Corelogic Inc (CLGX) : Crosslink Capital Inc reduced its stake in Corelogic Inc by 20.21% during the most recent quarter end. The investment management company now holds a total of 489,311 shares of Corelogic Inc which is valued at $19,058,663 after selling 123,930 shares in Corelogic Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Corelogic Inc makes up approximately 3.22% of Crosslink Capital Inc’s portfolio.
Other Hedge Funds, Including , Oberweis Asset Management Inc added CLGX to its portfolio by purchasing 7,600 company shares during the most recent quarter which is valued at $296,020. Corelogic Inc makes up approx 0.08% of Oberweis Asset Management Inc’s portfolio.Oxford Asset Management boosted its stake in CLGX in the latest quarter, The investment management firm added 77,262 additional shares and now holds a total of 109,473 shares of Corelogic Inc which is valued at $4,270,542. Corelogic Inc makes up approx 0.17% of Oxford Asset Management’s portfolio.Palisade Capital Managementnj reduced its stake in CLGX by selling 3,633 shares or 0.87% in the most recent quarter. The Hedge Fund company now holds 413,037 shares of CLGX which is valued at $16,005,184. Corelogic Inc makes up approx 0.68% of Palisade Capital Managementnj’s portfolio.California State Teachers Retirement System reduced its stake in CLGX by selling 5,438 shares or 2.79% in the most recent quarter. The Hedge Fund company now holds 189,191 shares of CLGX which is valued at $7,331,151. Corelogic Inc makes up approx 0.02% of California State Teachers Retirement System’s portfolio.
Corelogic Inc opened for trading at $41.08 and hit $41.29 on the upside on Thursday, eventually ending the session at $41.23, with a gain of 0.51% or 0.21 points. The heightened volatility saw the trading volume jump to 4,94,249 shares. Company has a market cap of $3,640 M.
On the company’s financial health, Corelogic Inc reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $0.62. The company had revenue of $500.00 million for the quarter, compared to analysts expectations of $483.18 million. The company’s revenue was up 29.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.
Many Wall Street Analysts have commented on Corelogic Inc. Company shares were Reiterated by Monness Crespi & Hardt on Jul 27, 2016 to “Buy”, Firm has raised the Price Target to $ 46 from a previous price target of $44 .Company shares were Downgraded by Robert W. Baird on Jul 27, 2016 to ” Neutral”, Firm has raised the Price Target to $ 41 from a previous price target of $40 .
CoreLogic Inc. is a property information analytics and data-enabled services provider operating in North America Western Europe and Asia Pacific. The Company provides detailed coverage of property mortgages and other encumbrances consumer credit tenancy location hazard risk and related performance information. It operates through two segments: Data & Analytics and Technology and Processing Solutions. The Data & Analytics segment owns or licenses data assets including loan information criminal and eviction records employment verification property sales and characteristic information property risk and replacement cost and information on mortgage-backed securities. The Technology and Processing Solutions segment provides property tax monitoring flood zone certification and monitoring credit services mortgage loan administration and production services lending solutions mortgage-related business process outsourcing technology solutions and compliance-related services