Ossiam Has $185,000 Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Ossiam trimmed its position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 81.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 731 shares of the financial services provider's stock after selling 3,240 shares during the period. Ossiam's holdings in Jones Lang LaSalle were worth $185,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. First Trust Advisors LP boosted its position in shares of Jones Lang LaSalle by 187.3% during the 4th quarter. First Trust Advisors LP now owns 41,574 shares of the financial services provider's stock worth $10,524,000 after acquiring an additional 27,105 shares in the last quarter. Epoch Investment Partners Inc. boosted its holdings in shares of Jones Lang LaSalle by 33.9% in the 4th quarter. Epoch Investment Partners Inc. now owns 264,370 shares of the financial services provider's stock valued at $66,923,000 after purchasing an additional 66,967 shares in the last quarter. Forum Financial Management LP increased its stake in shares of Jones Lang LaSalle by 28.1% in the 4th quarter. Forum Financial Management LP now owns 1,556 shares of the financial services provider's stock valued at $394,000 after purchasing an additional 341 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in shares of Jones Lang LaSalle by 0.5% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 33,541 shares of the financial services provider's stock worth $8,489,000 after buying an additional 166 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of Jones Lang LaSalle by 4.8% during the 4th quarter. Canada Pension Plan Investment Board now owns 76,400 shares of the financial services provider's stock worth $19,340,000 after buying an additional 3,500 shares during the last quarter. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on JLL. Raymond James boosted their target price on Jones Lang LaSalle from $317.00 to $320.00 and gave the stock a "strong-buy" rating in a research note on Friday, January 24th. Keefe, Bruyette & Woods dropped their price objective on shares of Jones Lang LaSalle from $325.00 to $280.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. decreased their target price on shares of Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. UBS Group dropped their price target on Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Finally, StockNews.com lowered Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 11th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Jones Lang LaSalle currently has an average rating of "Buy" and a consensus target price of $315.83.

Jones Lang LaSalle Stock Up 3.1 %

Shares of NYSE:JLL opened at $210.86 on Wednesday. The business has a fifty day simple moving average of $244.83 and a 200 day simple moving average of $258.99. Jones Lang LaSalle Incorporated has a 12-month low of $178.60 and a 12-month high of $288.50. The firm has a market cap of $10.02 billion, a P/E ratio of 18.68 and a beta of 1.22. The company has a quick ratio of 2.29, a current ratio of 2.00 and a debt-to-equity ratio of 0.12.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its quarterly earnings data 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. Jones Lang LaSalle had a return on equity of 10.20% and a net margin of 2.33%. The company had revenue of $6.81 billion for the quarter, compared to analyst estimates of $6.65 billion. During the same period in the previous year, the firm earned $4.23 earnings per share. The firm's quarterly revenue was up 15.8% on a year-over-year basis. Analysts predict that Jones Lang LaSalle Incorporated will post 16.45 earnings per share for the current year.

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.

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