Quantitative Systematic Strategies LLC trimmed its stake in Corelogic Inc (NYSE:CLGX) by 33.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,835 shares of the business services provider’s stock after selling 2,449 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in Corelogic were worth $223,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in CLGX. Ameritas Investment Partners Inc. grew its stake in Corelogic by 1.8% during the second quarter. Ameritas Investment Partners Inc. now owns 25,329 shares of the business services provider’s stock worth $1,099,000 after buying an additional 459 shares during the period. TD Asset Management Inc. grew its stake in Corelogic by 0.6% during the third quarter. TD Asset Management Inc. now owns 210,400 shares of the business services provider’s stock worth $9,725,000 after buying an additional 1,209 shares during the period. First Trust Advisors LP grew its stake in Corelogic by 0.5% during the third quarter. First Trust Advisors LP now owns 247,814 shares of the business services provider’s stock worth $11,454,000 after buying an additional 1,227 shares during the period. Invictus RG grew its stake in Corelogic by 98.4% during the third quarter. Invictus RG now owns 2,633 shares of the business services provider’s stock worth $122,000 after buying an additional 1,306 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Corelogic by 46.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,921 shares of the business services provider’s stock worth $227,000 after buying an additional 1,570 shares during the period. Hedge funds and other institutional investors own 88.84% of the company’s stock.

Several equities research analysts have issued reports on the stock. Compass Point downgraded shares of Corelogic from a “neutral” rating to a “sell” rating and set a $43.00 price objective for the company. in a research note on Tuesday, February 6th. Zacks Investment Research downgraded shares of Corelogic from a “hold” rating to a “sell” rating in a research note on Tuesday, February 6th. Robert W. Baird decreased their price objective on shares of Corelogic from $48.00 to $47.00 and set a “neutral” rating for the company in a research note on Wednesday. Barclays boosted their price objective on shares of Corelogic from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Friday, October 27th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $50.00 price objective on shares of Corelogic in a research note on Friday, October 27th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $48.88.

Corelogic Inc (NYSE:CLGX) opened at $42.81 on Friday. The firm has a market cap of $3,526.43, a price-to-earnings ratio of 21.19, a PEG ratio of 1.82 and a beta of 0.88. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.69. Corelogic Inc has a 52 week low of $36.31 and a 52 week high of $49.30.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.thecerbatgem.com/2018/02/11/corelogic-inc-clgx-position-cut-by-quantitative-systematic-strategies-llc.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.

Want to see what other hedge funds are holding CLGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corelogic Inc (NYSE:CLGX).

Institutional Ownership by Quarter 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.