Jones Lang LaSalle Incorporated (NYSE:JLL) Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH lowered its stake in Jones Lang LaSalle Incorporated (NYSE:JLL) by 2.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 403,775 shares of the financial services provider’s stock after selling 8,315 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.85% of Jones Lang LaSalle worth $100,100,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of JLL. Private Trust Co. NA raised its position in shares of Jones Lang LaSalle by 112.0% during the fourth quarter. Private Trust Co. NA now owns 106 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 56 shares during the period. Principal Securities Inc. increased its stake in Jones Lang LaSalle by 166.7% in the 4th quarter. Principal Securities Inc. now owns 176 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 110 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in Jones Lang LaSalle by 52.9% during the fourth quarter. V Square Quantitative Management LLC now owns 208 shares of the financial services provider’s stock valued at $53,000 after buying an additional 72 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Jones Lang LaSalle by 25.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 250 shares of the financial services provider’s stock worth $62,000 after buying an additional 50 shares during the period. Finally, Versant Capital Management Inc increased its position in shares of Jones Lang LaSalle by 356.3% in the first quarter. Versant Capital Management Inc now owns 324 shares of the financial services provider’s stock worth $80,000 after acquiring an additional 253 shares in the last quarter. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. UBS Group reduced their price target on shares of Jones Lang LaSalle from $340.00 to $305.00 and set a “buy” rating for the company in a research report on Friday, April 11th. Wall Street Zen downgraded Jones Lang LaSalle from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, May 13th. Keefe, Bruyette & Woods lowered their target price on Jones Lang LaSalle from $325.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. Citigroup reduced their price target on shares of Jones Lang LaSalle from $275.00 to $240.00 and set a “neutral” rating for the company in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Jones Lang LaSalle from $327.00 to $285.00 and set an “overweight” rating on the stock in a research note on Thursday, April 10th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Jones Lang LaSalle currently has an average rating of “Buy” and a consensus target price of $305.00.

Jones Lang LaSalle Trading Up 0.2%

NYSE:JLL opened at $237.80 on Thursday. The company has a market capitalization of $11.29 billion, a P/E ratio of 21.06 and a beta of 1.31. The stock’s 50 day moving average price is $223.66 and its 200 day moving average price is $249.63. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.29 and a current ratio of 2.00. Jones Lang LaSalle Incorporated has a 52 week low of $194.36 and a 52 week high of $288.50.

Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.29. The business had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.65 billion. Jones Lang LaSalle had a net margin of 2.33% and a return on equity of 10.20%. Jones Lang LaSalle’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.78 EPS. On average, research analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 EPS for the current fiscal 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.