Jones Lang LaSalle Incorporated (NYSE:JLL) Shares Purchased by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC raised its holdings in Jones Lang LaSalle Incorporated (NYSE:JLL) by 2.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 6,415 shares of the financial services provider’s stock after acquiring an additional 142 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Jones Lang LaSalle were worth $1,624,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in JLL. Public Employees Retirement System of Ohio lifted its position in Jones Lang LaSalle by 42.1% during the third quarter. Public Employees Retirement System of Ohio now owns 34,379 shares of the financial services provider’s stock worth $9,276,000 after buying an additional 10,186 shares during the period. Dorsey Wright & Associates acquired a new position in Jones Lang LaSalle during the third quarter worth approximately $4,276,000. Diversified Trust Co acquired a new position in shares of Jones Lang LaSalle in the 4th quarter valued at $567,000. Private Client Services LLC acquired a new stake in shares of Jones Lang LaSalle during the 4th quarter worth $1,817,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Jones Lang LaSalle by 39.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 196,705 shares of the financial services provider’s stock worth $53,073,000 after buying an additional 55,322 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Analyst Ratings Changes

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

Jones Lang LaSalle Trading Up 0.9 %

NYSE:JLL opened at $276.26 on Friday. Jones Lang LaSalle Incorporated has a one year low of $168.36 and a one year high of $288.50. The business’s 50-day simple moving average is $262.63 and its 200 day simple moving average is $256.99. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.29 and a current ratio of 2.29. The stock has a market cap of $13.11 billion, a price-to-earnings ratio of 27.93 and a beta of 1.36.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.62 billion. During the same period last year, the firm earned $2.01 earnings per share. The company’s revenue for the quarter was up 14.8% compared to the same quarter last year. As a group, sell-side analysts predict that Jones Lang LaSalle Incorporated will post 13.61 earnings per share for the current fiscal year.

Jones Lang LaSalle 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.