The Alliancebernstein L.P. Has $2.31 Million Position in CoreLogic, Inc. (CLGX)

The Alliancebernstein L.P. Has $2.31 Million Position in CoreLogic, Inc. (CLGX)

Several other large investors also recently added to or reduced their stakes in CLGX. Tyers Asset Management LLC raised its position in CoreLogic by 1.4% in the first quarter. Tyers Asset Management LLC now owns 3,256 shares of the business services provider’s stock worth $133,000 after buying an additional 44 shares during the period. Flinton Capital Management LLC raised its position in CoreLogic by 1.4% in the first quarter. Flinton Capital Management LLC now owns 4,144 shares of the business services provider’s stock worth $169,000 after buying an additional 56 shares during the period. Neuburgh Advisers LLC raised its position in CoreLogic by 1.4% in the first quarter. Neuburgh Advisers LLC now owns 5,032 shares of the business services provider’s stock worth $205,000 after buying an additional 68 shares during the period. Capstone Asset Management Co. raised its position in CoreLogic by 1.5% in the first quarter. Capstone Asset Management Co. now owns 11,552 shares of the business services provider’s stock worth $470,000 after buying an additional 170 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its position in CoreLogic by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 31,037 shares of the business services provider’s stock worth $1,264,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 89.80% of the company’s stock.

Alliancebernstein L.P. lowered its stake in shares of CoreLogic, Inc. (NYSE:CLGX) by 8.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 56,701 shares of the business services provider’s stock after selling 5,520 shares during the period. Alliancebernstein L.P. owned 0.07% of CoreLogic worth $2,309,000 at the end of the most recent reporting period.

CoreLogic, Inc. (NYSE:CLGX) traded down 0.18% on Wednesday, reaching $45.40. 562,420 shares of the company’s stock traded hands. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 41.69 and a beta of 0.97. The firm has a 50-day moving average price of $43.61 and a 200-day moving average price of $40.92. CoreLogic, Inc. has a 52 week low of $34.59 and a 52 week high of $45.99.

CoreLogic (NYSE:CLGX) last issued its earnings results on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The business had revenue of $473.98 million during the quarter, compared to the consensus estimate of $478.72 million. During the same period last year, the company earned $0.65 EPS. The company’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, analysts predict that CoreLogic, Inc. will post $2.31 earnings per share for the current year.

CLGX has been the subject of a number of recent research reports. Barclays PLC raised their target price on shares of CoreLogic from $48.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, June 9th. BidaskClub raised shares of CoreLogic from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. Robert W. Baird raised their target price on shares of CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Tuesday, June 13th. Zacks Investment Research lowered shares of CoreLogic from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. lifted their price objective on shares of CoreLogic from $45.00 to $50.00 and gave the stock an “outperform” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $45.00.

In other news, General Counsel Stergios Theologides sold 5,000 shares of the stock in a transaction on Friday, July 14th. The stock was sold at an average price of $44.00, for a total transaction of $220,000.00. Following the completion of the transaction, the general counsel now directly owns 63,806 shares in the company, valued at approximately $2,807,464. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mary Lee Widener sold 1,250 shares of the stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $41.65, for a total value of $52,062.50. Following the transaction, the director now owns 10,354 shares of the company’s stock, valued at $431,244.10. The disclosure for this sale can be found here. Insiders sold a total of 11,410 shares of company stock valued at $490,997 over the last ninety days. Corporate insiders own 1.20% of the company’s stock.

CoreLogic Company Profile

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.

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