Versor Investments LP Has $804,000 Holdings in Jones Lang LaSalle Incorporated $JLL

Versor Investments LP decreased its position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 42.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,697 shares of the financial services provider’s stock after selling 2,000 shares during the period. Versor Investments LP’s holdings in Jones Lang LaSalle were worth $804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Profund Advisors LLC increased its holdings in Jones Lang LaSalle by 5.2% during the 3rd quarter. Profund Advisors LLC now owns 1,086 shares of the financial services provider’s stock valued at $324,000 after purchasing an additional 54 shares in the last quarter. Linden Thomas Advisory Services LLC raised its holdings in shares of Jones Lang LaSalle by 3.3% in the third quarter. Linden Thomas Advisory Services LLC now owns 6,934 shares of the financial services provider’s stock valued at $2,068,000 after buying an additional 219 shares during the last quarter. Azzad Asset Management Inc. ADV grew its holdings in Jones Lang LaSalle by 3.6% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 1,620 shares of the financial services provider’s stock worth $483,000 after acquiring an additional 56 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Jones Lang LaSalle by 76.6% in the third quarter. Smartleaf Asset Management LLC now owns 226 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 98 shares during the last quarter. Finally, Renaissance Group LLC lifted its position in shares of Jones Lang LaSalle by 1.0% during the third quarter. Renaissance Group LLC now owns 124,785 shares of the financial services provider’s stock worth $37,221,000 after purchasing an additional 1,217 shares in the last quarter. 94.80% of the stock is currently owned by institutional investors.

Jones Lang LaSalle Price Performance

Jones Lang LaSalle stock opened at $346.07 on Wednesday. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $16.33 billion, a P/E ratio of 26.54 and a beta of 1.42. The business has a 50-day moving average of $342.86 and a 200-day moving average of $315.48. Jones Lang LaSalle Incorporated has a 1 year low of $194.36 and a 1 year high of $363.06.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on JLL shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Jones Lang LaSalle in a report on Thursday, January 22nd. UBS Group lifted their target price on Jones Lang LaSalle from $360.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Wall Street Zen upgraded Jones Lang LaSalle from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 11th. The Goldman Sachs Group boosted their price objective on Jones Lang LaSalle from $361.00 to $407.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Jones Lang LaSalle from $390.00 to $405.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $364.17.

Insider Buying and Selling

In other Jones Lang LaSalle news, CEO Christian Ulbrich sold 96 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $332.18, for a total value of $31,889.28. Following the sale, the chief executive officer directly owned 114,685 shares in the company, valued at approximately $38,096,063.30. This trade represents a 0.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold a total of 20,000 shares of company stock valued at $6,609,091 over the last ninety days. 0.91% of the stock is currently owned by corporate insiders.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.

Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.