Jones Lang LaSalle CEO Sells $604,935 in Stock (JLL)
Jones Lang LaSalle (NYSE:JLL) CEO Colin Dyer sold 4,500 shares of Jones Lang LaSalle stock on the open market in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $134.43, for a total transaction of $604,935.00. Following the completion of the transaction, the chief executive officer now directly owns 65,379 shares of the company’s stock, valued at approximately $8,788,899. The sale was disclosed in a filing with the SEC, which is available at this link.
JLL has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Jones Lang LaSalle in a research note on Wednesday, August 6th. They now have a $137.00 price target on the stock. Analysts at Barclays raised their price target on shares of Jones Lang LaSalle from $128.00 to $138.00 in a research note on Monday, July 21st. They now have an “overweight” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $128.33.
Shares of Jones Lang LaSalle (NYSE:JLL) traded down 0.74% on Thursday, hitting $133.25. The stock had a trading volume of 193,818 shares. Jones Lang LaSalle has a 52 week low of $80.86 and a 52 week high of $136.49. The stock’s 50-day moving average is $131. and its 200-day moving average is $123.9. The company has a market cap of $5.971 billion and a P/E ratio of 20.35.
Jones Lang LaSalle (NYSE:JLL) last announced its earnings results on Thursday, July 31st. The company reported $1.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.40 by $0.28. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $1.15 earnings per share. The company’s revenue for the quarter was up 29.1% on a year-over-year basis. Analysts expect that Jones Lang LaSalle will post $7.65 EPS for the current fiscal year.
Jones Lang LaSalle Incorporated (NYSE:JLL), is a financial and professional services firm specializing in real estate.
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