Quantitative Investment Management LLC bought a new stake in CoreLogic, Inc. (NYSE:CLGX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 132,900 shares of the business services provider’s stock, valued at approximately $5,765,000. Quantitative Investment Management LLC owned 0.16% of CoreLogic as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CLGX. Lazard Asset Management LLC acquired a new position in shares of CoreLogic in the second quarter worth $54,918,000. Mutual of America Capital Management LLC grew its stake in shares of CoreLogic by 4.9% in the second quarter. Mutual of America Capital Management LLC now owns 69,587 shares of the business services provider’s stock worth $3,019,000 after acquiring an additional 3,279 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of CoreLogic by 1.0% in the second quarter. PNC Financial Services Group Inc. now owns 175,130 shares of the business services provider’s stock worth $7,598,000 after acquiring an additional 1,785 shares in the last quarter. Laurion Capital Management LP grew its stake in shares of CoreLogic by 157.9% in the second quarter. Laurion Capital Management LP now owns 14,700 shares of the business services provider’s stock worth $638,000 after acquiring an additional 9,000 shares in the last quarter. Finally, BlueMountain Capital Management LLC grew its stake in shares of CoreLogic by 120.2% in the second quarter. BlueMountain Capital Management LLC now owns 31,725 shares of the business services provider’s stock worth $1,376,000 after acquiring an additional 17,317 shares in the last quarter. 88.16% of the stock is currently owned by institutional investors.

CoreLogic, Inc. (CLGX) opened at 45.84 on Monday. The company’s 50 day moving average is $46.15 and its 200-day moving average is $43.11. The firm has a market cap of $3.86 billion, a P/E ratio of 42.09 and a beta of 0.95. CoreLogic, Inc. has a 52 week low of $34.59 and a 52 week high of $48.02.

CoreLogic (NYSE:CLGX) last issued its earnings results on Tuesday, July 25th. The business services provider reported $0.72 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.06. CoreLogic had a net margin of 4.99% and a return on equity of 17.07%. The business had revenue of $473.98 million for the quarter, compared to the consensus estimate of $478.72 million. During the same quarter last year, the firm posted $0.65 EPS. The business’s revenue for the quarter was down 5.2% compared to the same quarter last year. Equities analysts expect that CoreLogic, Inc. will post $2.33 earnings per share for the current year.

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Several equities analysts have commented on CLGX shares. BidaskClub upgraded shares of CoreLogic from a “hold” rating to a “buy” rating in a research note on Thursday, August 24th. Zacks Investment Research downgraded shares of CoreLogic from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Barclays PLC boosted their price target on shares of CoreLogic from $48.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, June 9th. Robert W. Baird boosted their price target on shares of CoreLogic from $42.00 to $44.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 13th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $46.00 price target on shares of CoreLogic in a research note on Thursday, July 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $45.00.

In related news, CEO Frank Martell sold 35,392 shares of the firm’s stock in a transaction 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 sale, 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 document filed with the SEC, which is available through the SEC website. Also, General Counsel Stergios Theologides sold 5,000 shares of the firm’s stock in a transaction on Friday, July 14th. The shares were sold at an average price of $44.00, for a total transaction of $220,000.00. Following the sale, the general counsel now directly owns 63,806 shares of the company’s stock, valued at $2,807,464. The disclosure for this sale can be found here. In the last three months, insiders sold 71,242 shares of company stock worth $3,325,193. Insiders own 1.20% of the company’s stock.

CoreLogic 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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Institutional Ownership by Quarter for CoreLogic (NYSE:CLGX)

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