Alpine Woods Capital Investors LLC continued to hold its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 30,000 shares of the financial services provider’s stock at the end of the second quarter. Alpine Woods Capital Investors LLC’s holdings in Jones Lang LaSalle were worth $3,750,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. IFP Advisors Inc increased its stake in shares of Jones Lang LaSalle by 0.7% in the second quarter. IFP Advisors Inc now owns 910 shares of the financial services provider’s stock valued at $114,000 after buying an additional 6 shares in the last quarter. New Amsterdam Partners LLC NY increased its stake in shares of Jones Lang LaSalle by 0.7% in the second quarter. New Amsterdam Partners LLC NY now owns 3,452 shares of the financial services provider’s stock valued at $432,000 after buying an additional 24 shares in the last quarter. World Asset Management Inc increased its stake in shares of Jones Lang LaSalle by 1.2% in the second quarter. World Asset Management Inc now owns 3,080 shares of the financial services provider’s stock valued at $385,000 after buying an additional 36 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in shares of Jones Lang LaSalle by 5.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 1,172 shares of the financial services provider’s stock valued at $122,000 after buying an additional 58 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Jones Lang LaSalle by 0.9% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,689 shares of the financial services provider’s stock valued at $745,000 after buying an additional 58 shares in the last quarter. Institutional investors and hedge funds own 89.14% of the company’s stock.

Shares of Jones Lang LaSalle Incorporated (NYSE JLL) opened at 122.83 on Tuesday. The firm has a market cap of $5.57 billion, a price-to-earnings ratio of 18.55 and a beta of 1.81. Jones Lang LaSalle Incorporated has a 1-year low of $86.62 and a 1-year high of $134.76. The stock has a 50 day moving average price of $125.82 and a 200-day moving average price of $115.95.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.37. Jones Lang LaSalle had a return on equity of 12.04% and a net margin of 4.14%. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.76 billion. During the same quarter in the previous year, the firm earned $1.93 earnings per share. The business’s quarterly revenue was up 14.4% compared to the same quarter last year. On average, equities research analysts expect that Jones Lang LaSalle Incorporated will post $8.08 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Alpine Woods Capital Investors LLC Has $3,750,000 Position in Jones Lang LaSalle Incorporated (NYSE:JLL)” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://www.watchlistnews.com/alpine-woods-capital-investors-llc-has-3750000-position-in-jones-lang-lasalle-incorporated-nysejll/1490026.html.

Several analysts have recently issued reports on the company. Barclays PLC upped their price objective on Jones Lang LaSalle from $123.00 to $130.00 and gave the company an “overweight” rating in a research report on Friday, June 9th. ValuEngine downgraded Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub downgraded Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. UBS AG assumed coverage on Jones Lang LaSalle in a research report on Wednesday, July 26th. They set a “neutral” rating and a $134.00 target price on the stock. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $120.00 target price on shares of Jones Lang LaSalle in a research report on Friday, June 9th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $133.43.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the business’s stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $125.80, for a total value of $125,800.00. Following the completion of the sale, the director now owns 47,417 shares of the company’s stock, valued at $5,965,058.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.72% of the stock is owned by insiders.

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.

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:JLL).

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

Receive News & 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 companies with Analyst Ratings Network's FREE daily email newsletter.