Jones Lang LaSalle Incorporated (NYSE:JLL) Holdings Lifted by Boston Trust Walden Corp

Boston Trust Walden Corp lifted its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 1.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 305,768 shares of the financial services provider’s stock after acquiring an additional 5,663 shares during the period. Boston Trust Walden Corp’s holdings in Jones Lang LaSalle were worth $77,402,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. FMR LLC grew its position in Jones Lang LaSalle by 15.0% in the third quarter. FMR LLC now owns 3,530,720 shares of the financial services provider’s stock worth $952,624,000 after buying an additional 459,466 shares during the last quarter. SG Americas Securities LLC grew its position in Jones Lang LaSalle by 7,967.8% during the fourth quarter. SG Americas Securities LLC now owns 279,065 shares of the financial services provider’s stock valued at $70,643,000 after purchasing an additional 275,606 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Jones Lang LaSalle by 167,988.5% during the third quarter. International Assets Investment Management LLC now owns 146,237 shares of the financial services provider’s stock worth $39,456,000 after acquiring an additional 146,150 shares in the last quarter. Artemis Investment Management LLP increased its position in Jones Lang LaSalle by 43.0% in the 3rd quarter. Artemis Investment Management LLP now owns 331,514 shares of the financial services provider’s stock worth $89,446,000 after purchasing an additional 99,613 shares during the last quarter. Finally, Lord Abbett & CO. LLC bought a new position in shares of Jones Lang LaSalle during the 3rd quarter valued at $24,283,000. Institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

JLL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Jones Lang LaSalle from $263.00 to $327.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. The Goldman Sachs Group began coverage on shares of Jones Lang LaSalle in a report on Friday, December 6th. They set a “buy” rating and a $352.00 price objective on the stock. Keefe, Bruyette & Woods upgraded shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $292.00 to $325.00 in a research note on Tuesday, December 10th. Wolfe Research raised Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 target price for the company in a report on Monday, November 25th. Finally, Raymond James lifted their price target on shares of Jones Lang LaSalle from $317.00 to $320.00 and gave the company a “strong-buy” rating in a report on Friday, January 24th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $309.00.

Jones Lang LaSalle Stock Up 0.4 %

JLL stock opened at $283.43 on Monday. The company has a market cap of $13.45 billion, a price-to-earnings ratio of 28.66 and a beta of 1.36. Jones Lang LaSalle Incorporated has a twelve month low of $168.36 and a twelve month high of $288.50. The business has a 50 day moving average price of $264.85 and a two-hundred day moving average price of $259.27. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.16.

Jones Lang LaSalle (NYSE:JLL) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, topping the consensus estimate of $2.67 by $0.83. Jones Lang LaSalle had a return on equity of 8.95% and a net margin of 2.12%. The company had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.62 billion. During the same period in the previous year, the company posted $2.01 EPS. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. Analysts anticipate that Jones Lang LaSalle Incorporated will post 13.6 EPS for the current fiscal year.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.