Vident Investment Advisory LLC purchased a new position in Jones Lang LaSalle Incorporated (NYSE:JLL) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,851 shares of the financial services provider’s stock, valued at approximately $2,452,000.

Several other large investors also recently modified their holdings of the stock. IFP Advisors Inc boosted 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 buying an additional 6 shares during the last quarter. Commonwealth Bank of Australia boosted its holdings in shares of Jones Lang LaSalle by 3.7% in the 2nd quarter. Commonwealth Bank of Australia now owns 1,237 shares of the financial services provider’s stock worth $154,000 after buying an additional 44 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Jones Lang LaSalle by 3.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,073 shares of the financial services provider’s stock worth $259,000 after buying an additional 77 shares during the last quarter. Pax World Management LLC boosted its holdings in shares of Jones Lang LaSalle by 0.4% in the 2nd quarter. Pax World Management LLC now owns 23,935 shares of the financial services provider’s stock worth $2,992,000 after buying an additional 100 shares during the last quarter. Finally, AXA boosted its holdings in shares of Jones Lang LaSalle by 2.9% in the 2nd quarter. AXA now owns 4,294 shares of the financial services provider’s stock worth $537,000 after buying an additional 120 shares during the last quarter. 91.17% of the stock is currently owned by institutional investors.

In other news, CEO Jeff A. Jacobson sold 6,713 shares of the company’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $147.42, for a total transaction of $989,630.46. Following the sale, the chief executive officer now directly owns 4,489 shares in the company, valued at $661,768.38. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.72% of the company’s stock.

A number of brokerages recently weighed in on JLL. Royal Bank of Canada downgraded shares of Jones Lang LaSalle from an “outperform” rating to a “sector perform” rating in a report on Thursday, October 12th. ValuEngine raised shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th. Finally, Zacks Investment Research raised shares of Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 price target on the stock in a report on Tuesday, October 3rd. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $133.57.

Jones Lang LaSalle Incorporated (NYSE:JLL) traded up $0.56 during midday trading on Wednesday, reaching $149.76. 348,300 shares of the company’s stock traded hands, compared to its average volume of 297,481. The stock has a market capitalization of $6,790.00, a P/E ratio of 18.24, a PEG ratio of 1.63 and a beta of 1.91. Jones Lang LaSalle Incorporated has a 1-year low of $97.60 and a 1-year high of $155.25. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.60 and a current ratio of 1.60.

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, beating the Thomson Reuters’ consensus estimate of $1.55 by $0.41. The business had revenue of $1.95 billion for 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 company’s revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.42 earnings per share. equities research analysts expect that Jones Lang LaSalle Incorporated will post 8.31 EPS for the current fiscal 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 given a dividend of $0.37 per share. The ex-dividend date is Wednesday, November 15th. This is a boost from Jones Lang LaSalle’s previous Semi-Annual dividend of $0.35. This represents a dividend yield of 0.52%. Jones Lang LaSalle’s dividend payout ratio is currently 9.92%.

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Jones Lang LaSalle 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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