Oregon Public Employees Retirement Fund lowered its position in Jones Lang LaSalle Incorporated (NYSE:JLL) by 53.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,577 shares of the financial services provider’s stock after selling 18,722 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Jones Lang LaSalle were worth $2,072,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Mn Services Vermogensbeheer B.V. increased its stake in Jones Lang LaSalle by 5.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 1,172 shares of the financial services provider’s stock worth $122,000 after buying an additional 58 shares in the last quarter. Nationwide Fund Advisors increased its stake in Jones Lang LaSalle by 4.1% in the first quarter. Nationwide Fund Advisors now owns 78,282 shares of the financial services provider’s stock worth $8,725,000 after buying an additional 3,093 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in Jones Lang LaSalle by 1.8% in the first quarter. Louisiana State Employees Retirement System now owns 11,400 shares of the financial services provider’s stock worth $1,271,000 after buying an additional 200 shares in the last quarter. Capstone Asset Management Co. increased its stake in Jones Lang LaSalle by 9.0% in the first quarter. Capstone Asset Management Co. now owns 5,111 shares of the financial services provider’s stock worth $570,000 after buying an additional 420 shares in the last quarter. Finally, First National Bank of Omaha bought a new position in shares of Jones Lang LaSalle during the first quarter worth approximately $3,060,000. 88.66% of the stock is owned by institutional investors.

Jones Lang LaSalle Incorporated (JLL) traded down 0.10% on Monday, reaching $124.96. The company’s stock had a trading volume of 120,405 shares. The firm has a market cap of $5.66 billion, a PE ratio of 18.87 and a beta of 1.81. The stock’s 50 day moving average price is $124.63 and its 200 day moving average price is $114.55. Jones Lang LaSalle Incorporated has a 52-week low of $86.62 and a 52-week high of $134.76.

Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.37. Jones Lang LaSalle had a return on equity of 12.04% and a net margin of 4.14%. The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.76 billion. During the same quarter last year, the firm posted $1.93 EPS. The company’s revenue was up 14.4% compared to the same quarter last year. Equities research analysts expect that Jones Lang LaSalle Incorporated will post $8.05 earnings per share for the current fiscal year.

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A number of research analysts recently commented on the company. Keefe, Bruyette & Woods restated a “hold” rating and issued a $132.00 price target on shares of Jones Lang LaSalle in a research report on Thursday. BidaskClub cut Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. ValuEngine cut Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded Jones Lang LaSalle from a “sell” rating to a “hold” rating in a research report on Monday, June 19th. Finally, UBS AG assumed coverage on Jones Lang LaSalle in a research report on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $133.43.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the firm’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $120.00, for a total value of $120,000.00. Following the sale, the director now owns 48,342 shares of the company’s stock, valued at approximately $5,801,040. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 3,000 shares of company stock worth $361,240. Insiders own 0.72% of the company’s stock.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services company specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients.

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

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