Crossmark Global Holdings Inc. Sells 1,070 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

Crossmark Global Holdings Inc. decreased its holdings in shares of Jones Lang LaSalle Incorporated (NYSE:JLLFree Report) by 11.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,365 shares of the financial services provider’s stock after selling 1,070 shares during the period. Crossmark Global Holdings Inc.’s holdings in Jones Lang LaSalle were worth $1,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Norges Bank purchased a new position in shares of Jones Lang LaSalle during the 4th quarter valued at $97,222,000. Dimensional Fund Advisors LP lifted its stake in shares of Jones Lang LaSalle by 11.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,426,954 shares of the financial services provider’s stock valued at $269,512,000 after buying an additional 142,887 shares in the last quarter. Boston Trust Walden Corp lifted its stake in shares of Jones Lang LaSalle by 20.4% during the 4th quarter. Boston Trust Walden Corp now owns 710,236 shares of the financial services provider’s stock valued at $134,142,000 after buying an additional 120,105 shares in the last quarter. Wellington Management Group LLP purchased a new position in shares of Jones Lang LaSalle during the 3rd quarter valued at $14,415,000. Finally, Principal Financial Group Inc. lifted its stake in shares of Jones Lang LaSalle by 34.7% during the 4th quarter. Principal Financial Group Inc. now owns 236,964 shares of the financial services provider’s stock valued at $44,755,000 after buying an additional 61,092 shares in the last quarter. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

JLL has been the topic of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of Jones Lang LaSalle in a research note on Wednesday, April 10th. They set a “buy” rating and a $246.00 target price on the stock. StockNews.com upgraded shares of Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 16th. Keefe, Bruyette & Woods boosted their price target on shares of Jones Lang LaSalle from $190.00 to $200.00 and gave the stock a “market perform” rating in a research note on Wednesday, May 8th. TheStreet upgraded shares of Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research note on Wednesday, February 14th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Jones Lang LaSalle in a research note on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Jones Lang LaSalle presently has an average rating of “Moderate Buy” and a consensus price target of $214.00.

Read Our Latest Stock Analysis on JLL

Jones Lang LaSalle Stock Down 0.0 %

Shares of NYSE JLL opened at $198.94 on Friday. The firm’s 50-day moving average price is $191.16 and its 200-day moving average price is $182.98. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $9.46 billion, a price-to-earnings ratio of 31.98 and a beta of 1.40. Jones Lang LaSalle Incorporated has a 12-month low of $119.46 and a 12-month high of $209.79.

Jones Lang LaSalle (NYSE:JLLGet Free Report) last announced its earnings results on Monday, May 6th. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.93. The firm had revenue of $5.12 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Jones Lang LaSalle had a net margin of 1.42% and a return on equity of 6.55%. The business’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.65 EPS. On average, equities research analysts anticipate that Jones Lang LaSalle Incorporated will post 12.22 EPS for the current fiscal year.

About Jones Lang LaSalle

(Free Report)

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.

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Institutional Ownership by Quarter for Jones Lang LaSalle (NYSE:JLL)

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