Profund Advisors LLC trimmed its holdings in shares of CoreLogic, Inc. (NYSE:CLGX) by 24.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,109 shares of the business services provider’s stock after selling 3,008 shares during the quarter. Profund Advisors LLC’s holdings in CoreLogic were worth $395,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in CoreLogic by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 7,213,386 shares of the business services provider’s stock worth $293,729,000 after acquiring an additional 301,853 shares in the last quarter. BlackRock Inc. boosted its stake in shares of CoreLogic by 0.3% during the second quarter. BlackRock Inc. now owns 6,776,233 shares of the business services provider’s stock valued at $293,953,000 after purchasing an additional 18,907 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of CoreLogic by 43.1% during the second quarter. Bessemer Group Inc. now owns 2,918,525 shares of the business services provider’s stock valued at $126,606,000 after purchasing an additional 879,164 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of CoreLogic by 12.3% during the second quarter. Schroder Investment Management Group now owns 2,088,663 shares of the business services provider’s stock valued at $90,439,000 after purchasing an additional 229,129 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of CoreLogic by 5.6% during the first quarter. AQR Capital Management LLC now owns 1,006,075 shares of the business services provider’s stock valued at $40,967,000 after purchasing an additional 53,401 shares in the last quarter. Hedge funds and other institutional investors own 88.16% of the company’s stock.

In other CoreLogic news, CEO Frank Martell sold 35,392 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were 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 in the company, valued at approximately $11,840,815.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Stergios Theologides sold 5,000 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $2,807,464. The disclosure for this sale can be found here. Insiders have sold a total of 71,242 shares of company stock valued at $3,325,193 in the last quarter. 1.20% of the stock is currently owned by company insiders.

CLGX has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of CoreLogic from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Thursday, July 27th. BidaskClub upgraded shares of CoreLogic from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $46.00 target price on shares of CoreLogic in a research note on Thursday, July 27th. Robert W. Baird raised their target price on shares of CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Tuesday, June 13th. Finally, Oppenheimer Holdings, Inc. raised their target price on shares of CoreLogic from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. CoreLogic currently has an average rating of “Hold” and an average target price of $45.00.

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Shares of CoreLogic, Inc. (NYSE:CLGX) opened at 47.00 on Thursday. CoreLogic, Inc. has a 52 week low of $34.59 and a 52 week high of $48.02. The firm has a 50-day moving average of $46.42 and a 200 day moving average of $43.58. The firm has a market capitalization of $3.96 billion, a P/E ratio of 43.16 and a beta of 0.93.

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

CoreLogic 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.

Institutional Ownership by Quarter for CoreLogic (NYSE:CLGX)

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