Colliers International Group Inc. (NASDAQ:CIGI) Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its stake in Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 9.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,409 shares of the financial services provider's stock after purchasing an additional 10,300 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.24% of Colliers International Group worth $14,484,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CIGI. Tower Research Capital LLC TRC grew its stake in Colliers International Group by 1,752.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 315 shares of the financial services provider's stock valued at $43,000 after acquiring an additional 298 shares in the last quarter. Plato Investment Management Ltd increased its stake in shares of Colliers International Group by 16.0% in the 4th quarter. Plato Investment Management Ltd now owns 856 shares of the financial services provider's stock worth $117,000 after acquiring an additional 118 shares during the last quarter. Central Pacific Bank Trust Division increased its stake in shares of Colliers International Group by 10.0% in the 1st quarter. Central Pacific Bank Trust Division now owns 1,100 shares of the financial services provider's stock worth $133,000 after acquiring an additional 100 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in shares of Colliers International Group during the 4th quarter worth $145,000. Finally, CIBC Private Wealth Group LLC boosted its position in shares of Colliers International Group by 44.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,220 shares of the financial services provider's stock valued at $164,000 after acquiring an additional 378 shares during the last quarter. 80.09% of the stock is currently owned by institutional investors and hedge funds.

Colliers International Group Stock Down 1.9%

Shares of NASDAQ CIGI traded down $2.45 during midday trading on Friday, hitting $127.37. 97,887 shares of the company's stock were exchanged, compared to its average volume of 119,087. The company has a market cap of $6.28 billion, a PE ratio of 39.93 and a beta of 1.39. 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. The firm's fifty day simple moving average is $119.88 and its 200-day simple moving average is $129.27.

Colliers International Group (NASDAQ:CIGI - Get Free Report) TSE: CIGI last posted its earnings results on Tuesday, May 6th. The financial services provider reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.04). Colliers International Group had a return on equity of 20.38% and a net margin of 3.35%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted $0.77 EPS. The firm's revenue for the quarter was up 13.9% on a year-over-year basis. Research analysts predict that Colliers International Group Inc. will post 6.2 EPS for the current fiscal year.

Colliers International Group Dividend Announcement

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, June 30th will be paid a $0.15 dividend. The ex-dividend date is Monday, June 30th. This represents a yield of 0.2%. Colliers International Group's dividend payout ratio is presently 10.53%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CIGI shares. Wall Street Zen cut shares of Colliers International Group from a "buy" rating to a "hold" rating in a research note on Thursday, March 20th. William Blair restated an "outperform" rating on shares of Colliers International Group in a research report on Friday, February 28th. Cibc World Mkts upgraded Colliers International Group to a "strong-buy" rating in a report on Tuesday, March 4th. JPMorgan Chase & Co. decreased their target price on Colliers International Group from $167.00 to $142.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Finally, The Goldman Sachs Group dropped their price objective 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. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Colliers International Group currently has an average rating of "Moderate Buy" and an average price target of $160.80.

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.