Colliers International Group (NASDAQ:CIGI) Sees Strong Trading Volume on Analyst Upgrade

Shares of Colliers International Group Inc. (NASDAQ:CIGI) (TSE:CIGI) saw strong trading volume on Wednesday after Stifel Nicolaus raised their price target on the stock from $190.00 to $195.00. Stifel Nicolaus currently has a buy rating on the stock. 280,647 shares changed hands during mid-day trading, an increase of 62% from the previous session’s volume of 172,732 shares.The stock last traded at $131.7370 and had previously closed at $128.34.

A number of other equities analysts also recently issued reports on the company. Raymond James Financial upgraded Colliers International Group from an “outperform” rating to a “strong-buy” rating and raised their price objective for the stock from $195.00 to $200.00 in a research report on Wednesday. Wall Street Zen upgraded shares of Colliers International Group from a “hold” rating to a “buy” rating in a report on Sunday, January 25th. National Bankshares boosted their price target on shares of Colliers International Group from $181.00 to $185.00 in a research report on Monday, December 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Colliers International Group in a research report on Wednesday, January 21st. Finally, CIBC lifted their target price on shares of Colliers International Group from $175.00 to $179.00 and gave the stock an “outperform” rating in a research note on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $178.70.

Colliers International Group News Summary

Here are the key news stories impacting Colliers International Group this week:

• Positive Sentiment: Raymond James upgraded CIGI to a “strong-buy” and lifted its price target to $200, signaling confidence in the company’s growth trajectory and implying substantial upside from current levels. Raymond James Upgrade
• Positive Sentiment: Stifel Nicolaus also raised its price target on CIGI to $195 and maintained a “buy” rating, reinforcing the bullish analyst sentiment that is supporting the stock move. Stifel Price Target Raise
• Positive Sentiment: Colliers announced it will acquire Ayesa Engineering, expanding the company’s global engineering reach and capabilities — a strategic M&A move that should enhance service offerings and cross-selling opportunities. Colliers to Acquire Ayesa Engineering
• Positive Sentiment: Separately, Colliers announced the acquisition of a California-based transit engineering and program management firm, further bolstering its transportation engineering footprint and recurring project pipeline. California Transit Engineering Acquisition
• Neutral Sentiment: A short-interest report shows anomalous values (zeros/NaN) for the period, which provides no reliable signal about bearish positioning; current short-interest data appears uninformative.
• Neutral Sentiment: An independent “critical analysis” piece on Colliers was published; such commentary can raise questions but does not appear to be driving the intraday move compared with the analyst upgrades and M&A news. Critical Analysis

Institutional Investors Weigh In On Colliers International Group

A number of hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Colliers International Group during the third quarter worth approximately $26,000. JPMorgan Chase & Co. bought a new stake in Colliers International Group during the 2nd quarter valued at $39,000. EverSource Wealth Advisors LLC raised its holdings in Colliers International Group by 26.3% during the second quarter. EverSource Wealth Advisors LLC now owns 303 shares of the financial services provider’s stock worth $40,000 after buying an additional 63 shares during the last quarter. Blue Trust Inc. raised its holdings in Colliers International Group by 17.1% during the third quarter. Blue Trust Inc. now owns 507 shares of the financial services provider’s stock worth $79,000 after buying an additional 74 shares during the last quarter. Finally, Sagard Holdings Management Inc. bought a new position in shares of Colliers International Group in the second quarter valued at $73,000. Institutional investors and hedge funds own 80.09% of the company’s stock.

Colliers International Group Price Performance

The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 58.79 and a beta of 1.40. The business’s fifty day moving average price is $144.09 and its 200-day moving average price is $151.98. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.14 and a quick ratio of 1.14.

Colliers International Group Announces Dividend

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

Colliers International Group Company Profile

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.