TD Asset Management Inc. lessened its stake in Corelogic Inc (NYSE:CLGX) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 353,200 shares of the business services provider’s stock after selling 4,300 shares during the quarter. TD Asset Management Inc. owned about 0.44% of Corelogic worth $11,804,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Huntington National Bank increased its stake in Corelogic by 12.7% during the fourth quarter. Huntington National Bank now owns 3,814 shares of the business services provider’s stock worth $127,000 after acquiring an additional 430 shares during the last quarter. Quantamental Technologies LLC acquired a new stake in Corelogic during the fourth quarter worth $164,000. Dupont Capital Management Corp acquired a new stake in Corelogic during the fourth quarter worth $179,000. Fox Run Management L.L.C. acquired a new stake in Corelogic during the fourth quarter worth $204,000. Finally, Commonwealth Bank of Australia acquired a new stake in Corelogic during the third quarter worth $306,000. 92.90% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have issued reports on the company. Zacks Investment Research cut Corelogic from a “hold” rating to a “sell” rating in a research note on Friday, January 11th. Compass Point cut their target price on Corelogic from $46.00 to $43.00 and set a “neutral” rating for the company in a research note on Friday, October 26th. ValuEngine raised Corelogic from a “sell” rating to a “hold” rating in a research note on Wednesday, November 28th. Deutsche Bank cut their target price on Corelogic from $45.00 to $36.00 and set a “hold” rating for the company in a research note on Monday, January 7th. Finally, Wells Fargo & Co cut their target price on Corelogic from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Friday, October 26th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. Corelogic has an average rating of “Hold” and an average price target of $47.00.
In other Corelogic news, CEO Frank Martell sold 10,000 shares of Corelogic stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $40.04, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now directly owns 272,343 shares of the company’s stock, valued at approximately $10,904,613.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John C. Dorman sold 8,723 shares of Corelogic stock in a transaction dated Thursday, November 15th. The stock was sold at an average price of $39.74, for a total value of $346,652.02. The disclosure for this sale can be found here. 1.10% of the stock is owned by insiders.
ILLEGAL ACTIVITY WARNING: This news story was reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this news story on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this news story can be accessed at https://www.com-unik.info/2019/02/12/td-asset-management-inc-sells-4300-shares-of-corelogic-inc-clgx.html.
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).
Read More: How does a reverse stock split work?
Want to see what other hedge funds are holding CLGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corelogic Inc (NYSE:CLGX).
Receive News & Ratings for Corelogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corelogic and related companies with MarketBeat.com's FREE daily email newsletter.