G&S Capital LLC Acquires 304 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

G&S Capital LLC raised its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,808 shares of the financial services provider’s stock after purchasing an additional 304 shares during the quarter. G&S Capital LLC’s holdings in Jones Lang LaSalle were worth $2,483,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Sanctuary Advisors LLC bought a new stake in Jones Lang LaSalle in the second quarter valued at $484,000. CWM LLC boosted its stake in shares of Jones Lang LaSalle by 4.0% in the 3rd quarter. CWM LLC now owns 1,597 shares of the financial services provider’s stock valued at $431,000 after purchasing an additional 62 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of Jones Lang LaSalle during the 3rd quarter worth about $568,000. Creative Planning boosted its position in Jones Lang LaSalle by 7.2% in the third quarter. Creative Planning now owns 4,964 shares of the financial services provider’s stock valued at $1,339,000 after buying an additional 333 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in shares of Jones Lang LaSalle during the third quarter worth approximately $220,000. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on JLL. JPMorgan Chase & Co. increased their price target on Jones Lang LaSalle from $263.00 to $327.00 and gave the stock an “overweight” rating in a research report on Monday, December 16th. Raymond James increased their target price on Jones Lang LaSalle from $317.00 to $320.00 and gave the stock a “strong-buy” rating in a report on Friday, January 24th. The Goldman Sachs Group began coverage on Jones Lang LaSalle in a report on Friday, December 6th. They issued a “buy” rating and a $352.00 price target for the company. Keefe, Bruyette & Woods upgraded shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $292.00 to $325.00 in a research report on Tuesday, December 10th. Finally, Wolfe Research upgraded shares of Jones Lang LaSalle from a “peer perform” rating to an “outperform” rating and set a $353.00 target price on the stock in a research report on Monday, November 25th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $309.00.

Jones Lang LaSalle Stock Down 2.1 %

Shares of NYSE:JLL opened at $270.91 on Thursday. The company has a 50 day moving average of $264.54 and a 200-day moving average of $261.44. Jones Lang LaSalle Incorporated has a one year low of $169.05 and a one year high of $288.50. The stock has a market cap of $12.85 billion, a price-to-earnings ratio of 27.39 and a beta of 1.36. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.29.

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.