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Colliers International Group Inc. $CIGI Shares Purchased by Fort Washington Investment Advisors Inc. OH

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Key Points

  • Fort Washington Investment Advisors increased its stake in Colliers by 22.0% in Q4, buying an additional 35,517 shares to hold 197,135 shares (about 0.39% of the company) valued at roughly $28.98 million.
  • Several analysts cut price targets and issued mixed ratings (including a Zacks downgrade to "Strong Sell"), though the consensus remains a "Moderate Buy" with an average price target of $173.57.
  • Shares are trading near $99.86 (52‑week range $95.66–$171.51) with a market cap of $4.97 billion and a P/E of 49.68, leaving a substantial gap between the current price and the consensus $173.57 target.
  • Five stocks we like better than Colliers International Group.

Fort Washington Investment Advisors Inc. OH boosted its position in shares of Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 22.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 197,135 shares of the financial services provider's stock after purchasing an additional 35,517 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.39% of Colliers International Group worth $28,981,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Colliers International Group during the 3rd quarter worth approximately $26,000. JPMorgan Chase & Co. purchased a new stake in shares of Colliers International Group during the 2nd quarter valued at approximately $39,000. EverSource Wealth Advisors LLC lifted its holdings in Colliers International Group by 26.3% in the second quarter. EverSource Wealth Advisors LLC now owns 303 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 63 shares during the last quarter. Blue Trust Inc. grew its position in Colliers International Group by 17.1% in the third quarter. Blue Trust Inc. now owns 507 shares of the financial services provider's stock worth $79,000 after acquiring an additional 74 shares during the period. Finally, Sagard Holdings Management Inc. purchased a new position in Colliers International Group in the second quarter worth approximately $73,000. 80.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Zacks Research downgraded Colliers International Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, February 19th. National Bank Financial decreased their price target on Colliers International Group from $185.00 to $160.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 17th. Royal Bank Of Canada cut their price objective on Colliers International Group from $190.00 to $180.00 and set an "outperform" rating for the company in a research report on Tuesday, February 17th. Raymond James Financial reduced their price objective on shares of Colliers International Group from $200.00 to $185.00 and set a "strong-buy" rating on the stock in a report on Tuesday, February 17th. Finally, Scotiabank decreased their target price on shares of Colliers International Group from $185.00 to $155.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $173.57.

Read Our Latest Report on Colliers International Group

Colliers International Group Stock Up 1.4%

Shares of NASDAQ CIGI opened at $99.86 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The business's 50 day moving average is $120.99 and its two-hundred day moving average is $141.11. Colliers International Group Inc. has a 52-week low of $95.66 and a 52-week high of $171.51. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 49.68 and a beta of 1.40.

Colliers International Group Profile

(Free Report)

Colliers International Group Inc is a global commercial real estate services and investment management firm offering a full suite of solutions to occupiers, owners and investors. The company's real estate services encompass brokerage and agency leasing, capital markets advisory, property and facility management, valuation and advisory, project and development services, workplace and corporate real estate solutions, and market research. Through these offerings, Colliers supports clients across the entire real estate life cycle, from site selection to asset disposition.

The firm operates through two principal segments: real estate services and investment management.

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Want to see what other hedge funds are holding CIGI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI.

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

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