Jones Lang LaSalle Inc (NYSE:JLL) Shares Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC grew its position in Jones Lang LaSalle Inc (NYSE:JLL) by 60.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,298 shares of the financial services provider’s stock after purchasing an additional 866 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Jones Lang LaSalle were worth $320,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JLL. Summit Global Investments purchased a new stake in shares of Jones Lang LaSalle during the 2nd quarter valued at about $7,335,000. Victory Capital Management Inc. raised its holdings in shares of Jones Lang LaSalle by 15.6% during the 2nd quarter. Victory Capital Management Inc. now owns 18,313 shares of the financial services provider’s stock valued at $2,576,000 after buying an additional 2,477 shares during the period. Morgan Stanley raised its holdings in shares of Jones Lang LaSalle by 62.7% during the 2nd quarter. Morgan Stanley now owns 58,637 shares of the financial services provider’s stock valued at $8,250,000 after buying an additional 22,604 shares during the period. United Services Automobile Association raised its holdings in shares of Jones Lang LaSalle by 2.0% during the 2nd quarter. United Services Automobile Association now owns 52,200 shares of the financial services provider’s stock valued at $7,344,000 after buying an additional 1,006 shares during the period. Finally, State of Alaska Department of Revenue raised its holdings in shares of Jones Lang LaSalle by 86.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 9,175 shares of the financial services provider’s stock valued at $1,275,000 after buying an additional 4,262 shares during the period. 82.61% of the stock is currently owned by institutional investors and hedge funds.

JLL stock opened at $143.59 on Friday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.44. Jones Lang LaSalle Inc has a 52-week low of $119.79 and a 52-week high of $173.32. The stock’s 50 day moving average is $137.51 and its two-hundred day moving average is $140.01. The company has a market capitalization of $7.38 billion, a PE ratio of 11.72, a P/E/G ratio of 1.31 and a beta of 1.75.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings data on Tuesday, August 6th. The financial services provider reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.33 by $0.61. Jones Lang LaSalle had a return on equity of 15.79% and a net margin of 2.76%. The company had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same period in the previous year, the business earned $2.26 EPS. Jones Lang LaSalle’s revenue for the quarter was up 8.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Jones Lang LaSalle Inc will post 12.13 EPS for the current year.

Several equities research analysts recently commented on JLL shares. JPMorgan Chase & Co. started coverage on Jones Lang LaSalle in a report on Wednesday, July 17th. They set an “overweight” rating and a $140.23 target price on the stock. DA Davidson started coverage on Jones Lang LaSalle in a report on Thursday, July 11th. They set a “buy” rating on the stock. UBS Group raised their target price on Jones Lang LaSalle from $175.00 to $178.00 and gave the company a “buy” rating in a report on Monday, August 12th. Barclays set a $179.00 target price on Jones Lang LaSalle and gave the company a “buy” rating in a report on Friday, October 11th. Finally, Compass Point started coverage on Jones Lang LaSalle in a report on Wednesday, July 10th. They set a “buy” rating and a $180.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. Jones Lang LaSalle presently has an average rating of “Hold” and a consensus target price of $173.69.

Jones Lang LaSalle Profile

Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency leasing, logistics and supply-chain management, corporate finance, mortgage origination and servicing, debt placement, project and development management/design, digital, property management, energy and sustainability, real estate investment banking, integrated facilities management, research, investment management and advisory, strategic consulting and advisory, investment sale, tenant representation, lease administration, and valuations.

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

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