Meeder Asset Management Inc. Has $73,000 Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Meeder Asset Management Inc. lowered its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 95.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 288 shares of the financial services provider's stock after selling 5,762 shares during the period. Meeder Asset Management Inc.'s holdings in Jones Lang LaSalle were worth $73,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Private Trust Co. NA increased its position in shares of Jones Lang LaSalle by 112.0% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the financial services provider's stock valued at $27,000 after buying an additional 56 shares in the last quarter. R Squared Ltd bought a new stake in shares of Jones Lang LaSalle in the fourth quarter worth about $35,000. Principal Securities Inc. raised its position in shares of Jones Lang LaSalle by 166.7% during the fourth quarter. Principal Securities Inc. now owns 176 shares of the financial services provider's stock worth $45,000 after purchasing an additional 110 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Jones Lang LaSalle by 35.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 51 shares in the last quarter. Finally, V Square Quantitative Management LLC grew its position in shares of Jones Lang LaSalle by 52.9% in the 4th quarter. V Square Quantitative Management LLC now owns 208 shares of the financial services provider's stock valued at $53,000 after purchasing an additional 72 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of research analysts have weighed in on JLL shares. Keefe, Bruyette & Woods raised shares of Jones Lang LaSalle from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $292.00 to $325.00 in a research note on Tuesday, December 10th. JPMorgan Chase & Co. boosted 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 report on Monday, December 16th. StockNews.com upgraded Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a report on Saturday, March 22nd. Finally, Raymond James boosted their price target on Jones Lang LaSalle from $317.00 to $320.00 and gave the company a "strong-buy" rating in a report on Friday, January 24th. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Jones Lang LaSalle has a consensus rating of "Buy" and a consensus price target of $309.00.

Jones Lang LaSalle Stock Down 5.4 %

NYSE:JLL traded down $12.53 on Friday, hitting $219.47. 577,795 shares of the company's stock were exchanged, compared to its average volume of 306,812. The company has a market cap of $10.40 billion, a P/E ratio of 19.44 and a beta of 1.22. The firm has a 50-day moving average price of $263.62 and a 200-day moving average price of $264.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.00 and a quick ratio of 2.29. Jones Lang LaSalle Incorporated has a 52 week low of $171.45 and a 52 week high of $288.50.

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