Campbell & CO Investment Adviser LLC Has $497,000 Stock Position in Colliers International Group Inc. (NASDAQ:CIGI)

Campbell & CO Investment Adviser LLC trimmed its position in Colliers International Group Inc. (NASDAQ:CIGIFree Report) (TSE:CIGI) by 7.5% during the third quarter, Holdings Channel reports. The institutional investor owned 5,221 shares of the financial services provider’s stock after selling 424 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Colliers International Group were worth $497,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Shell Asset Management Co. boosted its position in Colliers International Group by 30.4% in the 3rd quarter. Shell Asset Management Co. now owns 3,431 shares of the financial services provider’s stock valued at $328,000 after buying an additional 800 shares during the last quarter. Swiss National Bank boosted its position in Colliers International Group by 10.9% in the 3rd quarter. Swiss National Bank now owns 91,600 shares of the financial services provider’s stock valued at $8,797,000 after buying an additional 9,000 shares during the last quarter. Barclays PLC boosted its position in Colliers International Group by 11.5% in the 3rd quarter. Barclays PLC now owns 7,546 shares of the financial services provider’s stock valued at $719,000 after buying an additional 780 shares during the last quarter. Compass Ion Advisors LLC bought a new position in Colliers International Group in the 3rd quarter valued at $219,000. Finally, CIBC Asset Management Inc boosted its position in Colliers International Group by 0.7% in the 3rd quarter. CIBC Asset Management Inc now owns 396,593 shares of the financial services provider’s stock valued at $37,885,000 after buying an additional 2,887 shares during the last quarter. 63.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on CIGI. Royal Bank of Canada increased their price objective on Colliers International Group from $121.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday. Scotiabank reissued a “sector outperform” rating and issued a $140.00 price target (up previously from $109.00) on shares of Colliers International Group in a research note on Friday, January 19th. BMO Capital Markets increased their price target on Colliers International Group from $129.00 to $137.00 and gave the company an “outperform” rating in a research note on Friday. National Bankshares downgraded Colliers International Group from an “outperform” rating to a “sector perform” rating and set a $125.00 price target on the stock. in a research note on Thursday, January 4th. Finally, Raymond James increased their price target on Colliers International Group from $140.00 to $145.00 and gave the company a “strong-buy” rating in a research note on Friday. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $137.89.

Read Our Latest Stock Analysis on Colliers International Group

Colliers International Group Stock Performance

Shares of Colliers International Group stock opened at $124.29 on Tuesday. The company has a market capitalization of $5.74 billion, a PE ratio of 94.16 and a beta of 1.48. Colliers International Group Inc. has a 12 month low of $83.38 and a 12 month high of $131.01. The company has a current ratio of 1.02, a quick ratio of 1.06 and a debt-to-equity ratio of 1.76. The stock’s fifty day simple moving average is $117.08 and its 200 day simple moving average is $107.78.

Colliers International Group Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were paid a dividend of $0.15 per share. This represents a yield of 0.3%. The ex-dividend date of this dividend was Thursday, December 28th. Colliers International Group’s payout ratio is presently 22.73%.

Colliers International Group Profile

(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. It offers transaction brokerage services, including sales, leasing, and debt finance services, as well as landlord and tenant representation services; capital markets and investment services; and mortgage investment banking services.

See Also

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Institutional Ownership by Quarter for Colliers International Group (NASDAQ:CIGI)

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