New Century Financial Group LLC bought a new stake in Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,153 shares of the financial services provider’s stock, valued at approximately $311,000.
Other large investors have also recently bought and sold shares of the company. Innealta Capital LLC acquired a new position in shares of Jones Lang LaSalle during the second quarter valued at approximately $34,000. Atlas Capital Advisors LLC acquired a new position in shares of Jones Lang LaSalle during the 1st quarter valued at $35,000. UMB Bank n.a. raised its stake in shares of Jones Lang LaSalle by 350.0% in the 3rd quarter. UMB Bank n.a. now owns 135 shares of the financial services provider’s stock worth $36,000 after buying an additional 105 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Jones Lang LaSalle in the third quarter valued at $37,000. Finally, Riverview Trust Co bought a new position in Jones Lang LaSalle during the first quarter valued at about $38,000. Institutional investors and hedge funds own 94.80% of the company’s stock.
Jones Lang LaSalle Stock Performance
Shares of JLL opened at $266.26 on Monday. The company has a market capitalization of $12.66 billion, a PE ratio of 42.81 and a beta of 1.37. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.58 and a current ratio of 2.58. The company’s 50 day moving average price is $256.79 and its 200 day moving average price is $223.35. Jones Lang LaSalle Incorporated has a 52 week low of $119.46 and a 52 week high of $273.82.
Analysts Set New Price Targets
A number of analysts recently commented on the stock. Raymond James boosted their target price on shares of Jones Lang LaSalle from $246.00 to $268.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 25th. Keefe, Bruyette & Woods increased their price objective on Jones Lang LaSalle from $240.00 to $250.00 and gave the company a “market perform” rating in a research report on Thursday, August 8th. StockNews.com upgraded Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a report on Friday, September 13th. Finally, UBS Group upped their target price on Jones Lang LaSalle from $225.00 to $240.00 and gave the company a “buy” rating in a report on Wednesday, July 3rd. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Jones Lang LaSalle has a consensus rating of “Buy” and an average target price of $246.80.
Get Our Latest Report on Jones Lang LaSalle
Jones Lang LaSalle Company 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.
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