Boston Trust Walden Corp Acquires 5,663 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

Boston Trust Walden Corp increased its holdings in shares of Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 1.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 305,768 shares of the financial services provider's stock after purchasing an additional 5,663 shares during the quarter. Boston Trust Walden Corp owned 0.64% of Jones Lang LaSalle worth $77,402,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of JLL. Huntington National Bank grew its position in shares of Jones Lang LaSalle by 22.9% in the 3rd quarter. Huntington National Bank now owns 204 shares of the financial services provider's stock valued at $55,000 after acquiring an additional 38 shares during the period. Massmutual Trust Co. FSB ADV lifted its stake in Jones Lang LaSalle by 37.5% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider's stock valued at $39,000 after purchasing an additional 39 shares during the last quarter. CIBC Asset Management Inc grew its holdings in Jones Lang LaSalle by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,375 shares of the financial services provider's stock worth $371,000 after purchasing an additional 47 shares during the period. Greenleaf Trust raised its stake in Jones Lang LaSalle by 3.0% in the fourth quarter. Greenleaf Trust now owns 1,617 shares of the financial services provider's stock valued at $409,000 after buying an additional 47 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of Jones Lang LaSalle by 35.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider's stock valued at $49,000 after buying an additional 51 shares during the last quarter. Institutional investors own 94.80% of the company's stock.

Wall Street Analysts Forecast Growth

JLL has been the topic of a number of research analyst reports. Wolfe Research upgraded Jones Lang LaSalle from a "peer perform" rating to an "outperform" rating and set a $353.00 price target on the stock in a research note on Monday, November 25th. The Goldman Sachs Group assumed coverage on shares of Jones Lang LaSalle in a research note on Friday, December 6th. They set a "buy" rating and a $352.00 target price for the company. Keefe, Bruyette & Woods upgraded shares of Jones Lang LaSalle from a "market perform" rating to an "outperform" rating and upped their price target for the company from $292.00 to $325.00 in a research note on Tuesday, December 10th. Raymond James raised 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 research report on Friday, January 24th. Finally, JPMorgan Chase & Co. upped their target price on Jones Lang LaSalle from $263.00 to $327.00 and gave the company an "overweight" rating in a research report on Monday, December 16th. Six 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.com, the company has a consensus rating of "Buy" and an average target price of $309.00.

Jones Lang LaSalle Price Performance

Shares of JLL stock traded down $1.64 during trading on Thursday, hitting $283.12. The company had a trading volume of 479,353 shares, compared to its average volume of 308,490. The stock's 50-day moving average price is $264.70 and its 200 day moving average price is $260.27. Jones Lang LaSalle Incorporated has a one year low of $168.36 and a one year high of $288.50. 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 firm has a market capitalization of $13.43 billion, a P/E ratio of 28.63 and a beta of 1.36.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last issued 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 company had revenue of $5.87 billion for the quarter, compared to analysts' expectations of $5.62 billion. During the same quarter last year, the business earned $2.01 earnings per share. Jones Lang LaSalle's revenue was up 14.8% on a year-over-year basis. Equities analysts expect that Jones Lang LaSalle Incorporated will post 13.6 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.