Colliers International Group Inc. (NASDAQ:CIGI) Holdings Lessened by Kirr Marbach & Co. LLC IN

Kirr Marbach & Co. LLC IN lowered its holdings in shares of Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 1.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,553 shares of the financial services provider's stock after selling 1,740 shares during the period. Colliers International Group accounts for 4.1% of Kirr Marbach & Co. LLC IN's investment portfolio, making the stock its 7th largest holding. Kirr Marbach & Co. LLC IN owned 0.28% of Colliers International Group worth $19,121,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CIGI. Janus Henderson Group PLC acquired a new stake in shares of Colliers International Group in the third quarter valued at approximately $69,920,000. Franklin Resources Inc. increased its stake in Colliers International Group by 100.8% during the third quarter. Franklin Resources Inc. now owns 678,836 shares of the financial services provider's stock worth $102,261,000 after acquiring an additional 340,691 shares during the last quarter. Clearbridge Investments LLC increased its position in Colliers International Group by 91.3% during the 2nd quarter. Clearbridge Investments LLC now owns 310,602 shares of the financial services provider's stock worth $34,677,000 after purchasing an additional 148,265 shares in the last quarter. Loomis Sayles & Co. L P grew its stake in Colliers International Group by 55.5% during the third quarter. Loomis Sayles & Co. L P now owns 358,748 shares of the financial services provider's stock worth $54,461,000 after buying an additional 128,005 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Colliers International Group by 114.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 161,800 shares of the financial services provider's stock valued at $24,552,000 after acquiring an additional 86,469 shares during the period. Institutional investors and hedge funds own 80.09% of the company's stock.

Colliers International Group Price Performance

Shares of CIGI traded down $0.84 during mid-day trading on Friday, reaching $142.35. The company had a trading volume of 124,591 shares, compared to its average volume of 80,022. Colliers International Group Inc. has a twelve month low of $101.01 and a twelve month high of $156.96. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.17 and a quick ratio of 1.17. The company's 50-day moving average is $141.55 and its 200-day moving average is $143.23. The company has a market capitalization of $7.02 billion, a P/E ratio of 45.33 and a beta of 1.49.

Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last issued its earnings results on Tuesday, November 5th. The financial services provider reported $1.32 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.17). The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. Colliers International Group had a net margin of 3.38% and a return on equity of 21.78%. The business's revenue was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 EPS. On average, equities analysts anticipate that Colliers International Group Inc. will post 5.41 EPS for the current year.

Colliers International Group Announces Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a dividend yield of 0.2%. Colliers International Group's payout ratio is 9.55%.

Analyst Ratings Changes

A number of research analysts have recently commented on CIGI shares. The Goldman Sachs Group began coverage on shares of Colliers International Group in a research report on Friday, December 6th. They set a "neutral" rating and a $170.00 target price on the stock. Royal Bank of Canada increased their price target on shares of Colliers International Group from $160.00 to $174.00 and gave the stock an "outperform" rating in a research report on Monday, October 21st. Scotiabank decreased their price target on shares of Colliers International Group from $172.50 to $170.00 and set a "sector outperform" rating for the company in a report on Tuesday. StockNews.com cut Colliers International Group from a "buy" rating to a "hold" rating in a research note on Tuesday, October 8th. Finally, Raymond James increased their price objective on Colliers International Group from $160.00 to $175.00 and gave the stock an "outperform" rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $164.63.

Colliers International Group Company 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.