Jones Lang LaSalle Inc. (NYSE:JLL) Director Sheila A. Penrose sold 1,000 shares of Jones Lang LaSalle stock in a transaction dated Monday, September 19th. The shares were sold at an average price of $115.00, for a total value of $115,000.00. Following the transaction, the director now owns 50,416 shares in the company, valued at approximately $5,797,840. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Jones Lang LaSalle Inc. (NYSE:JLL) traded up 0.17% during midday trading on Wednesday, reaching $113.51. The company’s stock had a trading volume of 302,886 shares. Jones Lang LaSalle Inc. has a 52-week low of $90.07 and a 52-week high of $171.63. The firm has a 50 day moving average of $115.75 and a 200 day moving average of $113.44. The firm has a market cap of $5.13 billion, a P/E ratio of 12.56 and a beta of 1.96.

Jones Lang LaSalle (NYSE:JLL) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.09. The company earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Jones Lang LaSalle had a return on equity of 16.44% and a net margin of 6.50%. The business’s quarterly revenue was up 16.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.05 earnings per share. Analysts anticipate that Jones Lang LaSalle Inc. will post $9.42 earnings per share for the current fiscal year.

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Several equities analysts have recently weighed in on JLL shares. TheStreet upgraded Jones Lang LaSalle from a “hold” rating to a “buy” rating in a report on Thursday, August 18th. JMP Securities reiterated a “buy” rating on shares of Jones Lang LaSalle in a report on Wednesday, June 8th. Zacks Investment Research upgraded Jones Lang LaSalle from a “sell” rating to a “hold” rating in a report on Monday, September 12th. Keefe, Bruyette & Woods lifted their price objective on Jones Lang LaSalle from $124.00 to $129.00 and gave the company an “outperform” rating in a report on Wednesday, August 3rd. Finally, Barclays PLC cut their price objective on Jones Lang LaSalle from $136.00 to $132.00 and set an “overweight” rating on the stock in a report on Thursday, August 18th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $149.20.

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Jones Lang LaSalle by 3.3% in the second quarter. Vanguard Group Inc. now owns 3,414,107 shares of the company’s stock valued at $332,705,000 after buying an additional 107,542 shares during the last quarter. Generation Investment Management LLP boosted its stake in shares of Jones Lang LaSalle by 87.3% in the second quarter. Generation Investment Management LLP now owns 2,212,726 shares of the company’s stock valued at $215,630,000 after buying an additional 1,031,500 shares during the last quarter. BlackRock Fund Advisors boosted its stake in shares of Jones Lang LaSalle by 4.5% in the second quarter. BlackRock Fund Advisors now owns 1,891,510 shares of the company’s stock valued at $184,328,000 after buying an additional 82,203 shares during the last quarter. Investec Asset Management LTD boosted its stake in shares of Jones Lang LaSalle by 16.4% in the first quarter. Investec Asset Management LTD now owns 1,435,541 shares of the company’s stock valued at $168,418,000 after buying an additional 202,613 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Jones Lang LaSalle by 2.3% in the first quarter. State Street Corp now owns 1,421,197 shares of the company’s stock valued at $166,728,000 after buying an additional 32,170 shares during the last quarter. 88.39% of the stock is owned by institutional investors.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services firm specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. JLL provides real estate services (RES) through three business segments: the Americas, EMEA and Asia Pacific.

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