Principal Financial Group Inc. increased its stake in Jones Lang LaSalle Incorporated (NYSE:JLL) by 2.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 194,477 shares of the financial services provider’s stock after acquiring an additional 4,134 shares during the period. Principal Financial Group Inc. owned about 0.43% of Jones Lang LaSalle worth $24,018,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in JLL. Vanguard Group Inc. increased its position in shares of Jones Lang LaSalle by 2.4% during the second quarter. Vanguard Group Inc. now owns 3,800,003 shares of the financial services provider’s stock valued at $475,000,000 after buying an additional 89,697 shares during the period. Atlanta Capital Management Co. L L C grew its holdings in Jones Lang LaSalle by 18.6% in the second quarter. Atlanta Capital Management Co. L L C now owns 1,467,979 shares of the financial services provider’s stock worth $183,497,000 after purchasing an additional 229,831 shares during the period. Janus Henderson Group PLC grew its holdings in Jones Lang LaSalle by 14,443.2% in the second quarter. Janus Henderson Group PLC now owns 641,645 shares of the financial services provider’s stock worth $80,206,000 after purchasing an additional 637,233 shares during the period. Platinum Investment Management Ltd. grew its holdings in Jones Lang LaSalle by 109.0% in the second quarter. Platinum Investment Management Ltd. now owns 634,613 shares of the financial services provider’s stock worth $79,326,000 after purchasing an additional 330,913 shares during the period. Finally, William Blair Investment Management LLC grew its holdings in Jones Lang LaSalle by 4.4% in the second quarter. William Blair Investment Management LLC now owns 605,765 shares of the financial services provider’s stock worth $75,721,000 after purchasing an additional 25,387 shares during the period. Institutional investors own 91.14% of the company’s stock.

A number of equities research analysts have weighed in on JLL shares. ValuEngine upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report 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 report 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 price target on the stock in a report on Tuesday, October 3rd. BidaskClub cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $132.00 price target on shares of Jones Lang LaSalle in a report on Thursday, August 3rd. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $133.57.

Jones Lang LaSalle Incorporated (NYSE:JLL) opened at $150.23 on Wednesday. The firm has a market cap of $6,827.65, a price-to-earnings ratio of 18.40, a P/E/G ratio of 1.66 and a beta of 1.85. Jones Lang LaSalle Incorporated has a 52 week low of $97.60 and a 52 week high of $155.25. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.60 and a current ratio of 1.60.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings data on Monday, November 6th. The financial services provider reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.41. Jones Lang LaSalle had a net margin of 4.52% and a return on equity of 12.55%. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same period last year, the company posted $1.42 EPS. The business’s revenue was up 14.2% on a year-over-year basis. equities analysts predict that Jones Lang LaSalle Incorporated will post 8.23 EPS for the current fiscal year.

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 16th will be paid a $0.37 dividend. This is a boost from Jones Lang LaSalle’s previous Semi-Annual dividend of $0.35. This represents a dividend yield of 0.52%. The ex-dividend date is Wednesday, November 15th. Jones Lang LaSalle’s dividend payout ratio (DPR) is presently 9.92%.

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In other Jones Lang LaSalle news, CEO Jeff A. Jacobson sold 6,713 shares of Jones Lang LaSalle stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $147.42, for a total value of $989,630.46. Following the completion of the transaction, the chief executive officer now directly owns 4,489 shares of the company’s stock, valued at approximately $661,768.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company 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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