Capital Advisors Ltd. LLC Raises Stock Position in Jones Lang LaSalle Incorporated (NYSE:JLL)

Capital Advisors Ltd. LLC raised its position in Jones Lang LaSalle Incorporated (NYSE:JLLGet Rating) by 32.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 784 shares of the financial services provider’s stock after acquiring an additional 190 shares during the period. Capital Advisors Ltd. LLC’s holdings in Jones Lang LaSalle were worth $188,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Covestor Ltd purchased a new position in shares of Jones Lang LaSalle in the 4th quarter valued at approximately $25,000. Ellevest Inc. increased its stake in Jones Lang LaSalle by 1,255.6% during the 1st quarter. Ellevest Inc. now owns 122 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 113 shares in the last quarter. Sageworth Trust Co of South Dakota purchased a new position in shares of Jones Lang LaSalle in the fourth quarter worth $32,000. National Bank of Canada FI acquired a new stake in shares of Jones Lang LaSalle during the fourth quarter worth $43,000. Finally, Chilton Capital Management LLC acquired a new position in shares of Jones Lang LaSalle in the 4th quarter valued at $47,000. 95.21% of the stock is owned by hedge funds and other institutional investors.

Jones Lang LaSalle Price Performance

NYSE:JLL opened at $174.80 on Friday. The firm’s fifty day moving average is $178.76 and its two-hundred day moving average is $210.78. The firm has a market cap of $8.38 billion, a price-to-earnings ratio of 8.97 and a beta of 1.26. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.23 and a current ratio of 2.28. Jones Lang LaSalle Incorporated has a one year low of $154.63 and a one year high of $275.77.

Jones Lang LaSalle (NYSE:JLLGet Rating) last issued its earnings results on Monday, May 9th. The financial services provider reported $3.47 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $1.42. Jones Lang LaSalle had a return on equity of 17.38% and a net margin of 4.77%. The firm had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the business earned $2.10 earnings per share. The company’s revenue was up 18.9% compared to the same quarter last year. Research analysts expect that Jones Lang LaSalle Incorporated will post 18.9 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on JLL shares. Raymond James lifted their price target on Jones Lang LaSalle from $280.00 to $287.00 and gave the stock an “outperform” rating in a research report on Thursday. StockNews.com downgraded Jones Lang LaSalle from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 18th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $279.67.

About Jones Lang LaSalle

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Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services.

See Also

Institutional Ownership by Quarter for Jones Lang LaSalle (NYSE:JLL)

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