Linden Thomas Advisory Services LLC Buys 819 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

Linden Thomas Advisory Services LLC grew its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 18.8% in the 4th quarter, HoldingsChannel reports. The fund owned 5,173 shares of the financial services provider’s stock after purchasing an additional 819 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Jones Lang LaSalle were worth $977,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC lifted its holdings in Jones Lang LaSalle by 78.7% during the 3rd quarter. Exchange Traded Concepts LLC now owns 218 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 96 shares during the last quarter. Bruce G. Allen Investments LLC bought a new position in Jones Lang LaSalle during the 4th quarter worth $47,000. NBC Securities Inc. acquired a new stake in shares of Jones Lang LaSalle during the third quarter worth $100,000. Sequoia Financial Advisors LLC acquired a new position in shares of Jones Lang LaSalle in the fourth quarter valued at about $215,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in Jones Lang LaSalle during the third quarter worth about $162,000. Institutional investors own 94.80% of the company’s stock.

Jones Lang LaSalle Stock Down 0.3 %

NYSE JLL opened at $181.86 on Thursday. The business has a fifty day moving average price of $186.74 and a two-hundred day moving average price of $170.27. The stock has a market capitalization of $8.64 billion, a PE ratio of 39.03 and a beta of 1.42. Jones Lang LaSalle Incorporated has a fifty-two week low of $119.46 and a fifty-two week high of $200.14. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.94 and a quick ratio of 1.94.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $4.23 earnings per share for the quarter, topping the consensus estimate of $3.70 by $0.53. Jones Lang LaSalle had a return on equity of 5.74% and a net margin of 1.09%. The business had revenue of $5.88 billion during the quarter, compared to the consensus estimate of $5.86 billion. During the same period in the prior year, the company earned $4.36 EPS. Jones Lang LaSalle’s revenue for the quarter was up 4.9% on a year-over-year basis. Equities analysts expect that Jones Lang LaSalle Incorporated will post 11.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on JLL shares. StockNews.com raised shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Wednesday, February 28th. TheStreet upgraded Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research note on Wednesday, February 14th. Wolfe Research restated a “peer perform” rating on shares of Jones Lang LaSalle in a research note on Tuesday, April 9th. Jefferies Financial Group initiated coverage on Jones Lang LaSalle in a research report on Wednesday, April 10th. They set a “buy” rating and a $246.00 target price for the company. Finally, Raymond James upgraded Jones Lang LaSalle from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $218.00 to $246.00 in a research report on Wednesday, April 3rd. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Jones Lang LaSalle has an average rating of “Moderate Buy” and an average price target of $206.00.

About Jones Lang LaSalle

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.