Economia

Colliers International Group Inc

Colliers International Group Inc

The value of the company's investment in Colliers International Group In went from $10,886,000 to $11,036,000 a change of $150,000 quarter to quarter. They now have a $75.00 price objective on the financial services provider's stock, up from their prior price objective of $59.00.

10/03/2016 - Colliers International Group Inc. Morgan Stanley now owns 422,373 shares of the financial services provider's stock worth $19,936,000 after buying an additional 27,547 shares in the last quarter.

06/02/2015 - William Blair began new coverage on Colliers International Group Inc. Subordinate Voting Shares has a 52-week low of 34.20 and a 52-week high of 60.75. Morgan Stanley increased its position in shares of Colliers International Group by 7.0% in the first quarter. Spruce House Investment Management LLC now owns 5,985,242 shares of the financial services provider's stock valued at $282,724,000 after buying an additional 117,823 shares in the last quarter. Oxford Asset Management bought a new position in Colliers International Group during the first quarter valued at about $1,199,000. Institutional investors own 59.40% of the company's stock. The stock of Colliers International Group Inc (NASDAQ:CIGI) has "Outperform" rating given on Tuesday, January 31 by Raymond James.

The company is now down by -2.09% since yesterday's close of $50.2. The stock has a 50 day moving average price of $54.92 and a 200-day moving average price of $49.75. The correct version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/11/sidoti-downgrades-colliers-international-group-inc-nasdaqcigi-to-neutral-updated-updated-updated.html. The company has a market cap of $1.92 billion, a P/E ratio of 29.85 and a beta of 1.73. The financial services provider reported $0.73 EPS for the quarter, beating the consensus estimate of $0.57 by $0.16. The company had revenue of $544.20 million during the quarter, compared to analysts' expectations of $515.45 million.

Colliers International Group (NASDAQ:CIGI) traded up 0.51% during mid-day trading on Friday, hitting $49.40. During the same quarter in the previous year, the business earned $0.63 earnings per share. Equities analysts anticipate that Colliers International Group will post $2.87 earnings per share for the current year. The dividend payment was $0.025 per share for the quarter which comes to $0.10 on an annualized basis. This dividend amount represented a yeild of $0.28. The firm has "Buy" rating given on Wednesday, June 28 by BMO Capital Markets.

Colliers International Group announced that its board has initiated a share buyback plan on Thursday, July 13th that authorizes the company to buyback 2,700,000 shares. This repurchase authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

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Several other institutional investors also recently made changes to their positions in the stock. Finally, Zacks Investment Research raised Colliers International Group from a strong sell rating to a hold rating in a report on Tuesday, July 4th.

Pnc Financial Services Group, Inc. reports that it lowered its ownership in Colliers International Group In shares by 187 shares in the quarter ending 06/30/2017. Royal Bank Of Canada boosted their price target on shares of Colliers International Group from $50.00 to $58.00 and gave the company an "outperform" rating in a research note on Wednesday, May 3rd. The stock of Colliers International Group Inc (NASDAQ:CIGI) has "Buy" rating given on Monday, June 26 by RBC Capital Markets. Subordinate Voting Shares giving the company a "outperform" rating. The company has an average rating of Buy and an average price target of $65.70.