Mary Lee Widener Sells 1,900 Shares of Corelogic Inc (CLGX) Stock
Corelogic Inc (NYSE:CLGX) Director Mary Lee Widener sold 1,900 shares of the business’s stock in a transaction that occurred on Friday, May 17th. The stock was sold at an average price of $40.00, for a total value of $76,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
NYSE CLGX traded down $0.09 during trading on Monday, hitting $40.42. The company’s stock had a trading volume of 299,415 shares, compared to its average volume of 503,427. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.71. The company has a market cap of $3.27 billion, a P/E ratio of 17.13, a P/E/G ratio of 1.72 and a beta of 0.85. Corelogic Inc has a 52 week low of $31.87 and a 52 week high of $55.79.
Corelogic (NYSE:CLGX) last issued its quarterly earnings results on Wednesday, April 24th. The business services provider reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.04. The company had revenue of $417.71 million for the quarter, compared to the consensus estimate of $404.20 million. Corelogic had a return on equity of 18.13% and a net margin of 5.41%. The company’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS. Sell-side analysts expect that Corelogic Inc will post 2.14 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Nordea Investment Management AB increased its position in Corelogic by 4.4% in the 1st quarter. Nordea Investment Management AB now owns 186,800 shares of the business services provider’s stock worth $6,961,000 after buying an additional 7,800 shares during the period. Schonfeld Strategic Advisors LLC increased its position in Corelogic by 252.2% in the 1st quarter. Schonfeld Strategic Advisors LLC now owns 48,600 shares of the business services provider’s stock worth $1,811,000 after buying an additional 34,800 shares during the period. One Wealth Advisors LLC bought a new position in Corelogic in the 1st quarter worth approximately $124,000. Man Group plc increased its position in Corelogic by 171.0% in the 1st quarter. Man Group plc now owns 198,514 shares of the business services provider’s stock worth $7,397,000 after buying an additional 125,249 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Corelogic by 43.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 348,335 shares of the business services provider’s stock worth $12,979,000 after buying an additional 106,219 shares during the period. 90.22% of the stock is currently owned by institutional investors.
CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).
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