Compass Point assumed coverage on shares of Corelogic (NYSE:CLGX) in a research note published on Wednesday, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $49.00 price target on the business services provider’s stock.

Other equities analysts have also issued research reports about the company. BidaskClub raised Corelogic from a hold rating to a buy rating in a research note on Tuesday, October 17th. SunTrust Banks lowered Corelogic from a buy rating to a hold rating and set a $46.00 price objective on the stock. in a research note on Tuesday, November 28th. Piper Jaffray Companies reissued a hold rating and set a $50.00 price objective on shares of Corelogic in a research note on Friday, October 27th. William Blair lowered Corelogic from an outperform rating to a market perform rating in a research note on Wednesday, November 8th. Finally, Barclays boosted their price objective on Corelogic from $50.00 to $52.00 and gave the stock an overweight rating in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Corelogic has an average rating of Hold and a consensus target price of $49.25.

Corelogic (CLGX) opened at $45.98 on Wednesday. The firm has a market capitalization of $3,757.89, a price-to-earnings ratio of 43.38, a price-to-earnings-growth ratio of 1.95 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 has a 12 month low of $34.59 and a 12 month high of $49.30.

Corelogic (NYSE:CLGX) last released its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.72 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.01. The company had revenue of $483.10 million for the quarter, compared to analyst estimates of $490.09 million. Corelogic had a return on equity of 17.10% and a net margin of 4.86%. The firm’s revenue for the quarter was down 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. equities analysts forecast that Corelogic will post 2.04 EPS for the current fiscal year.

In other news, Director Mary Lee Widener sold 900 shares of the company’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $46.70, for a total value of $42,030.00. Following the transaction, the director now owns 8,434 shares of the company’s stock, valued at approximately $393,867.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Corelogic by 9.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,351 shares of the business services provider’s stock valued at $145,000 after purchasing an additional 283 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Corelogic by 1.8% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 25,329 shares of the business services provider’s stock valued at $1,099,000 after purchasing an additional 459 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of Corelogic by 5.5% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 15,340 shares of the business services provider’s stock valued at $590,000 after purchasing an additional 801 shares during the last quarter. Prudential PLC lifted its stake in shares of Corelogic by 0.3% in the 2nd quarter. Prudential PLC now owns 308,687 shares of the business services provider’s stock valued at $13,390,000 after purchasing an additional 1,000 shares during the last quarter. Finally, TD Asset Management Inc. lifted its stake in shares of Corelogic by 0.6% in the 3rd quarter. TD Asset Management Inc. now owns 210,400 shares of the business services provider’s stock valued at $9,725,000 after purchasing an additional 1,209 shares during the last quarter. 88.80% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “Corelogic (CLGX) Research Coverage Started at Compass Point” was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.thecerbatgem.com/2018/01/06/corelogic-clgx-research-coverage-started-at-compass-point.html.

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)

Receive News & Ratings for Corelogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corelogic and related companies with MarketBeat.com's FREE daily email newsletter.