Dynamic Technology Lab Private Ltd purchased a new stake in Jones Lang LaSalle Incorporated (NYSE:JLL) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 8,378 shares of the financial services provider’s stock, valued at approximately $1,035,000.

Other institutional investors also recently added to or reduced their stakes in the company. Teachers Advisors LLC increased its stake in Jones Lang LaSalle by 6.1% during the 1st quarter. Teachers Advisors LLC now owns 64,090 shares of the financial services provider’s stock worth $7,143,000 after buying an additional 3,657 shares during the period. AQR Capital Management LLC increased its stake in Jones Lang LaSalle by 41.6% during the 1st quarter. AQR Capital Management LLC now owns 10,957 shares of the financial services provider’s stock worth $1,221,000 after buying an additional 3,221 shares during the period. Capstone Asset Management Co. increased its stake in Jones Lang LaSalle by 7.6% during the 2nd quarter. Capstone Asset Management Co. now owns 5,501 shares of the financial services provider’s stock worth $688,000 after buying an additional 390 shares during the period. Chevy Chase Trust Holdings Inc. purchased a new stake in Jones Lang LaSalle during the 2nd quarter worth approximately $1,068,000. Finally, Mn Services Vermogensbeheer B.V. increased its stake in Jones Lang LaSalle by 523.8% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 7,311 shares of the financial services provider’s stock worth $914,000 after buying an additional 6,139 shares during the period. 91.14% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Jeff A. Jacobson sold 6,713 shares of the stock in a transaction dated 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 owns 4,489 shares in the company, valued at approximately $661,768.38. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.72% of the company’s stock.

Shares of Jones Lang LaSalle Incorporated (NYSE JLL) traded down $0.27 during trading on Wednesday, reaching $150.23. 556,200 shares of the company’s stock were exchanged, compared to its average volume of 295,072. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.60 and a current ratio of 1.60. The stock has a market cap of $6,827.65, a P/E 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.

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

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

Several research firms have commented on JLL. BidaskClub cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 31st. UBS AG assumed coverage on shares of Jones Lang LaSalle in a report on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 target price for the company. TheStreet upgraded shares of Jones Lang LaSalle from a “c+” rating to a “b-” rating in a report on Wednesday, August 2nd. Keefe, Bruyette & Woods restated a “hold” rating and issued a $132.00 target price on shares of Jones Lang LaSalle in a report on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 price target for the company in a research note on Tuesday, October 3rd. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $133.57.

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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.

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

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