Trillium Asset Management LLC Has $5.43 Million Stake in Jones Lang LaSalle Incorporated (JLL)
Trillium Asset Management LLC lifted its position in Jones Lang LaSalle Incorporated (NYSE:JLL) by 22.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,939 shares of the financial services provider’s stock after buying an additional 7,939 shares during the quarter. Trillium Asset Management LLC owned about 0.10% of Jones Lang LaSalle worth $5,426,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently modified their holdings of the company. Mckinley Capital Management LLC Delaware acquired a new stake in shares of Jones Lang LaSalle in the second quarter worth $105,000. IFP Advisors Inc raised its stake in Jones Lang LaSalle by 0.7% during the 2nd quarter. IFP Advisors Inc now owns 910 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 6 shares during the last quarter. Schroder Investment Management Group raised its stake in Jones Lang LaSalle by 406.9% during the 2nd quarter. Schroder Investment Management Group now owns 1,100 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 883 shares during the last quarter. Shine Investment Advisory Services Inc. acquired a new position in Jones Lang LaSalle during the 2nd quarter valued at $147,000. Finally, Commonwealth Bank of Australia raised its stake in Jones Lang LaSalle by 3.7% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,237 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 90.08% of the company’s stock.
In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of Jones Lang LaSalle stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $123.07, for a total transaction of $123,070.00. Following the completion of the transaction, the director now directly owns 46,417 shares of the company’s stock, valued at $5,712,540.19. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.72% of the company’s stock.
Shares of Jones Lang LaSalle Incorporated (NYSE JLL) traded up $5.47 during mid-day trading on Tuesday, hitting $138.97. 493,717 shares of the stock were exchanged, compared to its average volume of 248,092. The firm has a market cap of $6,052.23, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.52 and a beta of 1.85. Jones Lang LaSalle Incorporated has a 52 week low of $87.56 and a 52 week high of $134.76. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.44.
Jones Lang LaSalle (NYSE:JLL) last released its quarterly earnings data on Monday, November 6th. The financial services provider reported $1.96 EPS for the quarter, topping the Zacks’ consensus estimate of $1.55 by $0.41. Jones Lang LaSalle had a net margin of 4.14% and a return on equity of 12.04%. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same period in the previous year, the business posted $1.42 earnings per share. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. research analysts forecast that Jones Lang LaSalle Incorporated will post 8.01 EPS for the current year.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Wednesday, November 15th. Jones Lang LaSalle’s dividend payout ratio (DPR) is 10.57%.
Several equities analysts recently commented on JLL shares. ValuEngine upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th. Royal Bank Of Canada cut shares of Jones Lang LaSalle from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 target price for the company in a research note on Tuesday, October 3rd. Barclays PLC upped their target price on shares of Jones Lang LaSalle from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, July 18th. Finally, TheStreet upgraded shares of Jones Lang LaSalle from a “c+” rating to a “b-” rating in a research note on Wednesday, August 2nd. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $133.57.
About Jones Lang LaSalle
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.
Receive News & Stock Ratings for Jones Lang LaSalle Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jones Lang LaSalle Incorporated and related stocks with our FREE daily email newsletter.