Jones Lang LaSalle Incorporated (NYSE:JLL) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. decreased its stake in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 11.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,867 shares of the financial services provider's stock after selling 1,849 shares during the period. Dana Investment Advisors Inc.'s holdings in Jones Lang LaSalle were worth $3,763,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC lifted its position in shares of Jones Lang LaSalle by 15.0% during the 3rd quarter. FMR LLC now owns 3,530,720 shares of the financial services provider's stock valued at $952,624,000 after acquiring an additional 459,466 shares during the period. State Street Corp increased its stake in Jones Lang LaSalle by 0.4% in the 3rd quarter. State Street Corp now owns 1,423,831 shares of the financial services provider's stock valued at $384,164,000 after purchasing an additional 6,304 shares in the last quarter. Wellington Management Group LLP boosted 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 in the last quarter. Geode Capital Management LLC grew its holdings in Jones Lang LaSalle by 0.3% in the third quarter. Geode Capital Management LLC now owns 893,627 shares of the financial services provider's stock valued at $241,165,000 after purchasing an additional 3,109 shares during the last quarter. Finally, Artemis Investment Management LLP increased its position in shares of Jones Lang LaSalle by 18.9% in the fourth quarter. Artemis Investment Management LLP now owns 394,214 shares of the financial services provider's stock valued at $99,791,000 after buying an additional 62,700 shares in the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

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Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Jones Lang LaSalle from $263.00 to $327.00 and gave the company an "overweight" rating in a research note on Monday, December 16th. Raymond James increased 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 research report on Friday, January 24th. StockNews.com upgraded Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. Keefe, Bruyette & Woods upgraded Jones Lang LaSalle from a "market perform" rating to an "outperform" rating and increased their target price for the company from $292.00 to $325.00 in a report on Tuesday, December 10th. Finally, Wolfe Research upgraded Jones Lang LaSalle from a "peer perform" rating to an "outperform" rating and set a $353.00 price objective on the stock in a research report on Monday, November 25th. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, Jones Lang LaSalle currently has an average rating of "Buy" and a consensus price target of $309.00.

Jones Lang LaSalle Trading Down 2.6 %

Shares of Jones Lang LaSalle stock traded down $6.57 during trading hours on Friday, reaching $250.29. 588,805 shares of the company's stock were exchanged, compared to its average volume of 293,653. Jones Lang LaSalle Incorporated has a 52-week low of $171.45 and a 52-week high of $288.50. The company has a fifty day moving average of $266.68 and a 200-day moving average of $264.57. The company has a current ratio of 2.00, a quick ratio of 2.29 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $11.86 billion, a price-to-earnings ratio of 22.17 and a beta of 1.36.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last released its earnings results on Wednesday, February 19th. The financial services provider reported $6.15 earnings per share for the quarter, topping the consensus estimate of $5.76 by $0.39. The firm had revenue of $6.81 billion for the quarter, compared to the consensus estimate of $6.65 billion. Jones Lang LaSalle had a return on equity of 10.20% and a net margin of 2.33%. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business posted $4.23 earnings per share. Sell-side analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 EPS 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.