Jones Lang LaSalle Incorporated $JLL Shares Purchased by Leeward Investments LLC MA

Leeward Investments LLC MA boosted its position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,215 shares of the financial services provider’s stock after purchasing an additional 1,772 shares during the period. Leeward Investments LLC MA owned 0.08% of Jones Lang LaSalle worth $10,759,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC boosted its position in shares of Jones Lang LaSalle by 2.0% in the third quarter. Fifth Third Wealth Advisors LLC now owns 1,758 shares of the financial services provider’s stock worth $537,000 after buying an additional 34 shares during the period. Versant Capital Management Inc raised its position in Jones Lang LaSalle by 8.1% during the third quarter. Versant Capital Management Inc now owns 469 shares of the financial services provider’s stock valued at $143,000 after buying an additional 35 shares during the period. Diversify Advisory Services LLC raised its position in Jones Lang LaSalle by 1.6% during the third quarter. Diversify Advisory Services LLC now owns 2,288 shares of the financial services provider’s stock valued at $711,000 after buying an additional 37 shares during the period. Farther Finance Advisors LLC lifted its stake in Jones Lang LaSalle by 4.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,002 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 45 shares in the last quarter. Finally, Root Financial Partners LLC lifted its stake in Jones Lang LaSalle by 27.4% in the 1st quarter. Root Financial Partners LLC now owns 223 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 48 shares in the last quarter. 94.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Jones Lang LaSalle news, CEO Christian Ulbrich sold 2,000 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $385.53, for a total value of $771,060.00. Following the completion of the sale, the chief executive officer directly owned 138,418 shares of the company’s stock, valued at $53,364,291.54. This represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 6,000 shares of company stock worth $2,271,060. 0.91% of the stock is owned by corporate insiders.

Jones Lang LaSalle Price Performance

JLL opened at $300.22 on Monday. The stock has a market cap of $13.76 billion, a price-to-earnings ratio of 14.39 and a beta of 1.30. Jones Lang LaSalle Incorporated has a 1 year low of $259.83 and a 1 year high of $393.84. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $336.05 and a 200 day moving average price of $326.52.

Jones Lang LaSalle (NYSE:JLL) last issued its earnings results on Thursday, July 30th. The financial services provider reported $5.26 EPS for the quarter, beating analysts’ consensus estimates of $4.56 by $0.70. The firm had revenue of $6.93 billion for the quarter, compared to the consensus estimate of $6.88 billion. Jones Lang LaSalle had a return on equity of 13.99% and a net margin of 3.64%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.30 earnings per share. Analysts forecast that Jones Lang LaSalle Incorporated will post 24.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Citigroup restated a “market perform” rating on shares of Jones Lang LaSalle in a research report on Thursday, September 17th. Keefe, Bruyette & Woods dropped their target price on Jones Lang LaSalle from $415.00 to $385.00 and set an “outperform” rating on the stock in a report on Friday, October 9th. Zacks Research lowered shares of Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 23rd. Raymond James Financial restated a “strong-buy” rating and set a $500.00 price target on shares of Jones Lang LaSalle in a report on Thursday, July 30th. Finally, Weiss Ratings raised shares of Jones Lang LaSalle from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $427.60.

Jones Lang LaSalle Profile

Jones Lang LaSalle Incorporated, doing business as JLL, is a global commercial real estate services and investment management company. It serves property owners, occupiers, investors and developers across a broad range of real estate sectors, including office, industrial, retail, residential, hospitality and specialized properties.

JLL’s services include leasing, capital markets and investment sales, property and facilities management, project and development management, valuation and advisory services, workplace strategy, sustainability consulting and real estate technology solutions.