Coldstream Capital Management Inc. Has $314,000 Stake in Jones Lang LaSalle Incorporated (NYSE:JLL)

Coldstream Capital Management Inc. grew its holdings in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 11.3% during the third quarter, HoldingsChannel.com reports. The firm owned 1,164 shares of the financial services provider’s stock after acquiring an additional 118 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Jones Lang LaSalle were worth $314,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. FMR LLC grew its position in Jones Lang LaSalle by 15.0% during 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 in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Jones Lang LaSalle by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,472,703 shares of the financial services provider’s stock worth $302,318,000 after purchasing an additional 26,814 shares in the last quarter. State Street Corp increased its position in shares of Jones Lang LaSalle by 0.4% in the third quarter. State Street Corp now owns 1,423,831 shares of the financial services provider’s stock worth $384,164,000 after purchasing an additional 6,304 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Jones Lang LaSalle by 20.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,049,392 shares of the financial services provider’s stock valued at $215,419,000 after purchasing an additional 181,246 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Jones Lang LaSalle by 6.3% during the third quarter. Wellington Management Group LLP now owns 899,305 shares of the financial services provider’s stock worth $242,641,000 after purchasing an additional 53,066 shares during the period. 94.80% of the stock is owned by institutional investors.

Jones Lang LaSalle Stock Down 1.8 %

Shares of NYSE:JLL opened at $269.58 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.29 and a current ratio of 2.29. Jones Lang LaSalle Incorporated has a 52-week low of $167.11 and a 52-week high of $288.50. The company has a market capitalization of $12.79 billion, a PE ratio of 27.26 and a beta of 1.34. The company has a fifty day moving average of $269.20 and a 200-day moving average of $246.31.

Jones Lang LaSalle (NYSE:JLL) last posted its earnings results on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, beating the consensus estimate of $2.67 by $0.83. The firm had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.62 billion. Jones Lang LaSalle had a return on equity of 8.95% and a net margin of 2.12%. The business’s quarterly revenue was up 14.8% on a year-over-year basis. During the same period last year, the company earned $2.01 earnings per share. On average, equities analysts predict that Jones Lang LaSalle Incorporated will post 13.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Keefe, Bruyette & Woods upgraded shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $292.00 to $325.00 in a research report on Tuesday, December 10th. Wolfe Research upgraded shares of Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 price objective for the company in a research report on Monday, November 25th. StockNews.com raised Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a report on Friday, September 13th. Finally, The Goldman Sachs Group started coverage on Jones Lang LaSalle in a report on Friday, December 6th. They set a “buy” rating and a $352.00 price target for the company. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Jones Lang LaSalle presently has a consensus rating of “Buy” and a consensus price target of $287.71.

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.