Jones Lang LaSalle Incorporated $JLL Stock Holdings Trimmed by Capital Analysts LLC

Capital Analysts LLC lowered its holdings in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 13.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274 shares of the financial services provider’s stock after selling 43 shares during the period. Capital Analysts LLC’s holdings in Jones Lang LaSalle were worth $68,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Tidal Investments LLC raised its stake in Jones Lang LaSalle by 4.7% during the 4th quarter. Tidal Investments LLC now owns 846 shares of the financial services provider’s stock valued at $214,000 after acquiring an additional 38 shares in the last quarter. Ellevest Inc. raised its stake in shares of Jones Lang LaSalle by 3.7% in the 4th quarter. Ellevest Inc. now owns 1,326 shares of the financial services provider’s stock worth $336,000 after buying an additional 47 shares in the last quarter. Hancock Whitney Corp raised its stake in shares of Jones Lang LaSalle by 1.3% in the 4th quarter. Hancock Whitney Corp now owns 4,289 shares of the financial services provider’s stock worth $1,086,000 after buying an additional 55 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Jones Lang LaSalle by 2.1% in the 4th quarter. Captrust Financial Advisors now owns 3,157 shares of the financial services provider’s stock worth $799,000 after buying an additional 64 shares in the last quarter. Finally, Mackenzie Financial Corp raised its stake in shares of Jones Lang LaSalle by 4.2% in the 1st quarter. Mackenzie Financial Corp now owns 1,610 shares of the financial services provider’s stock worth $399,000 after buying an additional 65 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Insider Buying and Selling at Jones Lang LaSalle

In other news, CEO Andrew W. Poppink sold 275 shares of Jones Lang LaSalle stock in a transaction on Friday, June 20th. The stock was sold at an average price of $237.97, for a total transaction of $65,441.75. Following the transaction, the chief executive officer owned 10,297 shares in the company, valued at approximately $2,450,377.09. The trade was a 2.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.91% of the company’s stock.

Jones Lang LaSalle Stock Performance

Shares of NYSE JLL opened at $303.6020 on Friday. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $14.38 billion, a price-to-earnings ratio of 26.11 and a beta of 1.38. The stock’s fifty day simple moving average is $264.69 and its 200 day simple moving average is $248.79. Jones Lang LaSalle Incorporated has a 52-week low of $194.36 and a 52-week high of $306.22.

Jones Lang LaSalle (NYSE:JLL) last issued its earnings results on Wednesday, August 6th. The financial services provider reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.20 by $0.10. Jones Lang LaSalle had a return on equity of 10.63% and a net margin of 2.28%.The business had revenue of $6.25 billion for the quarter, compared to analysts’ expectations of $6.17 billion. During the same period in the previous year, the firm posted $2.55 EPS. The company’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

JLL has been the topic of a number of research reports. Citizens Jmp initiated coverage on Jones Lang LaSalle in a research note on Monday, July 21st. They issued a “market perform” rating on the stock. JMP Securities initiated coverage on Jones Lang LaSalle in a research note on Monday, July 21st. They issued a “market perform” rating on the stock. The Goldman Sachs Group boosted their price objective on Jones Lang LaSalle from $338.00 to $378.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. UBS Group boosted their price objective on Jones Lang LaSalle from $305.00 to $340.00 and gave the stock a “buy” rating in a research note on Wednesday, July 2nd. Finally, Keefe, Bruyette & Woods lifted their target price on Jones Lang LaSalle from $280.00 to $297.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $316.14.

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.