Kirr Marbach & Co. LLC IN Has $19.12 Million Holdings in Colliers International Group Inc. (NASDAQ:CIGI)

Kirr Marbach & Co. LLC IN lowered its holdings in shares of Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,553 shares of the financial services provider’s stock after selling 1,740 shares during the quarter. Colliers International Group comprises about 4.1% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its 7th biggest position. Kirr Marbach & Co. LLC IN owned approximately 0.28% of Colliers International Group worth $19,121,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. raised its position in shares of Colliers International Group by 26.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 593 shares of the financial services provider’s stock valued at $90,000 after purchasing an additional 124 shares during the period. Plato Investment Management Ltd bought a new position in Colliers International Group in the 3rd quarter worth $112,000. Blue Trust Inc. lifted its position in Colliers International Group by 197.8% during the 3rd quarter. Blue Trust Inc. now owns 932 shares of the financial services provider’s stock worth $141,000 after acquiring an additional 619 shares during the last quarter. Stonegate Investment Group LLC bought a new stake in Colliers International Group during the third quarter valued at about $264,000. Finally, HighTower Advisors LLC grew its position in shares of Colliers International Group by 13.6% in the third quarter. HighTower Advisors LLC now owns 2,119 shares of the financial services provider’s stock valued at $323,000 after purchasing an additional 254 shares during the last quarter. Institutional investors and hedge funds own 80.09% of the company’s stock.

Colliers International Group Stock Down 0.4 %

Shares of CIGI opened at $143.70 on Wednesday. Colliers International Group Inc. has a 12 month low of $101.01 and a 12 month high of $156.96. The stock has a market cap of $7.25 billion, a price-to-earnings ratio of 45.76 and a beta of 1.49. The company has a 50-day moving average price of $141.66 and a two-hundred day moving average price of $143.02. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.42.

Colliers International Group (NASDAQ:CIGI) (TSE:CIGI) last released its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by ($0.17). The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. Colliers International Group had a return on equity of 21.78% and a net margin of 3.38%. The business’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.10 earnings per share. Equities analysts predict that Colliers International Group Inc. will post 5.41 EPS for the current fiscal year.

Colliers International Group Dividend Announcement

The firm also recently declared a semi-annual dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, December 31st. This represents a yield of 0.2%. Colliers International Group’s dividend payout ratio (DPR) is presently 9.55%.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Raymond James increased their target price on Colliers International Group from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Royal Bank of Canada raised their price objective on shares of Colliers International Group from $160.00 to $174.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. National Bank Financial raised shares of Colliers International Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 5th. StockNews.com downgraded shares of Colliers International Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 8th. Finally, Scotiabank dropped their price objective on shares of Colliers International Group from $172.50 to $170.00 and set a “sector outperform” rating on the stock in a report on Tuesday. Four investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $164.63.

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.