Janus Henderson Group PLC Has $63.42 Million Holdings in Colliers International Group Inc. (NASDAQ:CIGI)

Janus Henderson Group PLC boosted its holdings in shares of Colliers International Group Inc. (NASDAQ:CIGI - Free Report) TSE: CIGI by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 466,425 shares of the financial services provider's stock after acquiring an additional 5,850 shares during the quarter. Janus Henderson Group PLC owned approximately 0.95% of Colliers International Group worth $63,420,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CIGI. FIL Ltd increased its stake in shares of Colliers International Group by 116.5% during the 4th quarter. FIL Ltd now owns 1,547,527 shares of the financial services provider's stock worth $210,449,000 after purchasing an additional 832,583 shares during the last quarter. Norges Bank bought a new stake in Colliers International Group in the fourth quarter worth $74,615,000. Artisan Partners Limited Partnership increased its position in Colliers International Group by 67.7% during the fourth quarter. Artisan Partners Limited Partnership now owns 436,397 shares of the financial services provider's stock worth $59,320,000 after buying an additional 176,232 shares during the last quarter. Durable Capital Partners LP raised its holdings in Colliers International Group by 4.0% during the fourth quarter. Durable Capital Partners LP now owns 2,644,327 shares of the financial services provider's stock valued at $359,549,000 after buying an additional 102,586 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in Colliers International Group by 53.2% during the fourth quarter. American Century Companies Inc. now owns 222,232 shares of the financial services provider's stock valued at $30,218,000 after buying an additional 77,204 shares in the last quarter. 80.09% of the stock is currently owned by institutional investors and hedge funds.

Colliers International Group Stock Performance

Shares of NASDAQ:CIGI traded down $1.42 during trading on Monday, hitting $125.83. 14,216 shares of the stock were exchanged, compared to its average volume of 115,380. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 39.36 and a beta of 1.38. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.06 and a current ratio of 1.06. Colliers International Group Inc. has a 1-year low of $100.86 and a 1-year high of $156.96. The company's fifty day simple moving average is $119.20 and its 200-day simple moving average is $132.32.

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

Colliers International Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CIGI. Royal Bank of Canada upped their price target on Colliers International Group from $170.00 to $175.00 and gave the stock an "outperform" rating in a research note on Friday, February 7th. Cibc World Mkts upgraded Colliers International Group to a "strong-buy" rating in a report on Tuesday, March 4th. BMO Capital Markets reduced their price objective on shares of Colliers International Group from $177.00 to $172.00 and set a "market perform" rating for the company in a research note on Friday, February 7th. JPMorgan Chase & Co. decreased their price objective on shares of Colliers International Group from $167.00 to $142.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Finally, Scotiabank cut their target price on shares of Colliers International Group from $165.00 to $155.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $160.80.

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.