V Square Quantitative Management LLC Purchases 72 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

V Square Quantitative Management LLC raised its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 52.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208 shares of the financial services provider’s stock after buying an additional 72 shares during the quarter. V Square Quantitative Management LLC’s holdings in Jones Lang LaSalle were worth $53,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio grew its holdings in Jones Lang LaSalle by 42.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 34,379 shares of the financial services provider’s stock valued at $9,276,000 after buying an additional 10,186 shares in the last quarter. Boston Trust Walden Corp grew its holdings in Jones Lang LaSalle by 1.9% during 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 buying an additional 5,663 shares in the last quarter. Dorsey Wright & Associates purchased a new stake in Jones Lang LaSalle during the 3rd quarter valued at approximately $4,276,000. Diversified Trust Co purchased a new stake in Jones Lang LaSalle during the 4th quarter valued at approximately $567,000. Finally, Private Client Services LLC purchased a new stake in Jones Lang LaSalle during the 4th quarter valued at approximately $1,817,000. 94.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on JLL shares. JPMorgan Chase & Co. raised their target price on shares of Jones Lang LaSalle from $263.00 to $327.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Raymond James raised their target price 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. Wolfe Research raised shares of Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 target price for the company in a report on Monday, November 25th. The Goldman Sachs Group started coverage on shares of Jones Lang LaSalle in a report on Friday, December 6th. They issued a “buy” rating and a $352.00 target price for the company. Finally, Keefe, Bruyette & Woods raised shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and raised their target price for the company from $292.00 to $325.00 in a report on Tuesday, December 10th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Jones Lang LaSalle has an average rating of “Buy” and an average price target of $309.00.

Jones Lang LaSalle Stock Up 1.3 %

NYSE JLL opened at $283.10 on Tuesday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average of $264.98 and a two-hundred day moving average of $262.20. The firm has a market capitalization of $13.43 billion, a price-to-earnings ratio of 28.62 and a beta of 1.36. Jones Lang LaSalle Incorporated has a 52 week low of $171.45 and a 52 week high of $288.50.

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.