3,144 Shares in Jones Lang LaSalle Incorporated $JLL Bought by Leonteq Securities AG

Leonteq Securities AG bought a new position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,144 shares of the financial services provider’s stock, valued at approximately $1,058,000.

Several other institutional investors and hedge funds have also bought and sold shares of JLL. Sunbelt Securities Inc. bought a new position in Jones Lang LaSalle during the third quarter worth $25,000. International Assets Investment Management LLC purchased a new stake in Jones Lang LaSalle in the 4th quarter valued at about $29,000. Activest Wealth Management increased its stake in Jones Lang LaSalle by 1,720.0% in the 4th quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock valued at $31,000 after buying an additional 86 shares during the last quarter. Chilton Capital Management LLC increased its stake in Jones Lang LaSalle by 33.0% in the 3rd quarter. Chilton Capital Management LLC now owns 133 shares of the financial services provider’s stock valued at $40,000 after buying an additional 33 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in Jones Lang LaSalle in the third quarter valued at about $44,000. 94.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on JLL. Barclays boosted their price target on shares of Jones Lang LaSalle from $348.00 to $366.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. UBS Group boosted their price target on shares of Jones Lang LaSalle from $425.00 to $445.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Zacks Research downgraded shares of Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Keefe, Bruyette & Woods cut their price objective on shares of Jones Lang LaSalle from $405.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Finally, Weiss Ratings raised shares of Jones Lang LaSalle from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $368.33.

Insider Buying and Selling

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

Jones Lang LaSalle Stock Down 0.0%

NYSE:JLL opened at $292.89 on Friday. The firm has a market cap of $13.59 billion, a P/E ratio of 15.75 and a beta of 1.34. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.35 and a current ratio of 2.35. Jones Lang LaSalle Incorporated has a fifty-two week low of $211.86 and a fifty-two week high of $363.06. The firm has a 50-day simple moving average of $313.62 and a two-hundred day simple moving average of $321.87.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings results on Thursday, April 30th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.42. The firm had revenue of $6.39 billion for the quarter, compared to the consensus estimate of $6 billion. Jones Lang LaSalle had a net margin of 3.35% and a return on equity of 13.01%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.31 EPS. Analysts predict that Jones Lang LaSalle Incorporated will post 22.35 earnings per share for the current fiscal year.

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.