Grand Jean Capital Management Has Upped Holding in Blackstone Group LP (BX); Shareholder Pekin Singer Strauss Asset Management Upped Jones Lang Lasalle (JLL) Position

Jones Lang LaSalle Incorporated (NYSE:JLL) Logo

Grand Jean Capital Management Inc increased its stake in Blackstone Group Lp (BX) by 9.22% based on its latest 2018Q3 regulatory filing with the SEC. Grand Jean Capital Management Inc bought 33,385 shares as the company’s stock declined 15.07% with the market. The institutional investor held 395,490 shares of the investment managers company at the end of 2018Q3, valued at $15.06M, up from 362,105 at the end of the previous reported quarter. Grand Jean Capital Management Inc who had been investing in Blackstone Group Lp for a number of months, seems to be bullish on the $38.29B market cap company. The stock increased 0.53% or $0.17 during the last trading session, reaching $32.14. About 2.56 million shares traded. The Blackstone Group L.P. (NYSE:BX) has declined 4.51% since January 14, 2018 and is downtrending. It has underperformed by 4.51% the S&P500. Some Historical BX News: 23/03/2018 – Pure Industrial Real Estate Trust Unitholders Approve Transaction with Blackstone; 22/03/2018 – FRP HOLDINGS TO SELL PORTFOLIO TO BLACKSTONE FOR $358.9M; 19/04/2018 – Blackstone 1Q Distributable Earnings $502M; 30/05/2018 – BLACKSTONE CEO SCHWARZMAN COMMENTS AT ALLIANCE BERNSTEIN CONF; 09/03/2018 – Blackstone’s Goodman on High Yield, Insurance and CDS Rules (Video); 19/04/2018 – BLACKSTONE SAW $3.5B OF INFLOWS IN 1Q FROM ITS RETAIL BUSINESS; 21/05/2018 – LASALLE HOTEL PROPERTIES- IN SOME CONDITIONS, BRE LANDMARK PARENT REQUIRED TO PAY CO TERMINATION FEE OF $336 MLN UPON TERMINATION OF BLACKSTONE DEAL; 21/05/2018 – IHS Markit to Acquire lpreo from Blackstone and Goldman Sachs Merchant Banking; 28/03/2018 – Vivint Solar Takes the ParityPledge™ as Part of Its Commitment to Improving the Pathway for Women in Leadership Positions; 16/04/2018 – SPDR Blackstone / GSO Senior Loan Daily Inflows $130.2M

Pekin Singer Strauss Asset Management increased its stake in Jones Lang Lasalle Inc (JLL) by 4.42% based on its latest 2018Q3 regulatory filing with the SEC. Pekin Singer Strauss Asset Management bought 4,338 shares as the company’s stock declined 10.08% with the market. The institutional investor held 102,478 shares of the real estate company at the end of 2018Q3, valued at $14.79 million, up from 98,140 at the end of the previous reported quarter. Pekin Singer Strauss Asset Management who had been investing in Jones Lang Lasalle Inc for a number of months, seems to be bullish on the $6.18B market cap company. The stock increased 0.14% or $0.19 during the last trading session, reaching $135.7. About 110,725 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has declined 14.80% since January 14, 2018 and is downtrending. It has underperformed by 14.80% the S&P500. Some Historical JLL News: 30/04/2018 – EXELON CUTS LASALLE 2 REACTOR POWER TO 63% FROM 100%: NRC; 24/04/2018 – PEBBLEBROOK – IMPLIED PRICE OF $32.49/SHARE AS PER NEW PROPOSAL BASED ON HIGHER FIXED EXCHANGE RATIO OF 0.9085 PEBBLEBROOK SHARE FOR EACH LASALLE SHARE; 16/05/2018 – JONES LANG LASALLE INC JLL.N : BARCLAYS RAISES TARGET PRICE TO $184 FROM $179; 30/05/2018 – LASALLE TO TAKE OVER FULL OWNERSHIP OF ENCORE+ FUND; 16/04/2018 – LASALLE INVESTMENT IS SAID TO SEEK $1 BILLION FOR PROPERTY FUND; 27/03/2018 – JLL Spark acquires SaaS-based real estate asset management company Stessa; 02/04/2018 – NRC: NRC Names New Senior Resident Inspector at LaSalle Nuclear Power Plant; 16/04/2018 – MEDIA-LaSalle Investment seeks $1 billion for property fund – Bloomberg; 17/04/2018 – LHO: Blackstone among companies weighing bid for LaSalle, Bloomb; 17/05/2018 – JONES LANG LASALLE INC – BORROWING CAPACITY REMAINS AT $2.75 BLN

More recent The Blackstone Group L.P. (NYSE:BX) news were published by: Nasdaq.com which released: “New Research: Key Drivers of Growth for The Blackstone Group, Barnes & Noble, Verastem, Littelfuse, Essendant, and Anworth Mortgage Asset — Factors of Influence, Major Initiatives and Sustained Production – Nasdaq” on January 04, 2019. Also Seekingalpha.com published the news titled: “Blackstone’s Dip Brings Back Bad Memories – Seeking Alpha” on December 20, 2018. Finance.Yahoo.com‘s news article titled: “Jim Cramer Weighs In On Palo Alto, Blackstone And More – Yahoo Finance” with publication date: December 21, 2018 was also an interesting one.

Since August 16, 2018, it had 0 buys, and 1 insider sale for $24.60 million activity.

Among 19 analysts covering The Blackstone Group L.P. (NYSE:BX), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. The Blackstone Group L.P. had 78 analyst reports since August 9, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Friday, September 18 with “Buy”. As per Friday, October 6, the company rating was maintained by Jefferies. Morgan Stanley maintained The Blackstone Group L.P. (NYSE:BX) on Friday, January 4 with “Overweight” rating. The firm earned “Buy” rating on Monday, August 17 by Deutsche Bank. The firm has “Buy” rating by Jefferies given on Friday, April 28. The stock of The Blackstone Group L.P. (NYSE:BX) earned “Hold” rating by Deutsche Bank on Friday, July 21. The firm has “Outperform” rating given on Friday, July 20 by Credit Suisse. Standpoint Research maintained The Blackstone Group L.P. (NYSE:BX) rating on Sunday, August 9. Standpoint Research has “Hold” rating and $48 target. The firm has “Neutral” rating by JP Morgan given on Monday, November 23. The stock has “Overweight” rating by Morgan Stanley on Thursday, July 12.

Grand Jean Capital Management Inc, which manages about $351.43M and $286.52 million US Long portfolio, decreased its stake in Crown Holdings Inc (NYSE:CCK) by 133,802 shares to 89,742 shares, valued at $4.31M in 2018Q3, according to the filing. It also reduced its holding in American International Corp (NYSE:AIG) by 70,989 shares in the quarter, leaving it with 132,495 shares, and cut its stake in Trupanion Inc (NYSE:TRUP).

Investors sentiment increased to 1.28 in Q3 2018. Its up 0.24, from 1.04 in 2018Q2. It increased, as 37 investors sold BX shares while 141 reduced holdings. 70 funds opened positions while 157 raised stakes. 300.87 million shares or 0.72% more from 298.71 million shares in 2018Q2 were reported. Fayez Sarofim And invested 0.01% in The Blackstone Group L.P. (NYSE:BX). Hallmark Cap Mgmt Inc holds 18,350 shares or 0.08% of its portfolio. Moreover, Gruss And has 3.48% invested in The Blackstone Group L.P. (NYSE:BX). Janney Cap Mgmt Limited stated it has 381,500 shares. 23,365 are held by Cibc Asset Management. 1.20 million are owned by Barclays Pcl. The New York-based Spirit Of America Corporation has invested 0.14% in The Blackstone Group L.P. (NYSE:BX). Captrust Advsrs accumulated 4,526 shares. Strategy Asset Managers Ltd Liability holds 0% or 23,885 shares in its portfolio. Greenwich Wealth Mgmt Ltd Liability Co invested in 84,108 shares or 0.56% of the stock. Barry Invest Advsrs Ltd Liability Company reported 6,026 shares or 0.08% of all its holdings. Parallax Volatility Advisers Lp reported 1.73M shares. South Dakota Investment Council holds 0.08% or 98,000 shares in its portfolio. Jrm Investment Counsel Lc accumulated 6.11% or 240,158 shares. Crestwood Advsrs Group Ltd Liability reported 554,286 shares or 1.48% of all its holdings.

Investors sentiment decreased to 0.97 in 2018 Q3. Its down 0.17, from 1.14 in 2018Q2. It dived, as 29 investors sold JLL shares while 114 reduced holdings. 47 funds opened positions while 91 raised stakes. 40.92 million shares or 0.05% less from 40.95 million shares in 2018Q2 were reported. Bowling Port Mgmt Lc has invested 0.21% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Moreover, Tiaa Cref Investment Mngmt has 0.01% invested in Jones Lang LaSalle Incorporated (NYSE:JLL). Synovus Corp stated it has 0% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Schroder Investment Mgmt Grp owns 1,829 shares. Federated Pa has 0.01% invested in Jones Lang LaSalle Incorporated (NYSE:JLL). Missouri-based Century has invested 0.04% in Jones Lang LaSalle Incorporated (NYSE:JLL). Brinker has 0.04% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 8,088 shares. Citigroup holds 0% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL) for 9,832 shares. Great Lakes Advisors Ltd Com owns 0.5% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 129,005 shares. Parsec Finance owns 9,112 shares or 0.08% of their US portfolio. M&T Bank invested in 0% or 2,376 shares. Martingale Asset Limited Partnership owns 3,914 shares for 0.01% of their portfolio. Moreover, Kepos Cap LP has 0.32% invested in Jones Lang LaSalle Incorporated (NYSE:JLL). Public Employees Retirement Systems Of Ohio holds 46,636 shares or 0.03% of its portfolio. 100,123 were accumulated by Btim.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Globenewswire.com which released: “Research Report Identifies Starbucks, Jones Lang LaSalle, Univar, Conduent, Twilio, and Advanced Drainage with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” on December 04, 2018, also Bizjournals.com with their article: “Leidos sells former Lockheed IS&GS Gaithersburg campus. The new owner hasn’t decided what to do with it. – Washington Business Journal” published on January 09, 2019, Benzinga.com published: “Jones Lang LaSalle Incorporated (NYSE:JLL) – Industrial Property Demand Will Flatten Next Year After Record 8-Year Run, JLL Says – Benzinga” on December 20, 2018. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Seekingalpha.com and their article: “Oakmark Equity And Income Fund: Fourth Quarter 2018 – Seeking Alpha” published on January 14, 2019 as well as Bizjournals.com‘s news article titled: “Oil field services co. leases entire 3-year-old Energy Corridor building – Houston Business Journal” with publication date: October 12, 2018.

Among 12 analysts covering Jones Lang Lasalle Incorporated (NYSE:JLL), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Jones Lang Lasalle Incorporated had 35 analyst reports since August 12, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $140 target in Tuesday, July 18 report. On Friday, June 9 the stock rating was maintained by Barclays Capital with “Overweight”. Goldman Sachs upgraded Jones Lang LaSalle Incorporated (NYSE:JLL) rating on Friday, May 20. Goldman Sachs has “Buy” rating and $141 target. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, July 19. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, March 6 report. Keefe Bruyette & Woods maintained Jones Lang LaSalle Incorporated (NYSE:JLL) rating on Tuesday, October 10. Keefe Bruyette & Woods has “Hold” rating and $132.0 target. Keefe Bruyette & Woods maintained Jones Lang LaSalle Incorporated (NYSE:JLL) on Wednesday, August 2 with “Hold” rating. The company was reinitiated on Friday, February 2 by William Blair. Sterne Agee CRT initiated the stock with “Neutral” rating in Wednesday, August 26 report. On Thursday, June 8 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

Since August 27, 2018, it had 0 insider buys, and 1 sale for $30,988 activity.

Pekin Singer Strauss Asset Management, which manages about $1.07 billion and $540.70M US Long portfolio, decreased its stake in Voya Finl Inc (NYSE:VOYA) by 15,430 shares to 76,921 shares, valued at $3.82M in 2018Q3, according to the filing. It also reduced its holding in Mosaic Co New (NYSE:MOS) by 96,307 shares in the quarter, leaving it with 409,174 shares, and cut its stake in Fabrinet (NYSE:FN).

Jones Lang LaSalle Incorporated (NYSE:JLL) Institutional Positions Chart

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