Jones Lang LaSalle Incorporated (JLL) Shares Sold by Atlanta Capital Management Co. L L C

Atlanta Capital Management Co. L L C lessened its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 0.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,465,686 shares of the financial services provider’s stock after selling 2,293 shares during the quarter. Atlanta Capital Management Co. L L C owned approximately 3.23% of Jones Lang LaSalle worth $181,012,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of JLL. Vanguard Group Inc. lifted its stake in shares of Jones Lang LaSalle by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 3,800,003 shares of the financial services provider’s stock valued at $475,000,000 after purchasing an additional 89,697 shares in the last quarter. TCW Group Inc. lifted its stake in shares of Jones Lang LaSalle by 3.3% in the 3rd quarter. TCW Group Inc. now owns 895,104 shares of the financial services provider’s stock valued at $110,545,000 after purchasing an additional 28,263 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Jones Lang LaSalle by 14,443.2% in the 2nd quarter. Janus Henderson Group PLC now owns 641,645 shares of the financial services provider’s stock valued at $80,206,000 after purchasing an additional 637,233 shares in the last quarter. Platinum Investment Management Ltd. lifted its stake in shares of Jones Lang LaSalle by 109.0% in the 2nd quarter. Platinum Investment Management Ltd. now owns 634,613 shares of the financial services provider’s stock valued at $79,326,000 after purchasing an additional 330,913 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Jones Lang LaSalle by 9.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 628,395 shares of the financial services provider’s stock valued at $77,608,000 after purchasing an additional 55,020 shares in the last quarter. Hedge funds and other institutional investors own 91.17% of the company’s stock.

In other Jones Lang LaSalle news, CEO Jeff A. Jacobson sold 6,713 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $147.42, for a total transaction 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 available at this hyperlink. Insiders own 0.72% of the company’s stock.

Several equities analysts recently commented on JLL shares. Zacks Investment Research raised Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 price target on the stock in a research report on Tuesday, October 3rd. ValuEngine raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research report on Wednesday, October 11th. Finally, Royal Bank Of Canada lowered Jones Lang LaSalle from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 12th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Jones Lang LaSalle currently has a consensus rating of “Buy” and an average target price of $133.57.

Shares of Jones Lang LaSalle Incorporated (NYSE:JLL) traded up $3.25 on Friday, reaching $152.70. The company had a trading volume of 391,000 shares, compared to its average volume of 297,585. The company has a market cap of $6,780.01, a P/E ratio of 18.27, a P/E/G ratio of 1.63 and a beta of 1.91. 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 Incorporated has a 52-week low of $97.60 and a 52-week high of $155.25.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings data on Monday, November 6th. The financial services provider reported $1.96 EPS for the quarter, topping the Zacks’ consensus estimate of $1.55 by $0.41. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.83 billion. Jones Lang LaSalle had a return on equity of 12.55% and a net margin of 4.52%. The firm’s revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.42 EPS. equities analysts predict that Jones Lang LaSalle Incorporated will post 8.31 EPS for the current year.

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.37 per share. This represents a yield of 0.52%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a positive change from Jones Lang LaSalle’s previous Semi-Annual dividend of $0.35. Jones Lang LaSalle’s payout ratio is 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.

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

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