Corelogic (NYSE:CLGX) Price Target Increased to $52.00 by Analysts at Robert W. Baird

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Corelogic (NYSE:CLGX) had its target price upped by Robert W. Baird from $45.00 to $52.00 in a report issued on Thursday morning, BenzingaRatingsTable reports. Robert W. Baird currently has a neutral rating on the business services provider’s stock.

Several other brokerages also recently commented on CLGX. Wolfe Research downgraded shares of Corelogic from an outperform rating to a market perform rating and set a $46.00 target price on the stock. in a research note on Friday, October 25th. TheStreet downgraded shares of Corelogic from a b- rating to a c rating in a research note on Friday, November 8th. SunTrust Banks set a $44.00 target price on shares of Corelogic and gave the stock a hold rating in a research note on Friday, October 25th. Zacks Investment Research downgraded shares of Corelogic from a buy rating to a hold rating in a research note on Monday, January 6th. Finally, Deutsche Bank downgraded shares of Corelogic from a hold rating to a sell rating and decreased their target price for the stock from $43.00 to $39.00 in a research note on Thursday, October 24th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. Corelogic currently has an average rating of Hold and a consensus price target of $46.71.

Shares of NYSE CLGX opened at $51.27 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.75. Corelogic has a 52 week low of $35.62 and a 52 week high of $51.74. The firm’s fifty day moving average is $46.83 and its 200 day moving average is $44.85. The company has a market cap of $4.08 billion, a price-to-earnings ratio of 131.46, a PEG ratio of 1.84 and a beta of 0.72.

In related news, CFO James L. Balas sold 2,000 shares of Corelogic stock in a transaction on Friday, December 6th. The shares were sold at an average price of $42.00, for a total value of $84,000.00. Following the sale, the chief financial officer now owns 79,971 shares in the company, valued at $3,358,782. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Frank Martell sold 7,500 shares of Corelogic stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $43.99, for a total transaction of $329,925.00. Following the completion of the sale, the chief executive officer now owns 311,095 shares in the company, valued at approximately $13,685,069.05. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 17,250 shares of company stock worth $783,425. 1.10% of the stock is owned by insiders.

A number of large investors have recently added to or reduced their stakes in CLGX. Knuff & Co LLC bought a new stake in Corelogic in the third quarter valued at $28,000. Advisory Services Network LLC boosted its holdings in shares of Corelogic by 69.2% during the 4th quarter. Advisory Services Network LLC now owns 785 shares of the business services provider’s stock valued at $34,000 after buying an additional 321 shares in the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of Corelogic during the 4th quarter valued at $46,000. FNY Investment Advisers LLC bought a new stake in shares of Corelogic during the 4th quarter valued at $65,000. Finally, Penserra Capital Management LLC boosted its holdings in shares of Corelogic by 68.2% during the 4th quarter. Penserra Capital Management LLC now owns 1,924 shares of the business services provider’s stock valued at $89,000 after buying an additional 780 shares in the last quarter. Institutional investors and hedge funds own 90.40% of the company’s stock.

Corelogic Company Profile

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

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Analyst Recommendations for Corelogic (NYSE:CLGX)

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