Jones Lang LaSalle Incorporated (NYSE:JLL) – Wedbush dropped their Q3 2017 EPS estimates for Jones Lang LaSalle in a report released on Thursday. Wedbush analyst J. Weaver now anticipates that the financial services provider will post earnings per share of $1.58 for the quarter, down from their prior forecast of $1.67. Wedbush currently has a “Neutral” rating and a $115.00 price target on the stock. Wedbush also issued estimates for Jones Lang LaSalle’s Q3 2018 earnings at $1.76 EPS.

JLL has been the topic of several other research reports. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $132.00 target price on shares of Jones Lang LaSalle in a research note on Thursday. BidaskClub lowered Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. ValuEngine lowered Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded Jones Lang LaSalle from a “sell” rating to a “hold” rating in a research note on Monday, June 19th. Finally, UBS AG began coverage on Jones Lang LaSalle in a research note on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Jones Lang LaSalle has a consensus rating of “Buy” and a consensus target price of $133.43.

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Jones Lang LaSalle (NYSE JLL) opened at 125.08 on Monday. Jones Lang LaSalle has a 52 week low of $86.62 and a 52 week high of $134.76. The company has a market cap of $5.66 billion, a PE ratio of 18.89 and a beta of 1.81. The company has a 50-day moving average of $124.63 and a 200-day moving average of $114.55.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.45 by $0.37. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Jones Lang LaSalle had a net margin of 4.14% and a return on equity of 12.04%. Jones Lang LaSalle’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.93 EPS.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of Jones Lang LaSalle stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $125.80, for a total value of $125,800.00. Following the transaction, the director now owns 47,417 shares in the company, valued at $5,965,058.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 3,000 shares of company stock worth $361,240 in the last quarter. 0.72% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the company. IFP Advisors Inc raised its stake in shares of Jones Lang LaSalle by 0.7% in the second quarter. IFP Advisors Inc now owns 910 shares of the financial services provider’s stock worth $114,000 after buying an additional 6 shares during the last quarter. New Amsterdam Partners LLC NY raised its stake in shares of Jones Lang LaSalle by 0.7% in the second quarter. New Amsterdam Partners LLC NY now owns 3,452 shares of the financial services provider’s stock worth $432,000 after buying an additional 24 shares during the last quarter. World Asset Management Inc raised its stake in shares of Jones Lang LaSalle by 1.2% in the second quarter. World Asset Management Inc now owns 3,080 shares of the financial services provider’s stock worth $385,000 after buying an additional 36 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its stake in shares of Jones Lang LaSalle by 5.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 1,172 shares of the financial services provider’s stock worth $122,000 after buying an additional 58 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Jones Lang LaSalle by 0.9% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,689 shares of the financial services provider’s stock worth $745,000 after buying an additional 58 shares during the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Jones Lang LaSalle Company Profile

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services company specializing in real estate. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients.

Earnings History and Estimates for Jones Lang LaSalle (NYSE:JLL)

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