Boston Partners Makes New $12.19 Million Investment in Jones Lang LaSalle Incorporated $JLL

Core Insights - Boston Partners acquired a new position in Jones Lang LaSalle, purchasing 47,633 shares valued at approximately $12.19 million, representing 0.10% ownership at the end of the last quarter [2] - Several institutional investors have adjusted their positions in Jones Lang LaSalle, with notable increases from Jefferies Financial Group (635.5% increase) and American Century Companies (19.4% increase) [3] - The stock performance of Jones Lang LaSalle shows a market cap of $15.35 billion, a P/E ratio of 27.97, and a beta of 1.46, with a 52-week range between $194.36 and $335.83 [4] Financial Performance - Jones Lang LaSalle reported earnings per share of $4.50 for the last quarter, exceeding analysts' expectations of $4.24, with a year-over-year revenue increase of 10.9% to $6.51 billion [5] - The company has a return on equity of 10.63% and a net margin of 2.28% [5] Insider Transactions - CEO Christian Ulbrich sold 5,000 shares at an average price of $330.33, totaling approximately $1.65 million, resulting in a 3.46% decrease in his position [6] Analyst Ratings - Goldman Sachs raised its price target for Jones Lang LaSalle from $361.00 to $407.00, maintaining a "buy" rating, while other analysts have also adjusted their ratings, with a consensus rating of "Moderate Buy" and an average target price of $340.67 [7] Company Overview - Jones Lang LaSalle operates as a commercial real estate and investment management company, involved in various property sectors across multiple regions including the Americas, Europe, the Middle East, Africa, and Asia Pacific [9]