Ameritas Investment Partners Inc. Buys 214 Shares of Jones Lang LaSalle Incorporated (JLL)

Ameritas Investment Partners Inc. grew its stake in shares of Jones Lang LaSalle Incorporated (NYSE:JLL) by 1.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,152 shares of the financial services provider’s stock after buying an additional 214 shares during the period. Ameritas Investment Partners Inc.’s holdings in Jones Lang LaSalle were worth $2,394,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in JLL. Mckinley Capital Management LLC Delaware purchased a new stake in shares of Jones Lang LaSalle in the second quarter valued at $105,000. IFP Advisors Inc grew its position in shares of Jones Lang LaSalle by 0.7% in the second quarter. IFP Advisors Inc now owns 910 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 6 shares during the period. Schroder Investment Management Group grew its position in shares of Jones Lang LaSalle by 406.9% in the second quarter. Schroder Investment Management Group now owns 1,100 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 883 shares during the period. Shine Investment Advisory Services Inc. purchased a new stake in shares of Jones Lang LaSalle in the second quarter valued at $147,000. Finally, Commonwealth Bank of Australia grew its position in shares of Jones Lang LaSalle by 3.7% in the second quarter. Commonwealth Bank of Australia now owns 1,237 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 44 shares during the period. 90.31% of the stock is owned by institutional investors.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $123.07, for a total transaction of $123,070.00. Following the transaction, the director now directly owns 46,417 shares of the company’s stock, valued at $5,712,540.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.72% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This story was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another publication, it was stolen and republished in violation of United States and international trademark & copyright laws. The original version of this story can be accessed at https://sportsperspectives.com/2017/10/13/ameritas-investment-partners-inc-buys-214-shares-of-jones-lang-lasalle-incorporated-jll.html.

A number of equities research analysts have recently commented on JLL shares. ValuEngine raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research report on Saturday, July 1st. BidaskClub raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research report on Saturday, July 1st. Zacks Investment Research raised Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $141.00 price objective for the company in a research report on Monday, July 10th. Barclays PLC lifted their price objective on Jones Lang LaSalle from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, July 18th. Finally, UBS AG started coverage on Jones Lang LaSalle in a research report on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Jones Lang LaSalle has a consensus rating of “Buy” and an average price target of $133.57.

Jones Lang LaSalle Incorporated (NYSE JLL) traded up 0.34% during midday trading on Friday, reaching $131.36. The company’s stock had a trading volume of 203,405 shares. The firm has a market capitalization of $5.96 billion, a price-to-earnings ratio of 19.83 and a beta of 1.80. Jones Lang LaSalle Incorporated has a 12 month low of $86.62 and a 12 month high of $134.76. The stock’s 50-day moving average price is $123.44 and its 200-day moving average price is $119.48.

Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.45 by $0.37. Jones Lang LaSalle had a net margin of 4.14% and a return on equity of 12.04%. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period in the prior year, the business posted $1.93 earnings per share. Jones Lang LaSalle’s revenue for the quarter was up 14.4% compared to the same quarter last year. Analysts predict that Jones Lang LaSalle Incorporated will post $8.22 EPS for the current year.

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)

Receive News & Ratings for Jones Lang LaSalle Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jones Lang LaSalle Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply