Clinton Group Inc. bought a new position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,791 shares of the financial services provider’s stock, valued at approximately $224,000.

Other large investors also recently bought and sold shares of the company. IFP Advisors Inc increased its holdings in shares of Jones Lang LaSalle by 0.7% in the second quarter. IFP Advisors Inc now owns 910 shares of the financial services provider’s stock worth $114,000 after purchasing an additional 6 shares during the period. New Amsterdam Partners LLC NY increased its holdings in shares of Jones Lang LaSalle by 0.7% in the second quarter. New Amsterdam Partners LLC NY now owns 3,452 shares of the financial services provider’s stock worth $432,000 after purchasing an additional 24 shares during the period. World Asset Management Inc increased its holdings in shares of Jones Lang LaSalle by 1.2% in the second quarter. World Asset Management Inc now owns 3,080 shares of the financial services provider’s stock worth $385,000 after purchasing an additional 36 shares during the period. Commonwealth Bank of Australia increased its holdings in shares of Jones Lang LaSalle by 3.7% in the second quarter. Commonwealth Bank of Australia now owns 1,237 shares of the financial services provider’s stock worth $154,000 after purchasing an additional 44 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of Jones Lang LaSalle by 1.5% in the first quarter. Nomura Asset Management Co. Ltd. now owns 5,940 shares of the financial services provider’s stock worth $662,000 after purchasing an additional 90 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock.

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Several research analysts have recently weighed in on the stock. BidaskClub cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 31st. UBS AG assumed coverage on shares of Jones Lang LaSalle in a report on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 price target on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $132.00 price target on shares of Jones Lang LaSalle in a report on Thursday, August 3rd. TheStreet raised shares of Jones Lang LaSalle from a “c+” rating to a “b-” rating in a report on Wednesday, August 2nd. Finally, ValuEngine raised shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $133.57.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $123.07, for a total value of $123,070.00. Following the sale, the director now owns 46,417 shares in the company, valued at approximately $5,712,540.19. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.72% of the stock is owned by insiders.

Jones Lang LaSalle Incorporated (JLL) opened at 130.86 on Wednesday. The company has a market cap of $5.93 billion, a PE ratio of 19.76 and a beta of 1.80. The stock has a 50 day moving average of $122.83 and a 200 day moving average of $119.31. Jones Lang LaSalle Incorporated has a 12-month low of $86.62 and a 12-month high of $134.76.

Jones Lang LaSalle (NYSE:JLL) last released its earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.37. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Jones Lang LaSalle had a net margin of 4.14% and a return on equity of 12.04%. Jones Lang LaSalle’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.93 EPS. Equities analysts expect that Jones Lang LaSalle Incorporated will post $8.22 earnings per share for the current year.

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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