Jones Lang LaSalle CEO Sells $340,530 in Stock (JLL)
Jones Lang LaSalle (NYSE:JLL) CEO Colin Dyer sold 3,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $113.51, for a total transaction of $340,530.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Jones Lang LaSalle (NYSE:JLL) traded down 0.69% on Wednesday, hitting $113.79. The stock had a trading volume of 679,326 shares. Jones Lang LaSalle has a 52 week low of $80.86 and a 52 week high of $115.67. The stock’s 50-day moving average is $104.8 and its 200-day moving average is $93.77. The company has a market cap of $5.058 billion and a P/E ratio of 19.16.
Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings results on Monday, January 27th. The company reported $3.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $3.11 by $0.15. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the company posted $2.60 earnings per share. Jones Lang LaSalle’s revenue was up 20.9% compared to the same quarter last year. Analysts expect that Jones Lang LaSalle will post $7.20 EPS for the current fiscal year.
A number of analysts have recently weighed in on JLL shares. Analysts at Zacks reiterated a “neutral” rating on shares of Jones Lang LaSalle in a research note to investors on Wednesday, January 29th. They now have a $112.00 price target on the stock. Two research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Jones Lang LaSalle currently has a consensus rating of “Hold” and a consensus price target of $89.38.
Jones Lang LaSalle Incorporated (NYSE:JLL), is a financial and professional services firm specializing in real estate.
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