Jones Lang LaSalle Incorporated (NYSE:JLL – Get Free Report) Director Larry Quinlan sold 402 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $301.73, for a total value of $121,295.46. Following the transaction, the director directly owned 4,369 shares of the company’s stock, valued at $1,318,258.37. The trade was a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Larry Quinlan also recently made the following trade(s):
- On Friday, June 5th, Larry Quinlan sold 403 shares of Jones Lang LaSalle stock. The stock was sold at an average price of $295.14, for a total value of $118,941.42.
Jones Lang LaSalle Trading Up 2.0%
Shares of NYSE:JLL traded up $5.94 on Tuesday, hitting $304.18. The company had a trading volume of 86,957 shares, compared to its average volume of 471,084. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.15. Jones Lang LaSalle Incorporated has a 1 year low of $233.14 and a 1 year high of $363.06. The firm’s 50-day simple moving average is $311.83 and its two-hundred day simple moving average is $320.75. The firm has a market capitalization of $14.11 billion, a price-to-earnings ratio of 16.38 and a beta of 1.29.
Analysts Set New Price Targets
A number of brokerages have issued reports on JLL. Zacks Research cut Jones Lang LaSalle from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 24th. UBS Group increased their price objective on Jones Lang LaSalle from $425.00 to $445.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Keefe, Bruyette & Woods decreased their target price on shares of Jones Lang LaSalle from $405.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Barclays raised their price objective on shares of Jones Lang LaSalle from $348.00 to $366.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings cut Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $394.00.
Check Out Our Latest Research Report on JLL
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in JLL. Greenleaf Trust boosted its stake in Jones Lang LaSalle by 1.8% during the fourth quarter. Greenleaf Trust now owns 1,668 shares of the financial services provider’s stock valued at $561,000 after buying an additional 30 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of Jones Lang LaSalle by 15.8% in the 4th quarter. Assetmark Inc. now owns 220 shares of the financial services provider’s stock worth $74,000 after acquiring an additional 30 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of Jones Lang LaSalle by 7.9% during the 3rd quarter. IFP Advisors Inc now owns 544 shares of the financial services provider’s stock worth $162,000 after purchasing an additional 40 shares during the period. Hilton Head Capital Partners LLC grew its holdings in Jones Lang LaSalle by 40.4% during the 1st quarter. Hilton Head Capital Partners LLC now owns 146 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 42 shares during the last quarter. Finally, UMB Bank n.a. raised its position in Jones Lang LaSalle by 10.6% in the 4th quarter. UMB Bank n.a. now owns 490 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 47 shares during the period. Institutional investors own 94.80% of the company’s stock.
About Jones Lang LaSalle
Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.
Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.
Featured Stories
- Five stocks we like better than Jones Lang LaSalle
- 5 High-Yield Stocks With Analyst Support and Room to Run
- AST SpaceMobile Announces Launch Date for Its Next 3 BlueBird Satellites
- Is Lennar Finally Turning the Corner After Its Housing Slump?
- AI Memory Demand Has Turned These 5 S&P 500 Stocks Into Market Leaders
Receive News & Ratings for Jones Lang LaSalle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jones Lang LaSalle and related companies with MarketBeat.com's FREE daily email newsletter.
