Seizert Capital Partners LLC Takes Position in Colliers International Group Inc (CIGI)

Seizert Capital Partners LLC bought a new position in Colliers International Group Inc (NASDAQ:CIGI) (TSE:CIGI) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 20,120 shares of the financial services provider’s stock, valued at approximately $1,560,000. Seizert Capital Partners LLC owned 0.05% of Colliers International Group as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in shares of Colliers International Group by 94.1% during the third quarter. Wells Fargo & Company MN now owns 3,165 shares of the financial services provider’s stock worth $245,000 after acquiring an additional 1,534 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Colliers International Group during the second quarter worth $259,000. Paloma Partners Management Co bought a new stake in shares of Colliers International Group during the second quarter worth $325,000. State of New Jersey Common Pension Fund D bought a new stake in shares of Colliers International Group during the second quarter worth $336,000. Finally, Campbell & CO Investment Adviser LLC increased its position in shares of Colliers International Group by 110.6% during the third quarter. Campbell & CO Investment Adviser LLC now owns 7,044 shares of the financial services provider’s stock worth $546,000 after acquiring an additional 3,700 shares in the last quarter. Institutional investors own 69.07% of the company’s stock.

CIGI has been the subject of several research reports. Royal Bank of Canada lowered their price objective on shares of Colliers International Group from $89.00 to $87.00 and set an “outperform” rating for the company in a research report on Wednesday, October 31st. BidaskClub downgraded shares of Colliers International Group from a “sell” rating to a “strong sell” rating in a research report on Friday, October 12th. ValuEngine downgraded shares of Colliers International Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 2nd. Zacks Investment Research raised shares of Colliers International Group from a “hold” rating to a “strong-buy” rating and set a $78.00 target price for the company in a research report on Monday, November 5th. Finally, Raymond James set a $85.00 target price on shares of Colliers International Group and gave the company a “buy” rating in a research report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Colliers International Group currently has a consensus rating of “Buy” and a consensus price target of $83.33.



Colliers International Group stock opened at $62.33 on Tuesday. The firm has a market capitalization of $2.36 billion, a P/E ratio of 20.64 and a beta of 1.49. Colliers International Group Inc has a 1-year low of $46.60 and a 1-year high of $84.20. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.38.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last released its earnings results on Tuesday, October 30th. The financial services provider reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.60. The business had revenue of $715.70 million during the quarter, compared to the consensus estimate of $698.53 million. Colliers International Group had a net margin of 2.96% and a return on equity of 31.08%. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.66 earnings per share. On average, research analysts anticipate that Colliers International Group Inc will post 2.5 earnings per share for the current year.

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Colliers International Group Profile

Colliers International Group Inc provides commercial real estate services to corporations, financial institutions, governments, and individuals worldwide. The company's Sales and Lease Brokerage division offers transaction brokerage services, including landlord representation, tenant representation, and capital markets and investment services, as well as property management, leasing, and valuations.

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

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