CoreLogic, Inc. (CLGX) Sets 52-Week High; Strong Momentum for Holders

June 12, 2018 - By Henry Gaston

CoreLogic, Inc. (NYSE:CLGX) Logo

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.22, from 1 in 2017Q4. It is negative, as 22 investors sold CoreLogic, Inc. shares while 92 reduced holdings. 31 funds opened positions while 58 raised stakes. 72.80 million shares or 3.10% more from 70.61 million shares in 2017Q4 were reported.
Dimensional Fund Advisors L P has invested 0.03% in CoreLogic, Inc. (NYSE:CLGX). Sg Americas Secs Ltd Company has invested 0.01% in CoreLogic, Inc. (NYSE:CLGX). Credit Suisse Ag has 124,944 shares for 0.01% of their portfolio. Somerset owns 10,633 shares. Captrust invested in 393 shares or 0% of the stock. State Board Of Administration Of Florida Retirement System invested in 137,286 shares. Bankshares Of Montreal Can invested in 18,700 shares or 0% of the stock. Invesco reported 378,511 shares. Michigan-based State Treasurer State Of Michigan has invested 0.01% in CoreLogic, Inc. (NYSE:CLGX). Td Asset Mgmt invested in 271,500 shares or 0.02% of the stock. Gam Hldg Ag owns 6,348 shares. First Advsr Lp reported 84,872 shares. Profund Advsrs Ltd Liability Company stated it has 11,949 shares. Mackenzie Financial has invested 0.07% in CoreLogic, Inc. (NYSE:CLGX). Teachers Retirement Sys Of The State Of Kentucky owns 0.01% invested in CoreLogic, Inc. (NYSE:CLGX) for 14,765 shares.

Since March 8, 2018, it had 0 buys, and 4 selling transactions for $1.75 million activity. SANDO BARRY M sold 1,383 shares worth $63,618. 800 shares valued at $40,952 were sold by WIDENER MARY LEE on Thursday, May 10.

The stock of CoreLogic, Inc. (NYSE:CLGX) hit a new 52-week high and has $59.72 target or 8.00 % above today’s $55.30 share price. The 6 months bullish chart indicates low risk for the $4.51 billion company. The 1-year high was reported on Jun, 12 by Barchart.com. If the $59.72 price target is reached, the company will be worth $361.12M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.03% or $0.57 during the last trading session, reaching $55.3. About 60,821 shares traded. CoreLogic, Inc. (NYSE:CLGX) has risen 19.26% since June 12, 2017 and is uptrending. It has outperformed by 6.69% the S&P500.

Analysts await CoreLogic, Inc. (NYSE:CLGX) to report earnings on July, 24. They expect $0.72 earnings per share, up 10.77 % or $0.07 from last year’s $0.65 per share. CLGX’s profit will be $58.77 million for 19.20 P/E if the $0.72 EPS becomes a reality. After $0.42 actual earnings per share reported by CoreLogic, Inc. for the previous quarter, Wall Street now forecasts 71.43 % EPS growth.

CoreLogic, Inc. (NYSE:CLGX) Ratings Coverage

Among 5 analysts covering Corelogic (NYSE:CLGX), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. Corelogic has $54.0 highest and $33.0 lowest target. $45.60’s average target is -17.54% below currents $55.3 stock price. Corelogic had 10 analyst reports since December 19, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, March 5. The rating was maintained by Piper Jaffray on Thursday, January 18 with “Hold”. The firm has “Sell” rating given on Tuesday, February 6 by Compass Point. The stock of CoreLogic, Inc. (NYSE:CLGX) has “Hold” rating given on Monday, February 26 by Keefe Bruyette & Woods. Robert W. Baird maintained the stock with “Hold” rating in Tuesday, February 6 report. The firm earned “Hold” rating on Friday, April 27 by Compass Point. The firm has “Hold” rating given on Tuesday, December 19 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21.

More important recent CoreLogic, Inc. (NYSE:CLGX) news were published by: Seekingalpha.com which released: “CoreLogic sees risk of storm surge damage $1.6T this season” on May 31, 2018, also Businesswire.com published article titled: “CoreLogic Reports Home Equity Gains Topped $1 Trillion in the First Quarter of 2018”, Bizjournals.com published: “CoreLogic: Home prices increase in the Triad, nationally” on June 06, 2018. More interesting news about CoreLogic, Inc. (NYSE:CLGX) was released by: Businesswire.com and their article: “CoreLogic Reports April Home Prices Up, Washington State Increased 12.8 Percent” with publication date: June 05, 2018.

CoreLogic, Inc. provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific. The company has market cap of $4.51 billion. The company's Property Intelligence segment owns or licenses loan information, property sales and characteristic information, property risk and replacement cost, natural hazard data, geospatial data, parcel maps, and mortgage-backed securities information. It has a 31.05 P/E ratio. This segment's services and products include data licensing and analytics, data-enabled advisory services, platform solutions, and valuation solutions.

CoreLogic, Inc. (NYSE:CLGX) Institutional Positions Chart

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