BidaskClub lowered shares of CoreLogic, Inc. (NYSE:CLGX) from a hold rating to a sell rating in a research report released on Friday.

A number of other brokerages have also commented on CLGX. Keefe, Bruyette & Woods reaffirmed a hold rating and issued a $46.00 price target on shares of CoreLogic in a research note on Thursday, July 27th. Zacks Investment Research lowered CoreLogic from a buy rating to a hold rating in a research note on Friday, July 28th. Robert W. Baird raised their price target on CoreLogic from $42.00 to $44.00 and gave the stock a neutral rating in a research note on Tuesday, June 13th. Barclays PLC raised their price target on CoreLogic from $48.00 to $50.00 and gave the stock an overweight rating in a research note on Friday, June 9th. Finally, Oppenheimer Holdings, Inc. raised their price target on CoreLogic from $45.00 to $50.00 and gave the stock an outperform rating in a research note on Thursday, July 27th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of Hold and an average target price of $45.00.

Shares of CoreLogic (NYSE CLGX) opened at 45.84 on Friday. The company has a market cap of $3.86 billion, a price-to-earnings ratio of 42.09 and a beta of 0.95. CoreLogic has a 1-year low of $34.59 and a 1-year high of $48.02. The stock has a 50 day moving average of $46.15 and a 200 day moving average of $43.11.

CoreLogic (NYSE:CLGX) last announced its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The company had revenue of $473.98 million during the quarter, compared to analyst estimates of $478.72 million. During the same quarter last year, the firm posted $0.65 earnings per share. The firm’s revenue was down 5.2% on a year-over-year basis. Analysts predict that CoreLogic will post $2.33 EPS for the current year.

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In other CoreLogic news, CEO Frank Martell sold 35,392 shares of the firm’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $47.11, for a total transaction of $1,667,317.12. Following the completion of the transaction, the chief executive officer now owns 251,344 shares of the company’s stock, valued at $11,840,815.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Stergios Theologides sold 5,000 shares of the firm’s stock in a transaction on Friday, July 14th. The shares were sold at an average price of $44.00, for a total value of $220,000.00. Following the transaction, the general counsel now directly owns 63,806 shares of the company’s stock, valued at approximately $2,807,464. The disclosure for this sale can be found here. Insiders have sold 71,242 shares of company stock valued at $3,325,193 in the last three months. Insiders own 1.20% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. Somerset Trust Co lifted its position in CoreLogic by 0.4% during the second quarter. Somerset Trust Co now owns 10,666 shares of the business services provider’s stock valued at $463,000 after buying an additional 47 shares during the period. World Asset Management Inc lifted its position 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 valued at $254,000 after buying an additional 120 shares during the period. Capstone Asset Management Co. lifted its position in CoreLogic by 1.1% during the second quarter. Capstone Asset Management Co. now owns 11,682 shares of the business services provider’s stock valued at $507,000 after buying an additional 130 shares during the period. Advantus Capital Management Inc lifted its position in CoreLogic by 1.3% during the first quarter. Advantus Capital Management Inc now owns 10,802 shares of the business services provider’s stock valued at $440,000 after buying an additional 141 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. lifted its position in CoreLogic by 0.7% during the first quarter. Liberty Mutual Group Asset Management Inc. now owns 37,916 shares of the business services provider’s stock valued at $1,543,000 after buying an additional 275 shares during the period. 88.16% of the stock is owned by institutional investors and hedge funds.

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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