Wilmington Savings Fund Society FSB Has $331,000 Stock Holdings in Jones Lang LaSalle Incorporated (NYSE:JLL)

Wilmington Savings Fund Society FSB increased its holdings in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 142.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,309 shares of the financial services provider’s stock after acquiring an additional 768 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Jones Lang LaSalle were worth $331,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Jones Lang LaSalle during the 3rd quarter valued at about $34,000. R Squared Ltd bought a new stake in shares of Jones Lang LaSalle in the fourth quarter worth about $35,000. UMB Bank n.a. raised its holdings in Jones Lang LaSalle by 350.0% during 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 during the period. V Square Quantitative Management LLC bought a new stake in shares of Jones Lang LaSalle during the third quarter worth $37,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Jones Lang LaSalle by 35.7% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 194 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 51 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Jones Lang LaSalle Stock Down 0.8 %

NYSE JLL opened at $277.31 on Wednesday. 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 Incorporated has a fifty-two week low of $169.05 and a fifty-two week high of $288.50. The stock has a market capitalization of $13.16 billion, a PE ratio of 28.04 and a beta of 1.36. The business has a fifty day moving average price of $264.66 and a two-hundred day moving average price of $261.37.

Wall Street Analyst Weigh In

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

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.