Texas Permanent School Fund Corp Has $5.72 Million Stock Position in Jones Lang LaSalle Incorporated (NYSE:JLL)

Texas Permanent School Fund Corp cut its holdings in Jones Lang LaSalle Incorporated (NYSE:JLLFree Report) by 3.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,478 shares of the financial services provider’s stock after selling 1,561 shares during the period. Texas Permanent School Fund Corp owned about 0.09% of Jones Lang LaSalle worth $5,715,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JLL. Vanguard Group Inc. grew its stake in Jones Lang LaSalle by 0.6% in the first quarter. Vanguard Group Inc. now owns 7,345,723 shares of the financial services provider’s stock valued at $1,759,007,000 after purchasing an additional 40,866 shares in the last quarter. Cohen & Steers Inc. boosted its holdings in shares of Jones Lang LaSalle by 4.5% in the 2nd quarter. Cohen & Steers Inc. now owns 3,193,638 shares of the financial services provider’s stock valued at $497,552,000 after buying an additional 136,398 shares during the last quarter. Morgan Stanley grew its stake in shares of Jones Lang LaSalle by 644.6% in the fourth quarter. Morgan Stanley now owns 1,698,480 shares of the financial services provider’s stock valued at $270,687,000 after buying an additional 1,470,373 shares in the last quarter. Ariel Investments LLC raised its position in Jones Lang LaSalle by 5.0% during the second quarter. Ariel Investments LLC now owns 1,520,409 shares of the financial services provider’s stock worth $236,880,000 after acquiring an additional 72,334 shares in the last quarter. Finally, State Street Corp lifted its stake in Jones Lang LaSalle by 5.3% in the first quarter. State Street Corp now owns 1,373,781 shares of the financial services provider’s stock valued at $328,966,000 after acquiring an additional 69,533 shares during the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

Jones Lang LaSalle Price Performance

Shares of NYSE JLL opened at $176.99 on Monday. The company has a current ratio of 2.29, a quick ratio of 2.29 and a debt-to-equity ratio of 0.32. The firm has a market cap of $8.42 billion, a P/E ratio of 37.58 and a beta of 1.43. The business’s 50 day moving average is $176.81 and its 200-day moving average is $160.72. Jones Lang LaSalle Incorporated has a 1-year low of $119.46 and a 1-year high of $191.21.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on JLL shares. StockNews.com downgraded shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Raymond James lifted their target price on Jones Lang LaSalle from $173.00 to $199.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Finally, UBS Group decreased their target price on Jones Lang LaSalle from $210.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday, November 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Jones Lang LaSalle currently has a consensus rating of “Hold” and a consensus price target of $186.14.

Check Out Our Latest Analysis on JLL

Jones Lang LaSalle Profile

(Free Report)

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.

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

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