J.W. Cole Advisors Inc. bought a new position in Jones Lang LaSalle Incorporated (NYSE:JLL – Get Rating) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 44,560 shares of the financial services provider's stock, valued at approximately $76,000. J.W. Cole Advisors Inc. owned 0.09% of Jones Lang LaSalle as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Ellevest Inc. boosted its position in shares of Jones Lang LaSalle by 1,255.6% during the 1st quarter. Ellevest Inc. now owns 122 shares of the financial services provider's stock valued at $29,000 after acquiring an additional 113 shares during the last quarter. Covestor Ltd boosted its position in shares of Jones Lang LaSalle by 61.3% during the 1st quarter. Covestor Ltd now owns 150 shares of the financial services provider's stock valued at $36,000 after acquiring an additional 57 shares during the last quarter. Chilton Capital Management LLC bought a new stake in shares of Jones Lang LaSalle during the 4th quarter valued at about $47,000. Brown Brothers Harriman & Co. bought a new stake in shares of Jones Lang LaSalle during the 1st quarter valued at about $46,000. Finally, Archer Investment Corp bought a new stake in shares of Jones Lang LaSalle during the 1st quarter valued at about $48,000. Institutional investors own 95.84% of the company's stock.
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Shares of Jones Lang LaSalle stock opened at $155.92 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.28 and a quick ratio of 2.28. The business's 50 day simple moving average is $176.72 and its two-hundred day simple moving average is $193.97. The stock has a market capitalization of $7.47 billion, a P/E ratio of 8.00 and a beta of 1.28. Jones Lang LaSalle Incorporated has a one year low of $154.63 and a one year high of $275.77.
Analyst Ratings Changes
A number of brokerages recently weighed in on JLL. Raymond James raised their price objective on Jones Lang LaSalle from $280.00 to $287.00 and gave the company an "outperform" rating in a report on Thursday, August 4th. UBS Group decreased their price objective on Jones Lang LaSalle from $287.00 to $247.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, StockNews.com raised Jones Lang LaSalle from a "hold" rating to a "buy" rating in a report on Thursday. One analyst has rated the stock with a sell rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Jones Lang LaSalle currently has a consensus rating of "Moderate Buy" and an average price target of $271.50.About Jones Lang LaSalle
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Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services.
Further Reading
- Get a free copy of the StockNews.com research report on Jones Lang LaSalle (JLL)
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