State Treasurer State of Michigan cut its holdings in shares of Colliers International UK PLC (NYSE:COL) by 7.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 49,309 shares of the company’s stock after selling 4,100 shares during the quarter. State Treasurer State of Michigan’s holdings in Colliers International UK PLC were worth $6,445,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. Tributary Capital Management LLC acquired a new position in shares of Colliers International UK PLC during the 3rd quarter worth approximately $1,542,000. Hengehold Capital Management LLC acquired a new position in Colliers International UK PLC in the 3rd quarter valued at $209,000. Robeco Institutional Asset Management B.V. grew its holdings in Colliers International UK PLC by 4.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 10,394 shares of the company’s stock valued at $1,358,000 after buying an additional 489 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Colliers International UK PLC in the 3rd quarter valued at $50,096,000. Finally, Mutual of America Capital Management LLC grew its holdings in Colliers International UK PLC by 29.9% in the 3rd quarter. Mutual of America Capital Management LLC now owns 32,038 shares of the company’s stock valued at $4,188,000 after buying an additional 7,376 shares in the last quarter.
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Shares of Colliers International UK PLC (NYSE COL) traded up GBX 0.42 ($0.01) during mid-day trading on Friday, hitting GBX 133.58 ($1.76). The company had a trading volume of 715,007 shares, compared to its average volume of 1,280,000. Colliers International UK PLC has a twelve month low of GBX 85.11 ($1.12) and a twelve month high of GBX 136.50 ($1.80).
Colliers International UK PLC (NYSE:COL) last posted its earnings results on Friday, October 27th. The company reported GBX 1.80 ($0.02) EPS for the quarter, meeting the consensus estimate of GBX 1.80 ($0.02). The firm had revenue of GBX 219.30 billion during the quarter, compared to the consensus estimate of GBX 222.97 billion. Colliers International UK PLC had a return on equity of 17.95% and a net margin of 8.55%. The business’s quarterly revenue was up 51.8% on a year-over-year basis. During the same period last year, the company earned $1.58 earnings per share.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be given a $0.33 dividend. The ex-dividend date is Friday, November 10th. This represents a $1.32 annualized dividend and a yield of 0.99%.
In other Colliers International UK PLC news, VP Tatum J. Buse sold 19,170 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of GBX 135.36 ($1.78), for a total value of £25,948.51 ($34,129.31). Following the completion of the transaction, the vice president now directly owns 3,722 shares in the company, valued at £5,038.10 ($6,626.46). The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Harlan Donnley Meade bought 1,666,667 shares of the company’s stock in a transaction on Friday, September 15th. The stock was purchased at an average price of GBX 0.06 ($0.00) per share, with a total value of £1,000 ($1,315.27). Insiders sold 527,680 shares of company stock valued at $71,420,546 over the last quarter.
A number of brokerages have commented on COL. Credit Suisse Group lowered Colliers International UK PLC from an “outperform” rating to a “neutral” rating and set a $140.00 price objective on the stock. in a report on Wednesday. ValuEngine lowered Colliers International UK PLC from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research raised Colliers International UK PLC from a “sell” rating to a “hold” rating in a report on Monday, October 16th. BidaskClub raised Colliers International UK PLC from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating on shares of Colliers International UK PLC in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 128.85 ($1.69).
Colliers International UK PLC Company Profile
Rockwell Collins, Inc designs, produces and supports communications and aviation systems for commercial and military customers. The Company provides information management services through voice and data communication networks and solutions across the world. The Company operates through three segments: Commercial Systems, Government Systems and Information Management Services.
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