Canada Pension Plan Investment Board lessened its stake in Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) by 69.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,100 shares of the financial services provider’s stock after selling 6,900 shares during the quarter. Canada Pension Plan Investment Board’s holdings in Jones Lang LaSalle were worth $483,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of JLL. Strategic Investment Solutions Inc. IL purchased a new position in Jones Lang LaSalle in the 1st quarter worth approximately $29,000. Covestor Ltd boosted its stake in shares of Jones Lang LaSalle by 61.3% in the 1st quarter. Covestor Ltd now owns 150 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 57 shares in the last quarter. Belpointe Asset Management LLC boosted its stake in shares of Jones Lang LaSalle by 126.0% in the 1st quarter. Belpointe Asset Management LLC now owns 278 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 155 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in shares of Jones Lang LaSalle in the 1st quarter valued at $46,000. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Jones Lang LaSalle by 44.8% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 530 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 164 shares in the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.
Jones Lang LaSalle Stock Up 0.4 %
Shares of NYSE JLL opened at $154.74 on Tuesday. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.32. Jones Lang LaSalle Incorporated has a 12 month low of $119.46 and a 12 month high of $188.61. The firm has a market capitalization of $7.36 billion, a PE ratio of 32.85 and a beta of 1.36. The firm has a fifty day simple moving average of $140.23 and a two-hundred day simple moving average of $151.43.
Analysts Set New Price Targets
About Jones Lang LaSalle
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, tenant representation, property management, advisory, and consulting services; and capital market services, such as equity and debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services.
- Five stocks we like better than Jones Lang LaSalle
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- The most upgraded stocks in November have two things in common
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Monday.com rocked earnings like it’s the weekend
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Plan to own one retailer? Make it this one
Receive News & Ratings for Jones Lang LaSalle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jones Lang LaSalle and related companies with MarketBeat.com's FREE daily email newsletter.