Colliers International UK PLC (NYSE:COL) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 2,712,131 shares, a decline of 38.1% from the October 13th total of 4,380,962 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average daily volume of 1,086,007 shares, the days-to-cover ratio is currently 2.5 days.

In other Colliers International UK PLC news, Director Harlan Donnley Meade purchased 1,666,667 shares of the company’s stock in a transaction on Friday, September 15th. The shares were purchased at an average cost of GBX 0.06 ($0.00) per share, for a total transaction of £1,000 ($1,315.27). Also, VP Tatum J. Buse sold 19,170 shares of the business’s 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 transaction of £25,948.51 ($34,129.31). Following the completion of the sale, the vice president now owns 3,722 shares in the company, valued at £5,038.10 ($6,626.46). The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 527,680 shares of company stock worth $71,420,546.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NEXT Financial Group Inc grew its stake in shares of Colliers International UK PLC by 35.7% in the 2nd quarter. NEXT Financial Group Inc now owns 950 shares of the company’s stock valued at $100,000 after buying an additional 250 shares in the last quarter. FNY Partners Fund LP bought a new stake in shares of Colliers International UK PLC in the 3rd quarter valued at approximately $104,000. Jacobi Capital Management LLC grew its stake in shares of Colliers International UK PLC by 30.0% in the 2nd quarter. Jacobi Capital Management LLC now owns 1,001 shares of the company’s stock valued at $108,000 after buying an additional 231 shares in the last quarter. Highlander Capital Management LLC grew its stake in shares of Colliers International UK PLC by 106.0% in the 2nd quarter. Highlander Capital Management LLC now owns 1,024 shares of the company’s stock valued at $108,000 after buying an additional 527 shares in the last quarter. Finally, Whittier Trust Co. grew its stake in shares of Colliers International UK PLC by 3.2% in the 2nd quarter. Whittier Trust Co. now owns 1,141 shares of the company’s stock valued at $120,000 after buying an additional 35 shares in the last quarter.

Several equities research analysts have commented on the stock. Zacks Investment Research upgraded shares of Colliers International UK PLC from a “hold” rating to a “buy” rating and set a $151.00 price target on the stock in a research report on Monday, October 23rd. Credit Suisse Group cut shares of Colliers International UK PLC from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research report on Wednesday. Royal Bank of Canada reiterated a “hold” rating and issued a $140.00 price target on shares of Colliers International UK PLC in a research report on Tuesday, October 10th. Canaccord Genuity reiterated a “hold” rating and issued a $140.00 price target on shares of Colliers International UK PLC in a research report on Friday, October 6th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $115.00 price target on shares of Colliers International UK PLC in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 128.85 ($1.69).

Colliers International UK PLC (NYSE:COL) opened at GBX 133.58 ($1.76) on Friday. Colliers International UK PLC has a 12 month low of GBX 85.11 ($1.12) and a 12 month high of GBX 136.50 ($1.80).

Colliers International UK PLC (NYSE:COL) last released its earnings results on Friday, October 27th. The company reported GBX 1.80 ($0.02) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of GBX 1.80 ($0.02). Colliers International UK PLC had a return on equity of 17.95% and a net margin of 8.55%. The company had revenue of GBX 219.30 billion for the quarter, compared to analysts’ expectations of GBX 222.97 billion. During the same quarter in the previous year, the business posted $1.58 EPS. The business’s revenue for the quarter was up 51.8% on a year-over-year basis.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.33 per share. The ex-dividend date is Friday, November 10th. This represents a $1.32 annualized dividend and a yield of 0.99%.

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About Colliers International UK PLC

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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