Parametric Portfolio Associates LLC lifted its position in Jones Lang LaSalle Incorporated (NYSE:JLL) by 17.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,215 shares of the financial services provider’s stock after acquiring an additional 20,398 shares during the quarter. Parametric Portfolio Associates LLC owned 0.30% of Jones Lang LaSalle worth $17,277,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JLL. IFP Advisors Inc lifted its holdings in shares of Jones Lang LaSalle by 0.7% in the 2nd quarter. IFP Advisors Inc now owns 910 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 6 shares during the last quarter. Schroder Investment Management Group lifted its holdings in Jones Lang LaSalle by 406.9% during the 2nd quarter. Schroder Investment Management Group now owns 1,100 shares of the financial services provider’s stock valued at $136,000 after buying an additional 883 shares in the last quarter. Shine Investment Advisory Services Inc. bought a new stake in Jones Lang LaSalle during the 2nd quarter valued at about $147,000. Commonwealth Bank of Australia lifted its holdings in Jones Lang LaSalle by 3.7% during the 2nd quarter. Commonwealth Bank of Australia now owns 1,237 shares of the financial services provider’s stock valued at $154,000 after buying an additional 44 shares in the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. lifted its holdings in Jones Lang LaSalle by 60.0% during the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 1,600 shares of the financial services provider’s stock valued at $178,000 after buying an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $123.07, for a total value of $123,070.00. Following the transaction, the director now directly owns 46,417 shares of the company’s stock, valued at approximately $5,712,540.19. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.72% of the company’s stock.

A number of equities research analysts recently weighed in on JLL shares. Barclays PLC lifted their price objective on shares of Jones Lang LaSalle from $123.00 to $130.00 and gave the company an “overweight” rating in a report on Friday, June 9th. Zacks Investment Research upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $141.00 price objective for the company in a report on Monday, July 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $120.00 price objective on shares of Jones Lang LaSalle in a report on Friday, June 9th. ValuEngine upgraded shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Finally, TheStreet upgraded shares of Jones Lang LaSalle from a “c+” rating to a “b-” rating in a report on Wednesday, August 2nd. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Jones Lang LaSalle currently has a consensus rating of “Buy” and an average price target of $133.57.

Shares of Jones Lang LaSalle Incorporated (NYSE JLL) opened at 128.56 on Friday. Jones Lang LaSalle Incorporated has a one year low of $86.62 and a one year high of $134.76. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 19.41 and a beta of 1.80. The company’s 50-day moving average is $121.82 and its 200-day moving average is $118.69.

Jones Lang LaSalle (NYSE:JLL) last issued its earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $1.76 billion. During the same period in the prior year, the firm posted $1.93 EPS. The business’s revenue was up 14.4% compared to the same quarter last year. On average, equities analysts predict that Jones Lang LaSalle Incorporated will post $8.22 EPS for the current year.

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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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