Cibc Asset Management Adds $93M in Colliers International Group Inc. ($CIGI)
Key Points
- Cibc Asset Management changed its Colliers International Group Inc. ($CIGI) stake by 682.0% last quarter, boosting to 1,093,731 shares worth $106.52 million.
- Wall Street's consensus rating on $CIGI is Buy and an average price target of $147.00.
- $CIGI last traded around $97.39.
Cibc Asset Management increased its position in Colliers International Group Inc. ($CIGI) by 682.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,093,731 shares of Colliers International Group Inc. after buying 953,874 shares during the quarter. Cibc Asset Management's holdings in Colliers International Group Inc. were worth $106.52 million as of its most recent filing.
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About Colliers International Group Inc.
Colliers International Group Inc. provides commercial real estate, engineering, and investment management solutions in the United States, Canada, Europe, Australia, the United Kingdom, Poland, China, India, and internationally. The company offers capital markets services for property sales, debt finance, mortgage investment banking, and landlord and tenant representation services; and outsourcing services, such as building operations and maintenance, facilities management, lease administration, property accounting and financial reporting, contract and construction management, valuation and appraisal review and management, portfolio or single asset valuation, financial reporting advisory, arbitration consulting, research, highest and best use studies, property tax reviews, appeals and litigation support, and occupier services, as well as loan servicing. It also engages in the planning, designing, and project management of assets, including bridges and structure, highway and traffic engineering, construction engineering and inspection, water, traffic planning, and rail; and provision of air quality assessments, brownfield redevelopment, environmental impact assessments, ground water resource development, site remediation, noise studies, land development and monitoring, and other services, as well as water, storm, and wastewater management services. In addition, the company offers project management services, which include bid document review, construction monitoring and delivery management, contract administration and integrated cost control, development management, facility and engineering functionality, milestone and performance monitoring, quality assurance, risk management and strategic project consulting; and perpetual funds, long-dated funds, and separately managed accounts. Colliers International Group Inc. was founded in 1972 and is headquartered in Toronto, Canada.
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