CoreLogic, Inc. (NYSE:CLGX).
Fisher Asset Management, LLC says it sold 51,552 shares during the last quarter decreasing its holdings in CoreLogic, Inc. by 2.3%. Its stake was worth $95,744,000 an increase of 4.1% as of the end of the quarter.
Other firms have also shifted positions in (CLGX). Clinton Group Inc divested its investment by selling 31,977 shares a decrease of 84.5% from 12/31/2016 to 03/31/2017. Clinton Group Inc owns 5,854 shares with a value of $238,000. The value of the position overall is down by 82.9%. As of the end of the quarter Capstone Asset Management Co had acquired 130 shares growing its holdings by 1.1%. The value of the company’s investment in CoreLogic, Inc. increased from $470,000 to $507,000 increasing 7.9% since the last quarter.
As of quarter end Copper Rock Capital Partners, LLC had sold a total of 22,289 shares trimming its stake by 3.5%. The value of the total investment in CoreLogic, Inc. went from $25,448,000 to $26,283,000 a change of $835,000 quarter over quarter.
Equity analyst Deutsche Bank released its first research report on the stock giving it an initial rating of “Sell”. On August 18 Barclays held the company rating at “Overweight” but raised the price expectation to $50.00 from $46.00.
On July 27 the company was downgraded from “Outperform” to “Neutral” in a report from Baird. July 7 investment analysts at Barclays held the stock rating at “Overweight” but raised the price target from $44.00 to $46.00.
March 24 investment analysts at Macquarie maintained a company rating of “Underperform” but moved down the price target from $35.00 to $33.00. February 29 investment analysts at Keefe Bruyette & Woods maintained a stock rating of “Market Perform” and lowered the price target from $42.50 to $41.00.
In the market the company is trading up since yesterday’s close of $42.99. Company shares last traded at $43.66 a tad higher than $42.69, the 50 day moving average and which is slightly above the 200 day moving average of $39.74. The 50 day moving average was up $0.97 or +2.27% whereas the 200 day average was up by +9.87%.
The company’s P/E ratio is 40.96 and the market value is 3.70B. In the latest earnings report the EPS was $1.07 and is expected to be $2.28 for the current year with 84,642,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.69 and the next full year EPS is anticipated to be $2.59.