Boston Trust Walden Corp Has $80.97 Million Stake in Jones Lang LaSalle Incorporated (NYSE:JLL)

Boston Trust Walden Corp decreased its stake in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 55.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 300,105 shares of the financial services provider's stock after selling 372,889 shares during the quarter. Boston Trust Walden Corp owned 0.63% of Jones Lang LaSalle worth $80,971,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Innealta Capital LLC bought a new stake in shares of Jones Lang LaSalle in the second quarter worth about $34,000. Atlas Capital Advisors LLC bought a new stake in shares of Jones Lang LaSalle in the first quarter worth about $35,000. UMB Bank n.a. increased its holdings in shares of Jones Lang LaSalle by 350.0% in the third quarter. UMB Bank n.a. now owns 135 shares of the financial services provider's stock worth $36,000 after acquiring an additional 105 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Jones Lang LaSalle in the third quarter worth about $37,000. Finally, Massmutual Trust Co. FSB ADV grew its holdings in shares of Jones Lang LaSalle by 37.5% during the third quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider's stock worth $39,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Wall Street Analyst Weigh In

JLL has been the subject of a number of research reports. Raymond James increased their price objective on Jones Lang LaSalle from $246.00 to $268.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 25th. UBS Group increased their price objective on Jones Lang LaSalle from $225.00 to $240.00 and gave the stock a "buy" rating in a report on Wednesday, July 3rd. Keefe, Bruyette & Woods increased their price objective on Jones Lang LaSalle from $240.00 to $250.00 and gave the stock a "market perform" rating in a report on Thursday, August 8th. Finally, StockNews.com upgraded Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a report on Friday, September 13th. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $246.80.

Jones Lang LaSalle Stock Down 1.1 %

NYSE JLL traded down $3.10 during trading hours on Friday, hitting $271.03. 167,425 shares of the company traded hands, compared to its average volume of 283,168. The business's 50-day moving average is $259.22 and its 200-day moving average is $225.59. Jones Lang LaSalle Incorporated has a twelve month low of $120.75 and a twelve month high of $279.65. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.58 and a current ratio of 2.58. The stock has a market capitalization of $12.86 billion, a price-to-earnings ratio of 34.22 and a beta of 1.37.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The financial services provider reported $2.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.30 by $0.25. Jones Lang LaSalle had a return on equity of 8.03% and a net margin of 1.76%. The company had revenue of $5.63 billion during the quarter, compared to analysts' expectations of $5.48 billion. During the same period last year, the firm posted $0.50 earnings per share. The business's revenue was up 11.4% on a year-over-year basis. Sell-side analysts anticipate that Jones Lang LaSalle Incorporated will post 12.55 earnings per share for the current year.

Jones Lang LaSalle Company 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.