Duality Advisers LP Has $1.20 Million Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Duality Advisers LP cut its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 22.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,343 shares of the financial services provider’s stock after selling 1,889 shares during the quarter. Duality Advisers LP’s holdings in Jones Lang LaSalle were worth $1,198,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Tributary Capital Management LLC increased its holdings in shares of Jones Lang LaSalle by 1.9% during the fourth quarter. Tributary Capital Management LLC now owns 4,351 shares of the financial services provider’s stock worth $822,000 after buying an additional 83 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Jones Lang LaSalle by 78.7% in the third quarter. Exchange Traded Concepts LLC now owns 218 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 96 shares in the last quarter. Treasurer of the State of North Carolina grew its holdings in shares of Jones Lang LaSalle by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 20,816 shares of the financial services provider’s stock worth $2,939,000 after purchasing an additional 110 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of Jones Lang LaSalle by 9.6% in the fourth quarter. Mackenzie Financial Corp now owns 1,808 shares of the financial services provider’s stock valued at $341,000 after buying an additional 159 shares in the last quarter. Finally, Paralel Advisors LLC increased its position in Jones Lang LaSalle by 1.3% in the 3rd quarter. Paralel Advisors LLC now owns 13,158 shares of the financial services provider’s stock valued at $1,858,000 after acquiring an additional 164 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Jones Lang LaSalle Stock Up 1.8 %

NYSE:JLL opened at $182.33 on Wednesday. Jones Lang LaSalle Incorporated has a 12-month low of $119.46 and a 12-month high of $200.14. The firm has a market capitalization of $8.66 billion, a P/E ratio of 39.13 and a beta of 1.42. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.22. The stock’s fifty day simple moving average is $186.74 and its 200-day simple moving average is $170.27.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $4.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.70 by $0.53. The company had revenue of $5.88 billion for the quarter, compared to analysts’ expectations of $5.86 billion. Jones Lang LaSalle had a return on equity of 5.74% and a net margin of 1.09%. The business’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.36 EPS. Equities research analysts expect that Jones Lang LaSalle Incorporated will post 11.98 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on JLL. Wolfe Research reiterated a “peer perform” rating on shares of Jones Lang LaSalle in a research report on Tuesday, April 9th. TheStreet upgraded Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research report on Wednesday, February 14th. Jefferies Financial Group began coverage on Jones Lang LaSalle in a research note on Wednesday, April 10th. They issued a “buy” rating and a $246.00 target price for the company. Raymond James raised Jones Lang LaSalle from an “outperform” rating to a “strong-buy” rating and upped their price target for the company from $218.00 to $246.00 in a research note on Wednesday, April 3rd. Finally, StockNews.com upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research report on Wednesday, February 28th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $206.00.

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.