Blair William & Co. IL Has $9.14 Million Stock Position in Jones Lang LaSalle Incorporated (NYSE:JLL)

Blair William & Co. IL raised its position in Jones Lang LaSalle Incorporated (NYSE:JLL) by 14.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 46,842 shares of the financial services provider’s stock after acquiring an additional 5,780 shares during the period. Blair William & Co. IL owned approximately 0.10% of Jones Lang LaSalle worth $9,138,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Rise Advisors LLC bought a new position in Jones Lang LaSalle in the 1st quarter valued at about $30,000. Atlas Capital Advisors LLC bought a new stake in Jones Lang LaSalle during the first quarter worth $35,000. Riverview Trust Co purchased a new stake in Jones Lang LaSalle in the 1st quarter valued at $38,000. Bruce G. Allen Investments LLC bought a new position in Jones Lang LaSalle during the 4th quarter valued at $47,000. Finally, GAMMA Investing LLC bought a new stake in shares of Jones Lang LaSalle in the 4th quarter worth $71,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on JLL shares. Keefe, Bruyette & Woods boosted their price target on shares of Jones Lang LaSalle from $190.00 to $200.00 and gave the stock a “market perform” rating in a report on Wednesday, May 8th. UBS Group boosted their target price on Jones Lang LaSalle from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, July 3rd. Wolfe Research reaffirmed a “peer perform” rating on shares of Jones Lang LaSalle in a research report on Tuesday, April 9th. StockNews.com raised Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 10th. Finally, JPMorgan Chase & Co. raised their target price on Jones Lang LaSalle from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, June 21st. Three analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $223.33.

Jones Lang LaSalle Stock Performance

Shares of JLL traded down $1.18 during mid-day trading on Friday, hitting $230.74. The stock had a trading volume of 163,672 shares, compared to its average volume of 273,928. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.35 and a quick ratio of 2.35. The firm has a market cap of $10.97 billion, a P/E ratio of 37.27 and a beta of 1.38. Jones Lang LaSalle Incorporated has a 52 week low of $119.46 and a 52 week high of $237.83. The business has a fifty day moving average price of $205.43 and a 200-day moving average price of $190.83.

Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings data 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 net margin of 1.42% and a return on equity of 6.55%. The company’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. On average, equities research analysts expect that Jones Lang LaSalle Incorporated will post 12.35 EPS for the current year.

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.