Colliers International Group Inc. $CIGI Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its stake in Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) by 47.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 46,975 shares of the financial services provider’s stock after buying an additional 15,194 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Colliers International Group were worth $7,222,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CIGI. Goldman Sachs Group Inc. lifted its stake in shares of Colliers International Group by 78.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 129,415 shares of the financial services provider’s stock worth $15,698,000 after acquiring an additional 56,755 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Colliers International Group by 1.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 45,408 shares of the financial services provider’s stock valued at $5,508,000 after acquiring an additional 505 shares during the period. Fenimore Asset Management Inc raised its holdings in Colliers International Group by 3.2% during the second quarter. Fenimore Asset Management Inc now owns 247,663 shares of the financial services provider’s stock worth $32,330,000 after purchasing an additional 7,583 shares in the last quarter. Blair William & Co. IL lifted its position in Colliers International Group by 1.7% in the second quarter. Blair William & Co. IL now owns 32,875 shares of the financial services provider’s stock worth $4,291,000 after purchasing an additional 553 shares during the period. Finally, Louisbourg Investments Inc. lifted its position in Colliers International Group by 96.6% in the second quarter. Louisbourg Investments Inc. now owns 60,543 shares of the financial services provider’s stock worth $7,907,000 after purchasing an additional 29,748 shares during the period. Institutional investors and hedge funds own 80.09% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on CIGI shares. CIBC lifted their price target on Colliers International Group from $175.00 to $179.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Colliers International Group in a report on Wednesday, January 21st. Wall Street Zen raised shares of Colliers International Group from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. Stifel Nicolaus lifted their price objective on shares of Colliers International Group from $180.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, National Bankshares increased their target price on shares of Colliers International Group from $181.00 to $185.00 in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $178.20.

Colliers International Group Stock Up 0.4%

CIGI stock opened at $138.59 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $6.90 billion, a P/E ratio of 60.52 and a beta of 1.40. Colliers International Group Inc. has a 52-week low of $100.86 and a 52-week high of $171.51. The company’s 50 day simple moving average is $144.69 and its 200-day simple moving average is $151.94.

Colliers International Group Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, December 31st were issued a $0.15 dividend. The ex-dividend date was Wednesday, December 31st. This represents a dividend yield of 20.0%. Colliers International Group’s dividend payout ratio is presently 13.10%.

About Colliers International Group

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.