Corelogic (NYSE:CLGX) had its price objective dropped by investment analysts at Robert W. Baird from $48.00 to $47.00 in a research note issued on Wednesday. The brokerage currently has a “neutral” rating on the business services provider’s stock. Robert W. Baird’s price objective would indicate a potential upside of 8.22% from the stock’s previous close.

A number of other research analysts have also weighed in on CLGX. BidaskClub raised Corelogic from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Piper Jaffray Companies reissued a “hold” rating and set a $50.00 target price on shares of Corelogic in a report on Friday, October 27th. Barclays boosted their target price on Corelogic from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. Zacks Investment Research lowered Corelogic from a “hold” rating to a “sell” rating in a report on Monday, October 30th. Finally, William Blair lowered Corelogic from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $48.88.

Corelogic (NYSE CLGX) opened at $43.43 on Wednesday. The firm has a market capitalization of $3,704.35, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 1.93 and a beta of 0.88. Corelogic has a 1 year low of $36.31 and a 1 year high of $49.30. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.33 and a current ratio of 1.33.

Several hedge funds have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. increased its holdings in shares of Corelogic by 1.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 25,329 shares of the business services provider’s stock worth $1,099,000 after acquiring an additional 459 shares during the last quarter. TD Asset Management Inc. boosted its stake in Corelogic by 0.6% in the 3rd quarter. TD Asset Management Inc. now owns 210,400 shares of the business services provider’s stock valued at $9,725,000 after purchasing an additional 1,209 shares during the period. First Trust Advisors LP boosted its stake in Corelogic by 0.5% in the 3rd quarter. First Trust Advisors LP now owns 247,814 shares of the business services provider’s stock valued at $11,454,000 after purchasing an additional 1,227 shares during the period. Invictus RG boosted its stake in Corelogic by 98.4% in the 3rd quarter. Invictus RG now owns 2,633 shares of the business services provider’s stock valued at $122,000 after purchasing an additional 1,306 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Corelogic by 46.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,921 shares of the business services provider’s stock valued at $227,000 after purchasing an additional 1,570 shares during the period. 88.84% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Corelogic (NYSE:CLGX)

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