Loomis Sayles & Co. L P lifted its position in shares of Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,001 shares of the financial services provider's stock after acquiring an additional 18,253 shares during the quarter. Loomis Sayles & Co. L P owned 0.77% of Colliers International Group worth $51,261,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Plato Investment Management Ltd grew its position in shares of Colliers International Group by 16.0% in the fourth quarter. Plato Investment Management Ltd now owns 856 shares of the financial services provider's stock valued at $117,000 after purchasing an additional 118 shares during the period. Tobam boosted its holdings in Colliers International Group by 12.0% in the 4th quarter. Tobam now owns 913 shares of the financial services provider's stock worth $124,000 after buying an additional 98 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in Colliers International Group during the 4th quarter worth approximately $145,000. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Colliers International Group by 112.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,260 shares of the financial services provider's stock valued at $171,000 after acquiring an additional 667 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Colliers International Group during the fourth quarter valued at approximately $180,000. 80.09% of the stock is currently owned by institutional investors and hedge funds.
Colliers International Group Stock Up 0.5 %
CIGI traded up $0.65 during trading hours on Tuesday, hitting $121.95. 28,086 shares of the company's stock were exchanged, compared to its average volume of 113,144. The firm has a market cap of $6.01 billion, a P/E ratio of 38.19 and a beta of 1.58. Colliers International Group Inc. has a 12-month low of $101.01 and a 12-month high of $156.96. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.13. The firm has a 50 day moving average of $130.40 and a 200 day moving average of $140.35.
Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last announced its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.40 by ($0.53). Colliers International Group had a net margin of 3.35% and a return on equity of 20.38%. Analysts predict that Colliers International Group Inc. will post 6.2 EPS for the current fiscal year.
Wall Street Analyst Weigh In
CIGI has been the subject of a number of research reports. BMO Capital Markets dropped their target price on shares of Colliers International Group from $177.00 to $172.00 and set a "market perform" rating for the company in a report on Friday, February 7th. StockNews.com lowered Colliers International Group from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th. CIBC began coverage on Colliers International Group in a research note on Tuesday, March 4th. They issued a "sector outperform" rating and a $160.00 target price for the company. National Bankshares lowered their price target on shares of Colliers International Group from $182.00 to $169.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. Finally, Colliers Securities set a $160.00 price objective on shares of Colliers International Group in a research report on Tuesday, March 4th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $164.30.
View Our Latest Analysis on Colliers International Group
About Colliers International Group
(
Free Report)
Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.
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