Dimensional Fund Advisors LP Purchases 79,447 Shares of CoreLogic, Inc. (CLGX)

Dimensional Fund Advisors LP grew its position in shares of CoreLogic, Inc. (NYSE:CLGX) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,647,527 shares of the business services provider’s stock after acquiring an additional 79,447 shares during the quarter. Dimensional Fund Advisors LP owned 1.95% of CoreLogic worth $71,470,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in CoreLogic by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 7,213,386 shares of the business services provider’s stock worth $293,729,000 after acquiring an additional 301,853 shares during the last quarter. BlackRock Inc. boosted its position in CoreLogic by 0.3% during the 2nd quarter. BlackRock Inc. now owns 6,776,233 shares of the business services provider’s stock worth $293,953,000 after acquiring an additional 18,907 shares during the last quarter. Bessemer Group Inc. boosted its position in CoreLogic by 43.1% during the 2nd quarter. Bessemer Group Inc. now owns 2,918,525 shares of the business services provider’s stock worth $126,606,000 after acquiring an additional 879,164 shares during the last quarter. Schroder Investment Management Group boosted its position in CoreLogic by 12.3% during the 2nd quarter. Schroder Investment Management Group now owns 2,088,663 shares of the business services provider’s stock worth $90,439,000 after acquiring an additional 229,129 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in CoreLogic during the 2nd quarter worth approximately $54,918,000. 88.16% of the stock is owned by hedge funds and other institutional investors.

Shares of CoreLogic, Inc. (NYSE CLGX) opened at 48.12 on Wednesday. The stock has a 50 day moving average price of $46.67 and a 200 day moving average price of $43.85. CoreLogic, Inc. has a 12-month low of $34.59 and a 12-month high of $48.20. The firm has a market cap of $4.06 billion, a P/E ratio of 44.19 and a beta of 0.93.

CoreLogic (NYSE:CLGX) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.06. The company had revenue of $473.98 million for the quarter, compared to analysts’ expectations of $478.72 million. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. CoreLogic’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.65 earnings per share. On average, equities analysts expect that CoreLogic, Inc. will post $2.33 earnings per share for the current year.

In other CoreLogic news, insider Barry M. Sando sold 23,200 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $47.01, for a total value of $1,090,632.00. Following the transaction, the insider now owns 156,661 shares of the company’s stock, valued at $7,364,633.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Stergios Theologides sold 5,000 shares of the business’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $44.00, for a total value of $220,000.00. Following the completion of the transaction, the general counsel now directly owns 63,806 shares in the company, valued at approximately $2,807,464. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 71,242 shares of company stock worth $3,325,193. 1.20% of the stock is owned by insiders.

A number of research firms have weighed in on CLGX. BidaskClub raised CoreLogic from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research downgraded CoreLogic from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $46.00 price target on shares of CoreLogic in a research report on Thursday, July 27th. Oppenheimer Holdings, Inc. upped their price target on CoreLogic from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. Finally, Robert W. Baird increased their price objective on CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. CoreLogic currently has an average rating of “Hold” and a consensus target price of $45.00.

COPYRIGHT VIOLATION NOTICE: “Dimensional Fund Advisors LP Purchases 79,447 Shares of CoreLogic, Inc. (CLGX)” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was illegally copied and republished in violation of U.S. & international c

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in CoreLogic by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 7,213,386 shares of the business services provider’s stock worth $293,729,000 after acquiring an additional 301,853 shares during the last quarter. BlackRock Inc. boosted its position in CoreLogic by 0.3% during the 2nd quarter. BlackRock Inc. now owns 6,776,233 shares of the business services provider’s stock worth $293,953,000 after acquiring an additional 18,907 shares during the last quarter. Bessemer Group Inc. boosted its position in CoreLogic by 43.1% during the 2nd quarter. Bessemer Group Inc. now owns 2,918,525 shares of the business services provider’s stock worth $126,606,000 after acquiring an additional 879,164 shares during the last quarter. Schroder Investment Management Group boosted its position in CoreLogic by 12.3% during the 2nd quarter. Schroder Investment Management Group now owns 2,088,663 shares of the business services provider’s stock worth $90,439,000 after acquiring an additional 229,129 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in CoreLogic during the 2nd quarter worth approximately $54,918,000. 88.16% of the stock is owned by hedge funds and other institutional investors.

Shares of CoreLogic, Inc. (NYSE CLGX) opened at 48.12 on Wednesday. The stock has a 50 day moving average price of $46.67 and a 200 day moving average price of $43.85. CoreLogic, Inc. has a 12-month low of $34.59 and a 12-month high of $48.20. The firm has a market cap of $4.06 billion, a P/E ratio of 44.19 and a beta of 0.93.

CoreLogic (NYSE:CLGX) last announced its earnings results on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.06. The company had revenue of $473.98 million for the quarter, compared to analysts’ expectations of $478.72 million. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. CoreLogic’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.65 earnings per share. On average, equities analysts expect that CoreLogic, Inc. will post $2.33 earnings per share for the current year.

In other CoreLogic news, insider Barry M. Sando sold 23,200 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $47.01, for a total value of $1,090,632.00. Following the transaction, the insider now owns 156,661 shares of the company’s stock, valued at $7,364,633.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Stergios Theologides sold 5,000 shares of the business’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $44.00, for a total value of $220,000.00. Following the completion of the transaction, the general counsel now directly owns 63,806 shares in the company, valued at approximately $2,807,464. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 71,242 shares of company stock worth $3,325,193. 1.20% of the stock is owned by insiders.

A number of research firms have weighed in on CLGX. BidaskClub raised CoreLogic from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. Zacks Investment Research downgraded CoreLogic from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $46.00 price target on shares of CoreLogic in a research report on Thursday, July 27th. Oppenheimer Holdings, Inc. upped their price target on CoreLogic from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Thursday, July 27th. Finally, Robert W. Baird increased their price objective on CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a report on Tuesday, June 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. CoreLogic currently has an average rating of “Hold” and a consensus target price of $45.00.

COPYRIGHT VIOLATION NOTICE: “Dimensional Fund Advisors LP Purchases 79,447 Shares of CoreLogic, Inc. (CLGX)” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was illegally copied and republished in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/11/dimensional-fund-advisors-lp-purchases-79447-shares-of-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.

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Institutional Ownership by Quarter for CoreLogic (NYSE:CLGX)

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