Two Sigma Investments LP Invests $4.21 Million in Corelogic Inc (CLGX)

Two Sigma Investments LP bought a new stake in Corelogic Inc (NYSE:CLGX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 91,099 shares of the business services provider’s stock, valued at approximately $4,210,000.

Several other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Corelogic by 1.8% in the fourth quarter. BlackRock Inc. now owns 6,974,865 shares of the business services provider’s stock valued at $322,310,000 after acquiring an additional 120,789 shares during the period. Lazard Asset Management LLC boosted its position in shares of Corelogic by 70.3% in the fourth quarter. Lazard Asset Management LLC now owns 3,316,386 shares of the business services provider’s stock valued at $153,250,000 after acquiring an additional 1,368,543 shares during the period. Schroder Investment Management Group boosted its position in shares of Corelogic by 4.0% in the fourth quarter. Schroder Investment Management Group now owns 2,191,221 shares of the business services provider’s stock valued at $101,256,000 after acquiring an additional 83,883 shares during the period. Neuberger Berman Group LLC boosted its position in shares of Corelogic by 4.7% in the third quarter. Neuberger Berman Group LLC now owns 1,360,517 shares of the business services provider’s stock valued at $62,883,000 after acquiring an additional 60,714 shares during the period. Finally, Copper Rock Capital Partners LLC boosted its position in shares of Corelogic by 3.6% in the fourth quarter. Copper Rock Capital Partners LLC now owns 755,376 shares of the business services provider’s stock valued at $34,634,000 after acquiring an additional 26,240 shares during the period. 89.82% of the stock is owned by institutional investors.

In related news, insider Barry M. Sando sold 1,383 shares of the company’s stock in a transaction dated Thursday, March 8th. The shares were sold at an average price of $46.00, for a total transaction of $63,618.00. Following the completion of the sale, the insider now owns 174,154 shares of the company’s stock, valued at $8,011,084. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.20% of the company’s stock.

Shares of Corelogic Inc (NYSE:CLGX) opened at $44.14 on Monday. Corelogic Inc has a 52-week low of $38.49 and a 52-week high of $49.30. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market cap of $3,596.80, a PE ratio of 24.52, a P/E/G ratio of 1.74 and a beta of 0.89.

Corelogic (NYSE:CLGX) last posted its quarterly earnings data on Monday, February 26th. The business services provider reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.05. Corelogic had a net margin of 8.22% and a return on equity of 16.73%. The business had revenue of $454.16 million during the quarter, compared to analysts’ expectations of $450.54 million. During the same quarter in the prior year, the business posted $0.56 earnings per share. Corelogic’s revenue was down 4.4% compared to the same quarter last year. analysts expect that Corelogic Inc will post 2.31 EPS for the current fiscal year.

A number of brokerages have recently issued reports on CLGX. Compass Point cut shares of Corelogic from a “neutral” rating to a “sell” rating and set a $43.00 target price for the company. in a research report on Tuesday, February 6th. Zacks Investment Research raised shares of Corelogic from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Robert W. Baird reduced their target price on shares of Corelogic from $48.00 to $47.00 and set a “neutral” rating for the company in a research report on Wednesday, February 7th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $52.00 target price on shares of Corelogic in a research report on Tuesday, February 27th. Finally, Barclays reissued a “buy” rating and issued a $58.00 target price on shares of Corelogic in a research report on Friday, January 5th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $47.78.

TRADEMARK VIOLATION NOTICE: “Two Sigma Investments LP Invests $4.21 Million in Corelogic Inc (CLGX)” was first posted by Ticker Report and is owned by of Ticker Report. If you are reading this report on another site, it was stolen and reposted in violation of US & international copyright law. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3302264/two-sigma-investments-lp-invests-4-21-million-in-corelogic-inc-clgx.html.

About Corelogic

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.

Want to see what other hedge funds are holding CLGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corelogic Inc (NYSE:CLGX).

Institutional Ownership by Quarter for Corelogic (NYSE:CLGX)

Receive News & Ratings for Corelogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corelogic and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Columbia Sportswear  Coverage Initiated by Analysts at Needham & Company LLC
Columbia Sportswear Coverage Initiated by Analysts at Needham & Company LLC
Cowen Reaffirms “Buy” Rating for Wabtec
Cowen Reaffirms “Buy” Rating for Wabtec
Airbus  Given a €118.00 Price Target by Goldman Sachs Analysts
Airbus Given a €118.00 Price Target by Goldman Sachs Analysts
Maven I&G VCT 3  Insider William Robert  Nixon Buys 9,631 Shares
Maven I&G VCT 3 Insider William Robert Nixon Buys 9,631 Shares
United Internet  Given a €56.00 Price Target by Goldman Sachs Analysts
United Internet Given a €56.00 Price Target by Goldman Sachs Analysts
Close Asset Management Ltd Sells 2,170 Shares of Merck & Co.
Close Asset Management Ltd Sells 2,170 Shares of Merck & Co.


© 2006-2018 Ticker Report. Google+.