Boston Trust Walden Corp Has $72.43 Million Position in Jones Lang LaSalle Incorporated (NYSE:JLL)

Boston Trust Walden Corp reduced its stake in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) by 4.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 292,148 shares of the financial services provider's stock after selling 13,620 shares during the quarter. Boston Trust Walden Corp owned approximately 0.61% of Jones Lang LaSalle worth $72,426,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JLL. Private Trust Co. NA increased its position in Jones Lang LaSalle by 112.0% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the financial services provider's stock worth $27,000 after buying an additional 56 shares during the period. Western Pacific Wealth Management LP bought a new position in Jones Lang LaSalle in the 1st quarter worth approximately $41,000. Principal Securities Inc. increased its position in Jones Lang LaSalle by 166.7% in the 4th quarter. Principal Securities Inc. now owns 176 shares of the financial services provider's stock worth $45,000 after buying an additional 110 shares during the period. CIBC Private Wealth Group LLC increased its position in shares of Jones Lang LaSalle by 25.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 250 shares of the financial services provider's stock valued at $62,000 after purchasing an additional 50 shares during the period. Finally, Versant Capital Management Inc increased its position in shares of Jones Lang LaSalle by 356.3% during the first quarter. Versant Capital Management Inc now owns 324 shares of the financial services provider's stock valued at $80,000 after purchasing an additional 253 shares during the period. 94.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JLL has been the topic of a number of research reports. JPMorgan Chase & Co. lowered their price objective on Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating on the stock in a research report on Thursday, April 10th. Wall Street Zen cut Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, May 13th. Citigroup lowered their price objective on Jones Lang LaSalle from $275.00 to $240.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 28th. Keefe, Bruyette & Woods lowered their price objective on 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. Finally, UBS Group lowered their price objective 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. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Jones Lang LaSalle currently has a consensus rating of "Buy" and an average target price of $305.00.

Jones Lang LaSalle Price Performance

NYSE:JLL traded up $1.20 during trading hours on Friday, reaching $238.64. The company had a trading volume of 465,921 shares, compared to its average volume of 340,178. The stock has a 50-day moving average of $226.91 and a two-hundred day moving average of $247.34. Jones Lang LaSalle Incorporated has a one year low of $194.36 and a one year high of $288.50. The firm has a market capitalization of $11.33 billion, a PE ratio of 21.58 and a beta of 1.31. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.17.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $2.31 EPS for the quarter, topping analysts' consensus estimates of $2.02 by $0.29. The company had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.65 billion. Jones Lang LaSalle had a return on equity of 10.37% and a net margin of 2.23%. The business's revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.78 earnings per share. Analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 earnings per share 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.