CIBC Asset Management Inc decreased its holdings in shares of CoreLogic, Inc. (NYSE:CLGX) by 22.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 5,082 shares of the business services provider’s stock after selling 1,459 shares during the period. CIBC Asset Management Inc’s holdings in CoreLogic were worth $235,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ETF Managers Group LLC purchased a new position in shares of CoreLogic in the 2nd quarter worth approximately $211,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of CoreLogic by 9.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,351 shares of the business services provider’s stock worth $145,000 after buying an additional 283 shares during the last quarter. Covington Capital Management purchased a new position in shares of CoreLogic in the 2nd quarter worth approximately $202,000. Calamos Advisors LLC purchased a new position in shares of CoreLogic in the 3rd quarter worth approximately $218,000. Finally, Greenwood Capital Associates LLC purchased a new position in shares of CoreLogic in the 2nd quarter worth approximately $210,000. 89.55% of the stock is currently owned by institutional investors and hedge funds.

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Shares of CoreLogic, Inc. (CLGX) opened at $44.40 on Tuesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.33 and a current ratio of 1.33. CoreLogic, Inc. has a 12 month low of $34.59 and a 12 month high of $49.30. The company has a market cap of $3,678.81, a P/E ratio of 22.11, a price-to-earnings-growth ratio of 1.99 and a beta of 0.87.

CoreLogic (NYSE:CLGX) last announced its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. CoreLogic had a net margin of 4.86% and a return on equity of 17.10%. The business had revenue of $483.10 million during the quarter, compared to analysts’ expectations of $490.09 million. During the same period in the previous year, the business posted $0.73 EPS. The business’s quarterly revenue was down 7.8% compared to the same quarter last year. equities research analysts predict that CoreLogic, Inc. will post 2.04 earnings per share for the current year.

In other news, CEO Frank Martell sold 35,392 shares of CoreLogic stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $47.11, for a total transaction of $1,667,317.12. Following the completion of the transaction, the chief executive officer now directly owns 251,344 shares of the company’s stock, valued at approximately $11,840,815.84. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Mary Lee Widener sold 900 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $46.70, for a total transaction of $42,030.00. Following the completion of the sale, the director now directly owns 8,434 shares of the company’s stock, valued at approximately $393,867.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 59,492 shares of company stock valued at $2,799,979. Insiders own 1.20% of the company’s stock.

CLGX has been the topic of a number of analyst reports. BidaskClub downgraded shares of CoreLogic from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. 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 report on Thursday, July 27th. Zacks Investment Research raised shares of CoreLogic from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $46.00 price objective on shares of CoreLogic in a research report on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. CoreLogic has an average rating of “Hold” and an average target price of $46.50.

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.

Institutional Ownership by Quarter for CoreLogic (NYSE:CLGX)

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