Tudor Investment Corp ET AL Buys 6,123 Shares of Jones Lang LaSalle Incorporated $JLL

Tudor Investment Corp ET AL grew its stake in Jones Lang LaSalle Incorporated (NYSE:JLL) by 378.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,743 shares of the financial services provider’s stock after buying an additional 6,123 shares during the period. Tudor Investment Corp ET AL’s holdings in Jones Lang LaSalle were worth $2,310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Chilton Capital Management LLC raised its holdings in Jones Lang LaSalle by 33.0% during the 3rd quarter. Chilton Capital Management LLC now owns 133 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 33 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Jones Lang LaSalle by 7.9% in the 3rd quarter. IFP Advisors Inc now owns 544 shares of the financial services provider’s stock valued at $162,000 after purchasing an additional 40 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Jones Lang LaSalle by 2.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,376 shares of the financial services provider’s stock worth $608,000 after buying an additional 47 shares during the period. Quadrant Capital Group LLC raised its stake in Jones Lang LaSalle by 1.2% during the third quarter. Quadrant Capital Group LLC now owns 4,208 shares of the financial services provider’s stock worth $1,255,000 after buying an additional 51 shares during the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Jones Lang LaSalle by 6.7% in the third quarter. HB Wealth Management LLC now owns 844 shares of the financial services provider’s stock valued at $252,000 after buying an additional 53 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Jones Lang LaSalle Trading Down 2.7%

JLL opened at $292.40 on Friday. The company has a fifty day moving average price of $318.04 and a two-hundred day moving average price of $317.77. Jones Lang LaSalle Incorporated has a 1-year low of $194.36 and a 1-year high of $363.06. The company has a market cap of $13.70 billion, a P/E ratio of 17.82 and a beta of 1.42. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.10.

Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings data on Wednesday, February 18th. The financial services provider reported $8.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.25 by $1.46. The company had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.45 billion. Jones Lang LaSalle had a net margin of 3.03% and a return on equity of 12.50%. The business’s revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.15 EPS. Analysts predict that Jones Lang LaSalle Incorporated will post 16.45 EPS for the current fiscal year.

Analyst Ratings Changes

JLL has been the subject of a number of recent analyst reports. Weiss Ratings upgraded Jones Lang LaSalle from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Keefe, Bruyette & Woods dropped their price objective on Jones Lang LaSalle from $405.00 to $380.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Wall Street Zen raised Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 11th. UBS Group lifted their target price on Jones Lang LaSalle from $410.00 to $425.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Finally, Zacks Research raised Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $363.17.

Insider Activity at Jones Lang LaSalle

In other Jones Lang LaSalle news, CEO Richard Bloxam sold 5,440 shares of the company’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $296.94, for a total transaction of $1,615,353.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Deborah H. Mcaneny sold 2,500 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $300.50, for a total value of $751,250.00. Following the completion of the sale, the director directly owned 14,985 shares of the company’s stock, valued at approximately $4,502,992.50. This trade represents a 14.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.91% of the stock is currently owned by corporate insiders.

Jones Lang LaSalle Profile

Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.

Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.