Kiwi Wealth Investments Limited Partnership increased its holdings in Jones Lang LaSalle Inc (NYSE:JLL) by 6.9% during the fourth quarter, HoldingsChannel reports. The firm owned 18,802 shares of the financial services provider’s stock after acquiring an additional 1,216 shares during the quarter. Kiwi Wealth Investments Limited Partnership’s holdings in Jones Lang LaSalle were worth $2,380,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JLL. Oregon Public Employees Retirement Fund raised its holdings in shares of Jones Lang LaSalle by 15,162.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 6,344,812 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 6,303,240 shares in the last quarter. Vanguard Group Inc raised its holdings in shares of Jones Lang LaSalle by 6.6% during the 3rd quarter. Vanguard Group Inc now owns 6,964,895 shares of the financial services provider’s stock worth $1,005,173,000 after acquiring an additional 432,487 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Jones Lang LaSalle by 6.6% during the 3rd quarter. Vanguard Group Inc. now owns 6,964,895 shares of the financial services provider’s stock worth $1,005,173,000 after acquiring an additional 432,487 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of Jones Lang LaSalle by 136.5% during the 4th quarter. Van ECK Associates Corp now owns 327,888 shares of the financial services provider’s stock worth $41,511,000 after acquiring an additional 189,218 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Jones Lang LaSalle by 55.9% during the 3rd quarter. FMR LLC now owns 496,364 shares of the financial services provider’s stock worth $71,635,000 after acquiring an additional 177,922 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on JLL. Bank of America reaffirmed an “underperform” rating and set a $150.00 price objective (up from $133.00) on shares of Jones Lang LaSalle in a report on Wednesday, February 13th. ValuEngine raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Wednesday, February 13th. Barclays reaffirmed a “buy” rating and set a $184.00 price objective on shares of Jones Lang LaSalle in a report on Tuesday, February 26th. JMP Securities reaffirmed a “hold” rating on shares of Jones Lang LaSalle in a report on Sunday, February 17th. Finally, William Blair reaffirmed an “outperform” rating on shares of Jones Lang LaSalle in a report on Tuesday, February 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Jones Lang LaSalle has an average rating of “Hold” and an average price target of $175.67.

Shares of NYSE JLL traded up $0.49 during trading hours on Thursday, hitting $162.13. 31,440 shares of the company traded hands, compared to its average volume of 330,691. The company has a market cap of $7.38 billion, a P/E ratio of 13.24, a P/E/G ratio of 1.58 and a beta of 1.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.60 and a current ratio of 1.65. Jones Lang LaSalle Inc has a 12 month low of $119.79 and a 12 month high of $178.75.

Jones Lang LaSalle (NYSE:JLL) last released its earnings results on Tuesday, February 12th. The financial services provider reported $5.99 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.74 by $1.25. The firm had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.70 billion. Jones Lang LaSalle had a return on equity of 15.80% and a net margin of 2.97%. The company’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.92 EPS. As a group, equities analysts predict that Jones Lang LaSalle Inc will post 11.34 EPS for the current year.

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Jones Lang LaSalle Profile

Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency leasing, project and development management/construction, capital markets, property management, corporate finance, real estate investment banking/merchant banking, energy and sustainability, research, facility management outsourcing, strategic consulting, technology solutions, advisory, investment management, tenant representation, lease administration, transaction management, logistics and supply-chain management, valuations, and mortgage origination and servicing.

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Institutional Ownership by Quarter for Jones Lang LaSalle (NYSE:JLL)

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