1,084 Shares in Jones Lang LaSalle Incorporated $JLL Purchased by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in Jones Lang LaSalle Incorporated (NYSE:JLL - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,084 shares of the financial services provider's stock, valued at approximately $277,000.

Other hedge funds also recently bought and sold shares of the company. Norden Group LLC acquired a new stake in Jones Lang LaSalle in the 1st quarter valued at about $287,000. PNC Financial Services Group Inc. increased its holdings in shares of Jones Lang LaSalle by 11.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,605 shares of the financial services provider's stock worth $646,000 after buying an additional 262 shares during the last quarter. Bridges Investment Management Inc. increased its holdings in shares of Jones Lang LaSalle by 120.0% during the 1st quarter. Bridges Investment Management Inc. now owns 4,447 shares of the financial services provider's stock worth $1,102,000 after buying an additional 2,426 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Jones Lang LaSalle during the 1st quarter worth approximately $8,164,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Jones Lang LaSalle by 34.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 8,779 shares of the financial services provider's stock worth $2,176,000 after buying an additional 2,252 shares during the last quarter. Institutional investors and hedge funds own 94.80% of the company's stock.

Jones Lang LaSalle Price Performance

Shares of JLL opened at $298.09 on Friday. Jones Lang LaSalle Incorporated has a twelve month low of $194.36 and a twelve month high of $322.36. The firm's fifty day simple moving average is $300.51 and its 200-day simple moving average is $259.73. The firm has a market capitalization of $14.12 billion, a price-to-earnings ratio of 25.63 and a beta of 1.39. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.16.

Jones Lang LaSalle (NYSE:JLL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The financial services provider reported $3.30 earnings per share for the quarter, beating analysts' consensus estimates of $3.20 by $0.10. Jones Lang LaSalle had a net margin of 2.28% and a return on equity of 10.63%. The business had revenue of $6.25 billion for the quarter, compared to analyst estimates of $6.17 billion. During the same period last year, the business earned $2.55 EPS. The company's revenue was up 11.0% on a year-over-year basis. Equities analysts forecast that Jones Lang LaSalle Incorporated will post 16.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Citizens Jmp assumed coverage on shares of Jones Lang LaSalle in a report on Monday, July 21st. They set a "market perform" rating for the company. Wall Street Zen raised shares of Jones Lang LaSalle from a "hold" rating to a "buy" rating in a research report on Sunday, August 31st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Jones Lang LaSalle in a research report on Wednesday, October 8th. The Goldman Sachs Group increased their price objective on shares of Jones Lang LaSalle from $338.00 to $378.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Jones Lang LaSalle from $285.00 to $372.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Jones Lang LaSalle currently has an average rating of "Moderate Buy" and a consensus price target of $338.29.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated operates as a commercial real estate and investment management company. It engages in the buying, building, occupying, managing, and investing in a commercial, industrial, hotel, residential, and retail properties in Americas, Europe, the Middle East, Africa, and the Asia Pacific.

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