4,613 Shares in Colliers International Group Inc. (NASDAQ:CIGI) Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new position in shares of Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) during the fourth quarter, HoldingsChannel.com reports. The firm bought 4,613 shares of the financial services provider’s stock, valued at approximately $627,000.

Several other large investors also recently bought and sold shares of the company. Scotia Capital Inc. boosted its position in shares of Colliers International Group by 127.1% in the 4th quarter. Scotia Capital Inc. now owns 10,195 shares of the financial services provider’s stock worth $1,386,000 after buying an additional 5,706 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Colliers International Group during the fourth quarter worth about $1,259,000. Renaissance Technologies LLC grew its stake in Colliers International Group by 1.3% in the 4th quarter. Renaissance Technologies LLC now owns 531,100 shares of the financial services provider’s stock worth $72,214,000 after acquiring an additional 7,000 shares during the period. FIL Ltd grew its position in shares of Colliers International Group by 116.5% in the fourth quarter. FIL Ltd now owns 1,547,527 shares of the financial services provider’s stock valued at $210,449,000 after purchasing an additional 832,583 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of Colliers International Group by 10.5% during the 4th quarter. Russell Investments Group Ltd. now owns 14,993 shares of the financial services provider’s stock valued at $2,038,000 after acquiring an additional 1,419 shares during the last quarter. Institutional investors and hedge funds own 80.09% of the company’s stock.

Colliers International Group Trading Up 0.6 %

Shares of NASDAQ CIGI opened at $114.06 on Friday. The stock has a market capitalization of $5.62 billion, a P/E ratio of 35.76 and a beta of 1.36. The stock’s 50 day moving average price is $122.29 and its two-hundred day moving average price is $136.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.13. Colliers International Group Inc. has a 52-week low of $100.86 and a 52-week high of $156.96.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last released its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $2.40 by ($0.53). Colliers International Group had a return on equity of 20.38% and a net margin of 3.35%. On average, analysts anticipate that Colliers International Group Inc. will post 6.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CIGI. Royal Bank of Canada raised their price objective on Colliers International Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, February 7th. Scotiabank decreased their target price on shares of Colliers International Group from $166.00 to $165.00 and set a “sector outperform” rating for the company in a research note on Monday, March 31st. National Bankshares dropped 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 note on Friday, February 7th. The Goldman Sachs Group lowered their target price on Colliers International Group from $165.00 to $145.00 and set a “neutral” rating for the company in a research note on Wednesday, March 19th. Finally, Colliers Securities set a $160.00 price target on Colliers International Group in a report on Tuesday, March 4th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.80.

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.