Fort Washington Investment Advisors Inc. OH Has $104.32 Million Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Fort Washington Investment Advisors Inc. OH reduced its position in Jones Lang LaSalle Incorporated (NYSE:JLL) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 412,090 shares of the financial services provider’s stock after selling 3,080 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Jones Lang LaSalle were worth $104,316,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in JLL. Brooklyn Investment Group bought a new position in Jones Lang LaSalle in the third quarter valued at approximately $34,000. UMB Bank n.a. boosted its holdings in shares of Jones Lang LaSalle by 350.0% in the 3rd quarter. UMB Bank n.a. now owns 135 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 105 shares in the last quarter. V Square Quantitative Management LLC bought a new position in shares of Jones Lang LaSalle in the 3rd quarter valued at $37,000. Massmutual Trust Co. FSB ADV lifted its position in shares of Jones Lang LaSalle by 37.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 143 shares of the financial services provider’s stock worth $39,000 after buying an additional 39 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Jones Lang LaSalle by 35.7% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider’s stock valued at $49,000 after buying an additional 51 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JLL has been the subject of a number of research reports. The Goldman Sachs Group started coverage on shares of Jones Lang LaSalle in a report on Friday, December 6th. They issued a “buy” rating and a $352.00 target price for the company. Keefe, Bruyette & Woods upgraded shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and raised their target price for the company from $292.00 to $325.00 in a research report on Tuesday, December 10th. JPMorgan Chase & Co. increased their price target on Jones Lang LaSalle from $263.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Finally, Wolfe Research upgraded Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 price objective on the stock in a research report on Monday, November 25th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $301.57.

Jones Lang LaSalle Trading Up 3.5 %

NYSE JLL opened at $270.85 on Wednesday. Jones Lang LaSalle Incorporated has a 12 month low of $168.36 and a 12 month high of $288.50. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $12.85 billion, a PE ratio of 27.39 and a beta of 1.36. The business’s 50-day moving average price is $262.06 and its two-hundred day moving average price is $255.92.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $2.67 by $0.83. Jones Lang LaSalle had a net margin of 2.12% and a return on equity of 8.95%. The business had revenue of $5.87 billion for the quarter, compared to analysts’ expectations of $5.62 billion. During the same quarter in the prior year, the firm posted $2.01 earnings per share. The business’s quarterly revenue was up 14.8% compared to the same quarter last year. On average, analysts expect that Jones Lang LaSalle Incorporated will post 13.61 EPS for the current year.

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.