Jones Lang LaSalle Incorporated (NYSE:JLL) Stock Holdings Lessened by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lessened its holdings in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 14.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,417 shares of the financial services provider's stock after selling 1,378 shares during the period. O Shaughnessy Asset Management LLC's holdings in Jones Lang LaSalle were worth $2,131,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Cerity Partners LLC grew its holdings in shares of Jones Lang LaSalle by 17.7% during the 3rd quarter. Cerity Partners LLC now owns 2,031 shares of the financial services provider's stock worth $548,000 after acquiring an additional 306 shares during the period. HighTower Advisors LLC increased its stake in Jones Lang LaSalle by 6.0% in the 3rd quarter. HighTower Advisors LLC now owns 3,325 shares of the financial services provider's stock worth $903,000 after buying an additional 189 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Jones Lang LaSalle by 5.9% during the 3rd quarter. Janus Henderson Group PLC now owns 22,224 shares of the financial services provider's stock valued at $5,994,000 after purchasing an additional 1,238 shares during the last quarter. Royal London Asset Management Ltd. boosted its holdings in shares of Jones Lang LaSalle by 0.7% during the 3rd quarter. Royal London Asset Management Ltd. now owns 162,596 shares of the financial services provider's stock valued at $43,870,000 after purchasing an additional 1,062 shares during the last quarter. Finally, Quarry LP lifted its holdings in shares of Jones Lang LaSalle by 296.3% in the 3rd quarter. Quarry LP now owns 214 shares of the financial services provider's stock valued at $58,000 after acquiring an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company's stock.

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Jones Lang LaSalle Price Performance

NYSE:JLL traded down $12.14 during mid-day trading on Thursday, hitting $211.35. 113,302 shares of the company's stock traded hands, compared to its average volume of 310,590. The company has a market cap of $10.02 billion, a PE ratio of 18.78 and a beta of 1.22. Jones Lang LaSalle Incorporated has a 1 year low of $171.45 and a 1 year high of $288.50. 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 firm's 50 day simple moving average is $256.98 and its 200 day simple moving average is $262.49.

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

Analyst Ratings Changes

Several analysts have issued reports on JLL shares. JPMorgan Chase & Co. decreased 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 research note on Thursday. StockNews.com upgraded shares of Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 22nd. Finally, Raymond James lifted their price objective on shares of 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 research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Jones Lang LaSalle has an average rating of "Buy" and a consensus target price of $303.00.

About Jones Lang LaSalle

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.