Boston Trust Walden Corp Has $81.70 Million Stock Holdings in Jones Lang LaSalle Incorporated $JLL

Boston Trust Walden Corp decreased its position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 268,483 shares of the financial services provider’s stock after selling 7,740 shares during the quarter. Boston Trust Walden Corp’s holdings in Jones Lang LaSalle were worth $81,705,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sunbelt Securities Inc. purchased a new stake in shares of Jones Lang LaSalle in the third quarter worth approximately $25,000. International Assets Investment Management LLC bought a new stake in Jones Lang LaSalle in the 4th quarter valued at about $29,000. Activest Wealth Management lifted its stake in shares of Jones Lang LaSalle by 1,720.0% during the 4th quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock valued at $31,000 after buying an additional 86 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Jones Lang LaSalle during the fourth quarter worth $35,000. Finally, True Wealth Design LLC lifted its holdings in Jones Lang LaSalle by 13,200.0% during the 4th quarter. True Wealth Design LLC now owns 133 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 132 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Jones Lang LaSalle Price Performance

Shares of NYSE JLL opened at $327.58 on Friday. Jones Lang LaSalle Incorporated has a fifty-two week low of $246.07 and a fifty-two week high of $363.06. The company has a market capitalization of $15.20 billion, a price-to-earnings ratio of 17.61 and a beta of 1.27. The company has a 50 day simple moving average of $306.53 and a two-hundred day simple moving average of $318.70. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.35 and a current ratio of 2.35.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.42. Jones Lang LaSalle had a return on equity of 13.01% and a net margin of 3.35%.The firm had revenue of $6.39 billion during the quarter, compared to analyst estimates of $6 billion. During the same quarter in the previous year, the firm earned $2.31 EPS. Jones Lang LaSalle’s quarterly revenue was up 11.1% compared to the same quarter last year. Analysts expect that Jones Lang LaSalle Incorporated will post 22.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on JLL shares. UBS Group raised their price target on shares of Jones Lang LaSalle from $425.00 to $445.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Barclays upped their target price on Jones Lang LaSalle from $348.00 to $366.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 13th. Zacks Research raised Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 24th. Finally, Weiss Ratings lowered shares of Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $394.00.

Insiders Place Their Bets

In other news, Director Larry Quinlan sold 402 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $301.73, for a total transaction of $121,295.46. Following the transaction, the director directly owned 4,369 shares of the company’s stock, valued at $1,318,258.37. This represents a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.91% of the company’s stock.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.

Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.