Mutual of America Capital Management LLC Has $5.53 Million Stock Position in Jones Lang LaSalle Incorporated (NYSE:JLL)

Mutual of America Capital Management LLC cut its stake in Jones Lang LaSalle Incorporated (NYSE:JLLFree Report) by 3.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,347 shares of the financial services provider’s stock after selling 1,066 shares during the period. Mutual of America Capital Management LLC owned 0.06% of Jones Lang LaSalle worth $5,530,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Rise Advisors LLC bought a new stake in shares of Jones Lang LaSalle during the first quarter worth approximately $30,000. Atlas Capital Advisors LLC bought a new position in shares of Jones Lang LaSalle in the 1st quarter worth $35,000. Riverview Trust Co acquired a new position in Jones Lang LaSalle in the first quarter valued at about $38,000. Bruce G. Allen Investments LLC acquired a new position in shares of Jones Lang LaSalle during the 4th quarter worth about $47,000. Finally, GAMMA Investing LLC bought a new stake in shares of Jones Lang LaSalle in the 4th quarter valued at about $71,000. Institutional investors own 94.80% of the company’s stock.

Analysts Set New Price Targets

JLL has been the subject of several research analyst reports. Keefe, Bruyette & Woods boosted their price target on shares of Jones Lang LaSalle from $190.00 to $200.00 and gave the company a “market perform” rating in a report on Wednesday, May 8th. Wolfe Research reaffirmed a “peer perform” rating on shares of Jones Lang LaSalle in a research report on Tuesday, April 9th. JPMorgan Chase & Co. increased their target price on Jones Lang LaSalle from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Friday, June 21st. UBS Group upped their price target on shares of Jones Lang LaSalle from $225.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, July 3rd. Finally, Jefferies Financial Group began coverage on shares of Jones Lang LaSalle in a research report on Wednesday, April 10th. They issued a “buy” rating and a $246.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $223.33.

Check Out Our Latest Research Report on JLL

Jones Lang LaSalle Price Performance

Shares of NYSE JLL opened at $206.22 on Wednesday. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $9.81 billion, a PE ratio of 33.15 and a beta of 1.38. The stock’s 50 day moving average price is $200.27 and its 200-day moving average price is $189.04. Jones Lang LaSalle Incorporated has a twelve month low of $119.46 and a twelve month high of $213.33.

Jones Lang LaSalle (NYSE:JLLGet Free Report) last posted its earnings results on Monday, May 6th. The financial services provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.93. Jones Lang LaSalle had a return on equity of 6.55% and a net margin of 1.42%. The firm had revenue of $5.12 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same quarter in the prior year, the business posted $0.65 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. On average, equities analysts anticipate that Jones Lang LaSalle Incorporated will post 12.36 EPS for the current year.

Jones Lang LaSalle Company Profile

(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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