3,227 Shares in Jones Lang LaSalle Incorporated (NYSE:JLL) Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new position in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,227 shares of the financial services provider's stock, valued at approximately $817,000.

Several other hedge funds have also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB acquired a new stake in Jones Lang LaSalle in the third quarter worth $146,000. Tidal Investments LLC acquired a new stake in shares of Jones Lang LaSalle in the 3rd quarter valued at about $218,000. GAMMA Investing LLC raised its stake in Jones Lang LaSalle by 16.3% during the 4th quarter. GAMMA Investing LLC now owns 842 shares of the financial services provider's stock worth $213,000 after buying an additional 118 shares during the period. Everence Capital Management Inc. bought a new position in Jones Lang LaSalle in the fourth quarter worth approximately $306,000. Finally, Diversified Trust Co acquired a new stake in Jones Lang LaSalle in the fourth quarter valued at approximately $567,000. 94.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on JLL shares. StockNews.com cut Jones Lang LaSalle from a "strong-buy" rating to a "buy" rating in a report on Tuesday. Raymond James lifted their price objective on shares of Jones Lang LaSalle from $317.00 to $320.00 and gave the company a "strong-buy" rating in a report on Friday, January 24th. UBS Group lowered their target price on shares of Jones Lang LaSalle from $340.00 to $305.00 and set a "buy" rating on the stock in a report on Friday, April 11th. JPMorgan Chase & Co. cut their price target on Jones Lang LaSalle from $327.00 to $285.00 and set an "overweight" rating for the company in a research note on Thursday, April 10th. Finally, Keefe, Bruyette & Woods decreased their price objective on Jones Lang LaSalle from $325.00 to $280.00 and set an "outperform" rating for the company in a report on Thursday, April 17th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $315.83.

Jones Lang LaSalle Stock Up 0.4%

JLL stock traded up $0.97 during trading on Tuesday, reaching $241.49. The stock had a trading volume of 52,422 shares, compared to its average volume of 321,011. The company has a quick ratio of 2.29, a current ratio of 2.00 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $11.46 billion, a price-to-earnings ratio of 21.39 and a beta of 1.33. Jones Lang LaSalle Incorporated has a one year low of $192.94 and a one year high of $288.50. The company's 50 day moving average is $232.96 and its two-hundred day moving average is $255.44.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $2.31 EPS for the quarter, beating analysts' consensus estimates of $2.02 by $0.29. Jones Lang LaSalle had a return on equity of 10.20% and a net margin of 2.33%. The company had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.65 billion. During the same period last year, the business posted $1.78 earnings per share. Jones Lang LaSalle's revenue was up 12.1% on a year-over-year basis. Equities research analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 EPS for the current year.

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.