Epoch Investment Partners Inc. Acquires 1,305 Shares of Jones Lang LaSalle Inc (JLL)

Epoch Investment Partners Inc. grew its holdings in Jones Lang LaSalle Inc (NYSE:JLL) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 80,007 shares of the financial services provider’s stock after buying an additional 1,305 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Jones Lang LaSalle were worth $10,129,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Point72 Asset Management L.P. acquired a new stake in shares of Jones Lang LaSalle during the 3rd quarter worth about $693,000. Rehmann Capital Advisory Group increased its position in shares of Jones Lang LaSalle by 14,331.8% during the 3rd quarter. Rehmann Capital Advisory Group now owns 31,317 shares of the financial services provider’s stock worth $217,000 after purchasing an additional 31,100 shares in the last quarter. Bank of Montreal Can increased its position in shares of Jones Lang LaSalle by 47.9% during the 4th quarter. Bank of Montreal Can now owns 52,180 shares of the financial services provider’s stock worth $6,606,000 after purchasing an additional 16,892 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in shares of Jones Lang LaSalle during the 3rd quarter worth about $5,513,000. Finally, Standard Life Aberdeen plc increased its position in shares of Jones Lang LaSalle by 11.0% during the 3rd quarter. Standard Life Aberdeen plc now owns 190,390 shares of the financial services provider’s stock worth $27,482,000 after purchasing an additional 18,924 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Shares of NYSE:JLL opened at $161.73 on Friday. Jones Lang LaSalle Inc has a 12 month low of $119.79 and a 12 month high of $178.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.60 and a current ratio of 1.65. The stock has a market cap of $7.38 billion, a price-to-earnings ratio of 13.20, a P/E/G ratio of 1.58 and a beta of 1.69.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings data on Tuesday, February 12th. The financial services provider reported $5.99 EPS for the quarter, topping analysts’ consensus estimates of $4.74 by $1.25. Jones Lang LaSalle had a net margin of 2.97% and a return on equity of 15.80%. The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the prior year, the firm earned $4.92 EPS. The company’s revenue was up 13.1% on a year-over-year basis. Analysts expect that Jones Lang LaSalle Inc will post 11.34 earnings per share for the current fiscal year.

A number of equities research analysts recently issued reports on the stock. Barclays reiterated a “buy” rating and set a $184.00 target price on shares of Jones Lang LaSalle in a research report on Tuesday, February 26th. ValuEngine cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. JMP Securities reiterated a “hold” rating on shares of Jones Lang LaSalle in a research report on Sunday, February 17th. William Blair reiterated an “outperform” rating on shares of Jones Lang LaSalle in a research report on Tuesday, February 12th. Finally, Raymond James increased their target price on shares of Jones Lang LaSalle from $178.00 to $188.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Jones Lang LaSalle currently has an average rating of “Hold” and an average target price of $175.67.

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Jones Lang LaSalle Company 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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