Brandywine Global Investment Management LLC Sells 2,684 Shares of Jones Lang LaSalle Incorporated (NYSE:JLL)

Brandywine Global Investment Management LLC reduced its stake in Jones Lang LaSalle Incorporated (NYSE:JLLGet Rating) by 5.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,950 shares of the financial services provider’s stock after selling 2,684 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.10% of Jones Lang LaSalle worth $8,035,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Covestor Ltd increased its holdings in shares of Jones Lang LaSalle by 61.3% during the first quarter. Covestor Ltd now owns 150 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 57 shares during the period. Brown Brothers Harriman & Co. bought a new position in shares of Jones Lang LaSalle during the first quarter worth approximately $46,000. Archer Investment Corp bought a new position in shares of Jones Lang LaSalle during the first quarter worth approximately $48,000. Ellevest Inc. increased its holdings in shares of Jones Lang LaSalle by 135.2% during the second quarter. Ellevest Inc. now owns 287 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 165 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of Jones Lang LaSalle by 66.0% during the first quarter. Signaturefd LLC now owns 249 shares of the financial services provider’s stock worth $60,000 after purchasing an additional 99 shares during the period. 95.84% of the stock is owned by institutional investors.

Jones Lang LaSalle Stock Performance

Shares of Jones Lang LaSalle stock opened at $162.52 on Thursday. Jones Lang LaSalle Incorporated has a fifty-two week low of $135.35 and a fifty-two week high of $275.77. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 2.14. The firm has a market capitalization of $7.71 billion, a P/E ratio of 9.13 and a beta of 1.26. The company’s 50 day moving average price is $157.72 and its two-hundred day moving average price is $172.40.

Analysts Set New Price Targets

JLL has been the topic of several recent research reports. StockNews.com cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Thursday, November 3rd. UBS Group reduced their price target on shares of Jones Lang LaSalle from $287.00 to $247.00 and set a “buy” rating on the stock in a research report on Wednesday, September 21st. The Goldman Sachs Group reduced their price target on shares of Jones Lang LaSalle from $193.00 to $171.00 and set a “sell” rating on the stock in a research report on Wednesday, October 19th. Finally, Raymond James reduced their price target on shares of Jones Lang LaSalle from $267.00 to $243.00 and set an “outperform” rating on the stock in a research report on Thursday, November 3rd. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Jones Lang LaSalle has an average rating of “Moderate Buy” and an average price target of $249.00.

Jones Lang LaSalle Profile

(Get Rating)

Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services.

Recommended Stories

Want to see what other hedge funds are holding JLL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jones Lang LaSalle Incorporated (NYSE:JLLGet Rating).

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

Receive News & Ratings for Jones Lang LaSalle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jones Lang LaSalle and related companies with MarketBeat.com's FREE daily email newsletter.