Walleye Capital LLC Has $4.03 Million Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Walleye Capital LLC boosted its stake in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 15.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,927 shares of the financial services provider's stock after purchasing an additional 2,188 shares during the quarter. Walleye Capital LLC's holdings in Jones Lang LaSalle were worth $4,032,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Boston Trust Walden Corp increased its holdings in Jones Lang LaSalle by 1.9% in the 4th quarter. Boston Trust Walden Corp now owns 305,768 shares of the financial services provider's stock valued at $77,402,000 after purchasing an additional 5,663 shares in the last quarter. Principal Securities Inc. lifted its stake in 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 last quarter. Fox Run Management L.L.C. bought a new stake in shares of Jones Lang LaSalle during the 4th quarter valued at about $413,000. New Age Alpha Advisors LLC acquired a new stake in shares of Jones Lang LaSalle during the 4th quarter worth approximately $7,099,000. Finally, Diversified Trust Co bought a new stake in Jones Lang LaSalle in the fourth quarter valued at $567,000. Hedge funds and other institutional investors own 94.80% of the company's stock.

Jones Lang LaSalle Trading Up 3.0 %

JLL stock traded up $6.09 during mid-day trading on Tuesday, reaching $210.66. 38,861 shares of the stock traded hands, compared to its average volume of 314,652. The company has a current ratio of 2.00, a quick ratio of 2.29 and a debt-to-equity ratio of 0.12. The company has a market cap of $10.01 billion, a P/E ratio of 18.66 and a beta of 1.22. Jones Lang LaSalle Incorporated has a 52-week low of $175.12 and a 52-week high of $288.50. The stock's fifty day moving average is $246.20 and its 200-day moving average is $259.33.

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. UBS Group cut their price target on Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating on the stock in a report on Friday, April 11th. JPMorgan Chase & Co. cut their price objective 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. StockNews.com downgraded shares of Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 11th. 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 report on Friday, January 24th. Finally, Keefe, Bruyette & Woods dropped their price objective on Jones Lang LaSalle from $325.00 to $280.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Jones Lang LaSalle has an average rating of "Buy" and an average price target of $315.83.

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.