G&S Capital LLC Buys 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% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,808 shares of the financial services provider’s stock after buying an additional 304 shares during the quarter. G&S Capital LLC’s holdings in Jones Lang LaSalle were worth $2,483,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

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

Jones Lang LaSalle Price Performance

Shares of JLL opened at $270.91 on Thursday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. Jones Lang LaSalle Incorporated has a twelve month low of $169.05 and a twelve month high of $288.50. The stock has a market capitalization of $12.85 billion, a P/E ratio of 27.39 and a beta of 1.36. The company has a 50 day moving average of $264.54 and a 200-day moving average of $261.44.

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.