APG Asset Management N.V. bought a new position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,600 shares of the financial services provider's stock, valued at approximately $6,258,000. APG Asset Management N.V. owned 0.05% of Jones Lang LaSalle at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Private Trust Co. NA increased its holdings in shares of Jones Lang LaSalle by 112.0% during the 4th quarter. Private Trust Co. NA now owns 106 shares of the financial services provider's stock worth $27,000 after purchasing an additional 56 shares during the period. R Squared Ltd bought a new position in Jones Lang LaSalle during the fourth quarter valued at about $35,000. Principal Securities Inc. raised its holdings in Jones Lang LaSalle by 166.7% in the 4th quarter. Principal Securities Inc. now owns 176 shares of the financial services provider's stock valued at $45,000 after acquiring an additional 110 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Jones Lang LaSalle by 35.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider's stock worth $49,000 after acquiring an additional 51 shares during the period. Finally, V Square Quantitative Management LLC grew its holdings in shares of Jones Lang LaSalle by 52.9% during the 4th quarter. V Square Quantitative Management LLC now owns 208 shares of the financial services provider's stock worth $53,000 after purchasing an additional 72 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts recently commented on JLL shares. Raymond James raised their target price on Jones Lang LaSalle from $317.00 to $320.00 and gave the stock a "strong-buy" rating in a research report on Friday, January 24th. JPMorgan Chase & Co. reduced their price objective on shares of Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating for the company in a report on Thursday. StockNews.com cut shares of Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a research note on Friday. Finally, UBS Group cut their price target on shares of Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating for the company in a research note on Friday. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $323.33.
Check Out Our Latest Report on Jones Lang LaSalle
Jones Lang LaSalle Price Performance
Jones Lang LaSalle stock traded up $3.87 on Monday, reaching $214.81. The company's stock had a trading volume of 280,775 shares, compared to its average volume of 312,301. Jones Lang LaSalle Incorporated has a twelve month low of $171.45 and a twelve month high of $288.50. The company has a market cap of $10.18 billion, a price-to-earnings ratio of 19.03 and a beta of 1.22. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.29 and a current ratio of 2.00. The business's fifty day moving average price is $252.96 and its 200 day moving average price is $261.28.
Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The financial services provider reported $6.15 earnings per share for the quarter, beating the consensus estimate of $5.76 by $0.39. Jones Lang LaSalle had a net margin of 2.33% and a return on equity of 10.20%. The firm had revenue of $6.81 billion during the quarter, compared to analysts' expectations of $6.65 billion. During the same quarter last year, the company posted $4.23 EPS. The company's quarterly revenue was up 15.8% compared to the same quarter last year. Equities analysts expect that Jones Lang LaSalle Incorporated will post 16.45 earnings per share for the current fiscal year.
About Jones Lang LaSalle
(
Free Report)
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.
Featured Articles
Before you consider Jones Lang LaSalle, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jones Lang LaSalle wasn't on the list.
While Jones Lang LaSalle currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
