Chicago Partners Investment Group LLC Buys Shares of 1,233 Jones Lang LaSalle Incorporated (NYSE:JLL)

Chicago Partners Investment Group LLC bought a new stake in Jones Lang LaSalle Incorporated (NYSE:JLL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,233 shares of the financial services provider’s stock, valued at approximately $213,000.

Several other large investors also recently bought and sold shares of JLL. Morgan Stanley boosted its stake in shares of Jones Lang LaSalle by 2.1% during the third quarter. Morgan Stanley now owns 1,673,462 shares of the financial services provider’s stock valued at $236,260,000 after acquiring an additional 35,004 shares during the last quarter. Ariel Investments LLC boosted its stake in shares of Jones Lang LaSalle by 3.5% during the third quarter. Ariel Investments LLC now owns 1,574,292 shares of the financial services provider’s stock valued at $222,259,000 after acquiring an additional 53,883 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Jones Lang LaSalle by 11.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,426,954 shares of the financial services provider’s stock valued at $269,512,000 after acquiring an additional 142,887 shares during the last quarter. Boston Trust Walden Corp boosted its stake in shares of Jones Lang LaSalle by 20.4% during the fourth quarter. Boston Trust Walden Corp now owns 710,236 shares of the financial services provider’s stock valued at $134,142,000 after acquiring an additional 120,105 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Jones Lang LaSalle by 84.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 589,128 shares of the financial services provider’s stock worth $111,270,000 after buying an additional 270,404 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Analysts Set New Price Targets

JLL has been the topic of a number of research analyst reports. Jefferies Financial Group initiated coverage on Jones Lang LaSalle in a research note on Wednesday, April 10th. They issued a “buy” rating and a $246.00 price target on the stock. Keefe, Bruyette & Woods raised their price target on Jones Lang LaSalle from $190.00 to $200.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 8th. Wolfe Research reissued a “peer perform” rating on shares of Jones Lang LaSalle in a research note on Tuesday, April 9th. Raymond James raised Jones Lang LaSalle from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $218.00 to $246.00 in a research note on Wednesday, April 3rd. Finally, StockNews.com lowered Jones Lang LaSalle from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 11th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $214.00.

Jones Lang LaSalle Stock Performance

Jones Lang LaSalle stock opened at $211.52 on Wednesday. The stock’s 50-day moving average is $192.51 and its 200-day moving average is $185.73. The company has a market cap of $10.06 billion, a price-to-earnings ratio of 34.01 and a beta of 1.40. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.35 and a quick ratio of 2.35. Jones Lang LaSalle Incorporated has a 12 month low of $119.46 and a 12 month high of $212.97.

Jones Lang LaSalle (NYSE:JLL) last announced its earnings results on Monday, May 6th. The financial services provider reported $1.78 EPS for the quarter, beating the consensus estimate of $0.85 by $0.93. The business had revenue of $5.12 billion for the quarter, compared to the consensus estimate of $4.82 billion. Jones Lang LaSalle had a return on equity of 6.55% and a net margin of 1.42%. The company’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the business posted $0.65 EPS. Equities analysts anticipate that Jones Lang LaSalle Incorporated will post 12.22 earnings per share for the current 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.