Mary Lee Widener Sells 1,900 Shares of Corelogic Inc (CLGX) Stock
Corelogic Inc (NYSE:CLGX) Director Mary Lee Widener sold 1,900 shares of Corelogic stock in a transaction on Friday, May 17th. The shares were sold at an average price of $40.00, for a total transaction of $76,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
NYSE CLGX opened at $40.92 on Thursday. The stock has a market capitalization of $3.31 billion, a P/E ratio of 17.34, a price-to-earnings-growth ratio of 1.75 and a beta of 0.85. Corelogic Inc has a twelve month low of $31.87 and a twelve month high of $55.79. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.71.
Corelogic (NYSE:CLGX) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.04. The business had revenue of $417.71 million for the quarter, compared to analysts’ expectations of $404.20 million. Corelogic had a net margin of 5.41% and a return on equity of 18.13%. The firm’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.52 earnings per share. As a group, research analysts anticipate that Corelogic Inc will post 2.14 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of CLGX. Oregon Public Employees Retirement Fund increased its stake in Corelogic by 3,242.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,078,530 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 1,046,258 shares during the period. Norges Bank bought a new stake in Corelogic in the fourth quarter valued at about $29,433,000. D. E. Shaw & Co. Inc. increased its stake in Corelogic by 7.9% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 3,212,900 shares of the business services provider’s stock valued at $107,376,000 after acquiring an additional 236,056 shares during the period. Atlanta Capital Management Co. L L C increased its stake in Corelogic by 12.9% in the fourth quarter. Atlanta Capital Management Co. L L C now owns 1,623,455 shares of the business services provider’s stock valued at $54,256,000 after acquiring an additional 185,629 shares during the period. Finally, Royce & Associates LP bought a new stake in Corelogic in the first quarter valued at about $6,800,000. 88.53% of the stock is currently owned by institutional investors and hedge funds.
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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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