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

Wilmington Savings Fund Society FSB grew its position in Jones Lang LaSalle Incorporated (NYSE:JLL) by 142.0% in the fourth quarter, according to its most recent filing with the SEC. The fund 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 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truist Financial Corp boosted its stake in shares of Jones Lang LaSalle by 58.9% during the second quarter. Truist Financial Corp now owns 4,482 shares of the financial services provider’s stock valued at $920,000 after purchasing an additional 1,661 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Jones Lang LaSalle during the 2nd quarter worth approximately $484,000. CWM LLC grew its holdings in Jones Lang LaSalle by 4.0% during the 3rd quarter. CWM LLC now owns 1,597 shares of the financial services provider’s stock worth $431,000 after acquiring an additional 62 shares during the last quarter. UMB Bank n.a. increased its position in 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 valued at $36,000 after acquiring an additional 105 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in shares of Jones Lang LaSalle during the third quarter worth $568,000. Institutional investors own 94.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on JLL shares. JPMorgan Chase & Co. raised their target price 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. The Goldman Sachs Group initiated coverage on Jones Lang LaSalle in a research note on Friday, December 6th. They issued a “buy” rating and a $352.00 price objective 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 target price for the company in a research report on Monday, November 25th. Raymond James upped 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 note on Friday, January 24th. Finally, Keefe, Bruyette & Woods raised shares of Jones Lang LaSalle from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $292.00 to $325.00 in a research note on Tuesday, December 10th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $309.00.

Jones Lang LaSalle Stock Down 0.8 %

Shares of NYSE:JLL opened at $277.31 on Wednesday. The firm has a market cap of $13.16 billion, a P/E ratio of 28.04 and a beta of 1.36. Jones Lang LaSalle Incorporated has a 52-week low of $169.05 and a 52-week high of $288.50. The business’s 50 day simple moving average is $264.66 and its two-hundred day simple moving average is $261.37. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.29 and a current ratio of 2.29.

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.