There has been some selling insider activity on CoreLogic, Inc. Common Stock (NYSE:CLGX) recently. Mary Lee Widener, Director disclosed the sale of 1,000 shares of (CLGX). The shares were sold on June 8th for an average price of $42.79. Widener now owns $400,239 of the stock per the Form 4 SEC filing. General Counsel and Secretary Stergios Theologides disclosed the sale of 5,000 shares. The shares were purchased at an average price of $42.60. The General Counsel and Secretary now owns $2,505,136 of the stock according to the SEC filing.
Director J. David Chatham sold 3,760 shares at an average price of $42.00 on Fri the 19th. That brings Chatham’s holdings to $200,340 per an SEC filing yesterday.
CoreLogic, Inc., launched on October 13, 2009, 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. The Business’s segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate. The Company offers its clients a national database of public, contributory and data covering real property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, non-prime lending records, credit information and tax information, among other data types. As of December 31, 2016, the Business’s databases included over 904 million historical property transactions, over 100 million mortgage applications and property-specific data covering approximately 99% of the United States residential properties, as well as commercial locations, totaling over 150 million records..
These funds have also shifted positions in (CLGX). Proficio Capital Partners LLC expanded its position by buying 55 shares an increase of 275.0% in the quarter. Proficio Capital Partners LLC now controls 75 shares worth $3,000. The total value of its holdings increased 200.0%. Morgan Stanley reduced its holdings by selling 41 shares a decrease of 17.0%. Morgan Stanley now holds 200 shares with a value of $8,000. The value of the position overall is down by 11.1%.
As of quarter end Winton Group Ltd had acquired a total of 83,959 shares growing its position 1,011.8%. The value of the investment in (CLGX) went from $306,000 to $3,757,000 a change of 1,127.8% quarter to quarter. Schroder Investment Management Group bolstered its investment by buying 21,021 shares an increase of 1.1% from 12/31/2016 to 03/31/2017. Schroder Investment Management Group currently owns 1,859,534 shares valued at $75,200,000. The value of the position overall is up by 11.1%.
Equity analyst Deutsche Bank began coverage of CLGX with a rating of “Sell”. August 18 investment analysts at Barclays maintained a stock rating of “Overweight” but raised the price target to $50.00 from $46.00.
On July 27 the stock rating was downgraded from “Outperform” to “Neutral” by analysts at Baird. On July 7 Barclays held the stock rating at “Overweight” but raised the price expectation from $44.00 to $46.00.
On March 24 Macquarie kept the stock rating at “Underperform” and lowered the price expectation from $35.00 to $33.00. On February 29 Keefe Bruyette & Woods left the stock rating at “Market Perform” and lowered the price target to $41.00 from $42.50.
The company is down from yesterday’s close of $42.88. Company shares last traded at $42.54 which is a tad above $42.41, the stock’s 50 day moving average and which is marginally higher than the 200 day moving average of $39.21. The 50 day moving average went up by +0.31% and the 200 day average moved up $3.33.
CoreLogic, Inc. Common Stock’s P/E ratio is 39.91 and market capitalization is 3.60B. In the last earnings report the EPS was $1.07 and is expected to be $2.28 for the current year with 84,642,000 shares outstanding. Next quarter’s EPS is forecasted at $0.69 and the next full year EPS is projected to be $2.59.