Sei Investments Co. boosted its holdings in Jones Lang LaSalle Incorporated (NYSE:JLL) by 31.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,364 shares of the financial services provider’s stock after acquiring an additional 4,907 shares during the quarter. Sei Investments Co.’s holdings in Jones Lang LaSalle were worth $2,516,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in JLL. AQR Capital Management LLC increased its stake in Jones Lang LaSalle by 41.6% in the 1st quarter. AQR Capital Management LLC now owns 10,957 shares of the financial services provider’s stock worth $1,221,000 after acquiring an additional 3,221 shares during the last quarter. US Bancorp DE increased its position in shares of Jones Lang LaSalle by 2.5% during the 2nd quarter. US Bancorp DE now owns 7,389 shares of the financial services provider’s stock valued at $924,000 after purchasing an additional 179 shares during the last quarter. NGAM Advisors L.P. increased its position in shares of Jones Lang LaSalle by 42.0% during the 2nd quarter. NGAM Advisors L.P. now owns 16,174 shares of the financial services provider’s stock valued at $2,021,000 after purchasing an additional 4,781 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Jones Lang LaSalle by 0.7% during the 2nd quarter. Great West Life Assurance Co. Can now owns 36,507 shares of the financial services provider’s stock valued at $4,561,000 after purchasing an additional 252 shares during the last quarter. Finally, World Asset Management Inc increased its position in shares of Jones Lang LaSalle by 1.2% during the 2nd quarter. World Asset Management Inc now owns 3,080 shares of the financial services provider’s stock valued at $385,000 after purchasing an additional 36 shares during the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

JLL has been the topic of several recent research reports. ValuEngine upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research report on Wednesday, October 11th. Zacks Investment Research upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 price objective on the stock in a research report on Tuesday, October 3rd. Finally, Royal Bank Of Canada lowered Jones Lang LaSalle from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 12th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Jones Lang LaSalle presently has an average rating of “Buy” and a consensus target price of $133.57.

In related news, CEO Jeff A. Jacobson sold 6,713 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $147.42, for a total transaction of $989,630.46. Following the completion of the sale, the chief executive officer now directly owns 4,489 shares in the company, valued at approximately $661,768.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.72% of the company’s stock.

Shares of Jones Lang LaSalle Incorporated (NYSE JLL) traded down $0.43 during trading on Friday, hitting $152.06. The stock had a trading volume of 238,346 shares, compared to its average volume of 375,399. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market cap of $6,917.93, a price-to-earnings ratio of 18.64, a PEG ratio of 1.68 and a beta of 1.90. Jones Lang LaSalle Incorporated has a 12-month low of $97.60 and a 12-month high of $155.25.

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

The business also recently announced a Semi-Annual dividend, which will be paid on Friday, December 15th. Investors of record on Thursday, November 16th will be issued a dividend of $0.37 per share. The ex-dividend date is Wednesday, November 15th. This is a boost from Jones Lang LaSalle’s previous Semi-Annual dividend of $0.35. This represents a yield of 0.52%. Jones Lang LaSalle’s dividend payout ratio is currently 9.92%.

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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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