Guggenheim Capital LLC cut its position in shares of JLL (NYSE:JLL) by 70.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,556 shares of the financial services provider’s stock after selling 13,040 shares during the period. Guggenheim Capital LLC’s holdings in JLL were worth $826,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. BB&T Corp increased its position in shares of JLL by 11.3% during the fourth quarter. BB&T Corp now owns 3,857 shares of the financial services provider’s stock valued at $574,000 after acquiring an additional 391 shares during the last quarter. Amalgamated Bank increased its position in shares of JLL by 6.0% during the fourth quarter. Amalgamated Bank now owns 9,128 shares of the financial services provider’s stock valued at $1,359,000 after acquiring an additional 515 shares during the last quarter. ETRADE Capital Management LLC increased its position in shares of JLL by 6.4% during the fourth quarter. ETRADE Capital Management LLC now owns 8,937 shares of the financial services provider’s stock valued at $1,331,000 after acquiring an additional 540 shares during the last quarter. Swiss National Bank increased its position in shares of JLL by 0.4% during the fourth quarter. Swiss National Bank now owns 167,100 shares of the financial services provider’s stock valued at $24,886,000 after acquiring an additional 600 shares during the last quarter. Finally, Mutual of America Capital Management LLC increased its position in shares of JLL by 1.8% during the fourth quarter. Mutual of America Capital Management LLC now owns 37,227 shares of the financial services provider’s stock valued at $5,544,000 after acquiring an additional 656 shares during the last quarter. 92.53% of the stock is currently owned by institutional investors.

Shares of JLL stock opened at $169.06 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $7,690.15, a P/E ratio of 18.46, a price-to-earnings-growth ratio of 1.53 and a beta of 1.65. JLL has a fifty-two week low of $110.15 and a fifty-two week high of $178.75.

JLL (NYSE:JLL) last announced its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $4.92 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.70. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.29 billion. JLL had a net margin of 3.20% and a return on equity of 13.55%. The business’s quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.95 earnings per share. research analysts predict that JLL will post 10.01 EPS for the current year.

JLL has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of JLL from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research cut shares of JLL from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 9th. William Blair reiterated an “outperform” rating on shares of JLL in a research report on Friday, February 2nd. Barclays lifted their price target on shares of JLL from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Tuesday, January 30th. Finally, Raymond James initiated coverage on shares of JLL in a research report on Tuesday, February 6th. They set an “outperform” rating and a $175.00 price target for the company. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $160.90.

In related news, EVP Mark Ohringer sold 5,000 shares of JLL stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $160.13, for a total value of $800,650.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.72% of the company’s stock.

JLL 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.

Institutional Ownership by Quarter for JLL (NYSE:JLL)

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