Sanctuary Advisors LLC Has $762,000 Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Sanctuary Advisors LLC grew its stake in Jones Lang LaSalle Incorporated (NYSE:JLL) by 7.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,010 shares of the financial services provider’s stock after acquiring an additional 201 shares during the period. Sanctuary Advisors LLC’s holdings in Jones Lang LaSalle were worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Huntington National Bank boosted its position in shares of Jones Lang LaSalle by 22.9% in the 3rd quarter. Huntington National Bank now owns 204 shares of the financial services provider’s stock worth $55,000 after purchasing an additional 38 shares during the last quarter. CIBC Asset Management Inc lifted its position in Jones Lang LaSalle by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,375 shares of the financial services provider’s stock valued at $371,000 after acquiring an additional 47 shares in the last quarter. Greenleaf Trust lifted its stake in Jones Lang LaSalle by 3.0% in the 4th quarter. Greenleaf Trust now owns 1,617 shares of the financial services provider’s stock valued at $409,000 after acquiring an additional 47 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Jones Lang LaSalle by 35.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider’s stock worth $49,000 after buying an additional 51 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in Jones Lang LaSalle by 0.5% in the third quarter. Van ECK Associates Corp now owns 11,390 shares of the financial services provider’s stock valued at $2,972,000 after purchasing an additional 54 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Jones Lang LaSalle Stock Down 1.4 %

Shares of NYSE JLL opened at $267.28 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.00 and a quick ratio of 2.29. Jones Lang LaSalle Incorporated has a 1 year low of $171.45 and a 1 year high of $288.50. The firm has a market cap of $12.67 billion, a PE ratio of 23.67 and a beta of 1.36. The company has a 50 day simple moving average of $265.57 and a 200 day simple moving average of $263.76.

Jones Lang LaSalle (NYSE:JLL) last released its earnings results on Wednesday, February 19th. The financial services provider reported $6.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.76 by $0.39. The business had revenue of $6.81 billion for the quarter, compared to analyst estimates of $6.65 billion. Jones Lang LaSalle had a net margin of 2.33% and a return on equity of 10.20%. Jones Lang LaSalle’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.23 earnings per share. On average, research analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 EPS for the current year.

Wall Street Analyst Weigh In

JLL has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods raised Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $292.00 to $325.00 in a research report on Tuesday, December 10th. JPMorgan Chase & Co. raised their price objective on Jones Lang LaSalle from $263.00 to $327.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Wolfe Research raised Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 target price on the stock in a report on Monday, November 25th. StockNews.com lowered Jones Lang LaSalle from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Finally, Raymond James upped their price objective on shares of Jones Lang LaSalle from $317.00 to $320.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 24th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Jones Lang LaSalle currently has a consensus rating of “Buy” and an average price target of $309.00.

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.