ExodusPoint Capital Management LP Has $639,000 Holdings in Colliers International Group Inc. (NASDAQ:CIGI)

ExodusPoint Capital Management LP trimmed its holdings in Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 40.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,700 shares of the financial services provider's stock after selling 3,227 shares during the period. ExodusPoint Capital Management LP's holdings in Colliers International Group were worth $639,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Tobam grew its stake in Colliers International Group by 12.0% in the fourth quarter. Tobam now owns 913 shares of the financial services provider's stock worth $124,000 after purchasing an additional 98 shares in the last quarter. Plato Investment Management Ltd lifted its holdings in Colliers International Group by 16.0% during the 4th quarter. Plato Investment Management Ltd now owns 856 shares of the financial services provider's stock worth $117,000 after buying an additional 118 shares during the last quarter. Pictet Asset Management Holding SA grew its position in shares of Colliers International Group by 1.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 8,094 shares of the financial services provider's stock worth $1,100,000 after acquiring an additional 144 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of Colliers International Group by 2.5% in the 4th quarter. Alliancebernstein L.P. now owns 7,474 shares of the financial services provider's stock valued at $1,016,000 after acquiring an additional 180 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Colliers International Group by 13.6% during the 3rd quarter. HighTower Advisors LLC now owns 2,119 shares of the financial services provider's stock valued at $323,000 after acquiring an additional 254 shares in the last quarter. 80.09% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

CIGI has been the subject of several research reports. The Goldman Sachs Group decreased their price target on shares of Colliers International Group from $165.00 to $145.00 and set a "neutral" rating for the company in a report on Wednesday, March 19th. William Blair restated an "outperform" rating on shares of Colliers International Group in a research note on Friday, February 28th. Colliers Securities set a $160.00 price target on Colliers International Group in a research report on Tuesday, March 4th. JPMorgan Chase & Co. cut their price target on Colliers International Group from $167.00 to $142.00 and set a "neutral" rating on the stock in a report on Thursday, April 10th. Finally, National Bankshares lowered their price objective on Colliers International Group from $182.00 to $169.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $161.80.

Colliers International Group Stock Performance

Shares of NASDAQ CIGI traded down $0.93 during trading hours on Wednesday, reaching $112.93. The stock had a trading volume of 54,479 shares, compared to its average volume of 117,160. The business's fifty day moving average is $123.15 and its two-hundred day moving average is $137.35. The company has a market cap of $5.57 billion, a price-to-earnings ratio of 35.40 and a beta of 1.36. Colliers International Group Inc. has a twelve month low of $100.86 and a twelve month high of $156.96. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.06 and a quick ratio of 1.06.

Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last issued its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.87 earnings per share for the quarter, missing the consensus estimate of $2.40 by ($0.53). Colliers International Group had a return on equity of 20.38% and a net margin of 3.35%. As a group, research analysts expect that Colliers International Group Inc. will post 6.2 EPS for the current year.

Colliers International Group Profile

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.