Jones Lang LaSalle Incorporated (NYSE:JLL) Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp increased its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 1.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 305,768 shares of the financial services provider’s stock after purchasing an additional 5,663 shares during the period. Boston Trust Walden Corp owned 0.64% of Jones Lang LaSalle worth $77,402,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creative Planning lifted its position in shares of Jones Lang LaSalle by 27.2% in the second quarter. Creative Planning now owns 4,631 shares of the financial services provider’s stock valued at $951,000 after acquiring an additional 990 shares in the last quarter. Truist Financial Corp lifted its holdings in Jones Lang LaSalle by 58.9% in the 2nd quarter. Truist Financial Corp now owns 4,482 shares of the financial services provider’s stock valued at $920,000 after purchasing an additional 1,661 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Jones Lang LaSalle during the 2nd quarter worth about $484,000. Massmutual Trust Co. FSB ADV raised its position in shares of Jones Lang LaSalle by 37.5% in the third quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider’s stock valued at $39,000 after buying an additional 39 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Jones Lang LaSalle by 37.1% during the third quarter. SG Americas Securities LLC now owns 3,459 shares of the financial services provider’s stock valued at $933,000 after buying an additional 936 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Jones Lang LaSalle Price Performance

Jones Lang LaSalle stock opened at $283.43 on Monday. The firm has a fifty day moving average of $264.85 and a 200-day moving average of $259.27. Jones Lang LaSalle Incorporated has a 52-week low of $168.36 and a 52-week high of $288.50. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $13.45 billion, a P/E ratio of 28.66 and a beta of 1.36.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $3.50 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.62 billion. During the same period in the prior year, the firm earned $2.01 EPS. The firm’s quarterly revenue was up 14.8% compared to the same quarter last year. As a group, analysts predict that Jones Lang LaSalle Incorporated will post 13.6 EPS for the current year.

Wall Street Analysts Forecast Growth

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

About Jones Lang LaSalle

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.