Corelogic Inc (CLGX) : Tyrian Investments added new position in Corelogic Inc during the most recent quarter end. The investment management firm now holds 46,500 shares of Corelogic Inc which is valued at $1,811,175 , the company said in a statement filed on Aug 15, 2016 with the SEC.Corelogic Inc makes up approximately 2.70% of Tyrian Investments’s portfolio.
Other Hedge Funds, Including , Jane Street Group added CLGX to its portfolio by purchasing 6,898 company shares during the most recent quarter which is valued at $268,677.Parametric Portfolio Associates reduced its stake in CLGX by selling 10,469 shares or 6.02% in the most recent quarter. The Hedge Fund company now holds 163,476 shares of CLGX which is valued at $6,367,390. Corelogic Inc makes up approx 0.01% of Parametric Portfolio Associates’s portfolio. Trexquant Investment Lp sold out all of its stake in CLGX during the most recent quarter. The investment firm sold 14,000 shares of CLGX which is valued $545,300.Smith Asset Management Group Lp reduced its stake in CLGX by selling 2,800 shares or 0.25% in the most recent quarter. The Hedge Fund company now holds 1,115,720 shares of CLGX which is valued at $43,412,665. Corelogic Inc makes up approx 1.26% of Smith Asset Management Group Lp’s portfolio. Parametrica Management Ltd added CLGX to its portfolio by purchasing 6,342 company shares during the most recent quarter which is valued at $258,437. Corelogic Inc makes up approx 0.37% of Parametrica Management Ltd’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