Alyeska Investment Group L.P. bought a new position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 96,398 shares of the financial services provider's stock, valued at approximately $24,402,000. Alyeska Investment Group L.P. owned approximately 0.20% of Jones Lang LaSalle at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Freestone Grove Partners LP acquired a new position in shares of Jones Lang LaSalle during the fourth quarter worth about $201,000. Schonfeld Strategic Advisors LLC increased its position in shares of Jones Lang LaSalle by 1,157.7% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 20,437 shares of the financial services provider's stock valued at $5,173,000 after purchasing an additional 18,812 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Jones Lang LaSalle by 146.4% during the fourth quarter. AQR Capital Management LLC now owns 177,687 shares of the financial services provider's stock worth $44,980,000 after purchasing an additional 105,580 shares in the last quarter. Northern Trust Corp raised its stake in Jones Lang LaSalle by 1.3% in the fourth quarter. Northern Trust Corp now owns 450,735 shares of the financial services provider's stock valued at $114,099,000 after buying an additional 5,572 shares in the last quarter. Finally, Tudor Investment Corp ET AL purchased a new stake in Jones Lang LaSalle during the 4th quarter worth about $817,000. Hedge funds and other institutional investors own 94.80% of the company's stock.
Jones Lang LaSalle Stock Performance
Shares of Jones Lang LaSalle stock traded up $1.87 on Friday, reaching $229.64. 311,287 shares of the stock were exchanged, compared to its average volume of 322,001. The company has a current ratio of 2.00, a quick ratio of 2.29 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $10.90 billion, a PE ratio of 20.34 and a beta of 1.33. Jones Lang LaSalle Incorporated has a 1-year low of $192.94 and a 1-year high of $288.50. The business has a fifty day moving average price of $233.57 and a two-hundred day moving average price of $255.78.
Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $2.31 EPS for the quarter, beating the consensus estimate of $2.02 by $0.29. The business had revenue of $5.75 billion during the quarter, compared to analysts' expectations of $5.65 billion. Jones Lang LaSalle had a return on equity of 10.20% and a net margin of 2.33%. The company's quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the firm earned $1.78 EPS. As a group, research analysts anticipate that Jones Lang LaSalle Incorporated will post 16.45 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on JLL shares. JPMorgan Chase & Co. lowered their target price on shares of Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. UBS Group cut their target price on Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Raymond James upped their target price on Jones Lang LaSalle from $317.00 to $320.00 and gave the company a "strong-buy" rating in a research report on Friday, January 24th. StockNews.com upgraded Jones Lang LaSalle from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 5th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of Jones Lang LaSalle from $325.00 to $280.00 and set an "outperform" rating on the stock in a research report on Thursday, April 17th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Jones Lang LaSalle has an average rating of "Buy" and an average price target of $315.83.
Get Our Latest Report on JLL
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.
Further Reading
Before you consider Jones Lang LaSalle, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jones Lang LaSalle wasn't on the list.
While Jones Lang LaSalle currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
