted 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 valued at $470,000 after buying an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 89.80% of the company’s stock.

CoreLogic (NYSE:CLGX) traded up 0.24% during mid-day trading on Friday, hitting $45.48. 272,569 shares of the stock traded hands. CoreLogic has a 1-year low of $34.59 and a 1-year high of $45.99. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 41.76 and a beta of 0.97. The stock has a 50-day moving average of $43.61 and a 200 day moving average of $40.92.

CoreLogic (NYSE:CLGX) last issued its quarterly earnings data on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.06. The company had revenue of $473.98 million during the quarter, compared to analysts’ expectations of $478.72 million. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The business’s revenue was down 5.2% on a year-over-year basis. During the same period last year, the business earned $0.65 earnings per share. On average, equities analysts expect that CoreLogic will post $2.33 EPS for the current year.

About CoreLogic

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.

Analyst Recommendations for CoreLogic (NYSE:CLGX)

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