GSA Capital Partners LLP grew its holdings in Jones Lang LaSalle Inc (NYSE:JLL) by 14.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,369 shares of the financial services provider’s stock after purchasing an additional 664 shares during the period. GSA Capital Partners LLP’s holdings in Jones Lang LaSalle were worth $663,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Janus Henderson Group PLC grew its stake in shares of 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 valued at $80,206,000 after buying an additional 637,233 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Jones Lang LaSalle by 8,404.7% in the second quarter. Franklin Resources Inc. now owns 442,242 shares of the financial services provider’s stock valued at $55,280,000 after buying an additional 437,042 shares in the last quarter. Platinum Investment Management Ltd. grew its stake in shares of 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 valued at $79,326,000 after buying an additional 330,913 shares in the last quarter. Atlanta Capital Management Co. L L C grew its stake in shares of 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 valued at $183,497,000 after buying an additional 229,831 shares in the last quarter. Finally, New York State Common Retirement Fund grew its stake in shares of Jones Lang LaSalle by 40.3% in the second quarter. New York State Common Retirement Fund now owns 594,838 shares of the financial services provider’s stock valued at $74,355,000 after buying an additional 170,818 shares in the last quarter. Institutional investors own 90.58% of the company’s stock.

Jones Lang LaSalle Inc (NYSE JLL) opened at $148.93 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.35. Jones Lang LaSalle Inc has a 52-week low of $97.60 and a 52-week high of $155.25. The company has a market cap of $6,756.36, a price-to-earnings ratio of 18.21, a price-to-earnings-growth ratio of 1.61 and a beta of 1.91.

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 4.52% and a return on equity of 12.55%. 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. equities analysts predict that Jones Lang LaSalle Inc will post 8.41 EPS for the current year.

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

In other Jones Lang LaSalle news, Director Martin H. Nesbitt sold 6,701 shares of Jones Lang LaSalle stock in a transaction on Monday, December 11th. The shares were sold at an average price of $149.32, for a total transaction of $1,000,593.32. Following the completion of the transaction, the director now directly owns 35 shares of the company’s stock, valued at $5,226.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jeff A. Jacobson sold 6,713 shares of Jones Lang LaSalle stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $147.42, for a total transaction of $989,630.46. Following the transaction, the chief executive officer now directly owns 4,489 shares of the company’s stock, valued at $661,768.38. The disclosure for this sale can be found here. Insiders own 0.72% of the company’s stock.

Several research firms recently weighed in on JLL. Zacks Investment Research raised 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. ValuEngine raised shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Wednesday, October 11th. Finally, 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. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $133.57.

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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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