Basswood Capital Management L.L.C. Buys 5,391 Shares of Jones Lang LaSalle Incorporated $JLL

by · The Markets Daily

Basswood Capital Management L.L.C. lifted its stake in Jones Lang LaSalle Incorporated (NYSE:JLLFree Report) by 56.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,864 shares of the financial services provider’s stock after acquiring an additional 5,391 shares during the period. Basswood Capital Management L.L.C.’s holdings in Jones Lang LaSalle were worth $5,001,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in JLL. Sunbelt Securities Inc. bought a new position in shares of Jones Lang LaSalle in the 3rd quarter worth $25,000. International Assets Investment Management LLC bought a new position in shares of Jones Lang LaSalle in the 4th quarter worth $29,000. Activest Wealth Management raised its position in shares of Jones Lang LaSalle by 1,720.0% in the 4th quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 86 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Jones Lang LaSalle in the 4th quarter worth $35,000. Finally, True Wealth Design LLC raised its position in shares of Jones Lang LaSalle by 13,200.0% in the 4th quarter. True Wealth Design LLC now owns 133 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 132 shares in the last quarter. 94.80% of the stock is owned by institutional investors.

Jones Lang LaSalle Trading Up 0.5%

Shares of NYSE:JLL opened at $299.31 on Friday. The business’s 50-day moving average is $311.99 and its 200 day moving average is $320.95. Jones Lang LaSalle Incorporated has a 1 year low of $233.14 and a 1 year high of $363.06. The firm has a market capitalization of $13.88 billion, a P/E ratio of 16.09 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.35 and a quick ratio of 2.35.

Jones Lang LaSalle (NYSE:JLLGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $3.43 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.42. The business had revenue of $6.39 billion for the quarter, compared to the consensus estimate of $6 billion. Jones Lang LaSalle had a return on equity of 13.01% and a net margin of 3.35%.The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.31 EPS. On average, research analysts predict that Jones Lang LaSalle Incorporated will post 22.8 earnings per share for the current fiscal year.

Jones Lang LaSalle News Roundup

Here are the key news stories impacting Jones Lang LaSalle this week:

  • Positive Sentiment: Zacks Research slightly raised near-term earnings estimates for JLL, including Q1 2027 and Q2 2027, while also lifting its Q1 2028 forecast, suggesting analysts see steadier earnings momentum ahead. Article Title
  • Positive Sentiment: Wall Street-focused coverage highlighted JLL as a potential momentum name and pointed to consensus price target upside of about 33.6%, which can attract buyers looking for valuation recovery and continued earnings growth. Article Title
  • Positive Sentiment: Another Zacks note described Jones Lang LaSalle as a top momentum stock for the long term, reinforcing the bullish narrative around the company’s fundamentals and market momentum. Article Title
  • Neutral Sentiment: Some longer-term earnings estimates were only modestly adjusted, including a small cut to FY2027 and FY2028 EPS forecasts, so the analyst moves were mixed rather than uniformly bullish. Article Title
  • Negative Sentiment: Despite the positive coverage, Zacks kept a Hold rating on JLL, which may limit enthusiasm and suggests analysts are not yet calling for a strong breakout. Article Title

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JLL. UBS Group upped their target price on Jones Lang LaSalle from $425.00 to $445.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Barclays upped their target price on Jones Lang LaSalle from $348.00 to $366.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. Weiss Ratings lowered Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 28th. Keefe, Bruyette & Woods reduced their target price on Jones Lang LaSalle from $405.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Finally, Zacks Research lowered Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $394.00.

Get Our Latest Stock Analysis on Jones Lang LaSalle

Insider Activity

In other Jones Lang LaSalle news, Director Larry Quinlan sold 403 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $295.14, for a total transaction of $118,941.42. Following the sale, the director owned 4,771 shares in the company, valued at approximately $1,408,112.94. The trade was a 7.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Bloxam sold 5,440 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $296.94, for a total value of $1,615,353.60. The disclosure for this sale is available in the SEC filing. 0.91% of the stock is currently owned by insiders.

Jones Lang LaSalle Company Profile

(Free Report)

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.

Featured Stories

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