Jones Lang LaSalle Incorporated (NYSE:JLL) Holdings Lifted by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its position in shares of Jones Lang LaSalle Incorporated (NYSE:JLLGet Rating) by 17.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,321 shares of the financial services provider’s stock after buying an additional 348 shares during the quarter. Advisors Asset Management Inc.’s holdings in Jones Lang LaSalle were worth $406,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. State of Michigan Retirement System boosted its stake in Jones Lang LaSalle by 0.4% during the first quarter. State of Michigan Retirement System now owns 12,811 shares of the financial services provider’s stock valued at $3,068,000 after buying an additional 55 shares in the last quarter. Covestor Ltd grew its holdings in shares of Jones Lang LaSalle by 61.3% during the 1st quarter. Covestor Ltd now owns 150 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 57 shares in the last quarter. Sumitomo Life Insurance Co. lifted its position in shares of Jones Lang LaSalle by 1.4% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 4,191 shares of the financial services provider’s stock worth $733,000 after buying an additional 59 shares during the period. HighTower Advisors LLC lifted its position in shares of Jones Lang LaSalle by 2.5% during the 1st quarter. HighTower Advisors LLC now owns 3,413 shares of the financial services provider’s stock worth $818,000 after buying an additional 84 shares during the period. Finally, Rehmann Capital Advisory Group lifted its position in shares of Jones Lang LaSalle by 3.6% during the 1st quarter. Rehmann Capital Advisory Group now owns 2,590 shares of the financial services provider’s stock worth $620,000 after buying an additional 91 shares during the period. Institutional investors own 95.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. UBS Group cut their price objective on Jones Lang LaSalle from $287.00 to $247.00 and set a “buy” rating for the company in a research report on Wednesday, September 21st. StockNews.com cut Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research note on Thursday, November 3rd. The Goldman Sachs Group decreased their target price on Jones Lang LaSalle from $193.00 to $171.00 and set a “sell” rating for the company in a research note on Wednesday, October 19th. Finally, Raymond James decreased their target price on Jones Lang LaSalle from $267.00 to $243.00 and set an “outperform” rating for the company in a research note on Thursday, November 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $249.00.

Jones Lang LaSalle Trading Up 0.3 %

Shares of NYSE:JLL opened at $155.92 on Friday. The company has a market capitalization of $7.40 billion, a P/E ratio of 8.76 and a beta of 1.26. Jones Lang LaSalle Incorporated has a 1 year low of $135.35 and a 1 year high of $275.77. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 2.14. The business’s 50 day simple moving average is $158.35 and its 200 day simple moving average is $173.45.

About Jones Lang LaSalle

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Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing and tenant representation services; and capital market services, such as debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services.

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

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