Jones Lang LaSalle Inc (JLL) : Land Buildings Investment Management scooped up 59,480 additional shares in Jones Lang LaSalle Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 105,101 shares of Jones Lang LaSalle Inc which is valued at $12,285,256.Jones Lang LaSalle Inc makes up approximately 5.44% of Land Buildings Investment Management’s portfolio.
Other Hedge Funds, Including , Jacobs Levy Equity Management Inc reduced its stake in JLL by selling 53,487 shares or 49.68% in the most recent quarter. The Hedge Fund company now holds 54,168 shares of JLL which is valued at $6,331,698. Jones Lang LaSalle Inc makes up approx 0.12% of Jacobs Levy Equity Management Inc’s portfolio.Fukoku Mutual Life Insurance Co reduced its stake in JLL by selling 600 shares or 30.0% in the most recent quarter. The Hedge Fund company now holds 1,400 shares of JLL which is valued at $164,892. Jones Lang LaSalle Inc makes up approx 0.03% of Fukoku Mutual Life Insurance Co’s portfolio. Ajo Lp sold out all of its stake in JLL during the most recent quarter. The investment firm sold 590,738 shares of JLL which is valued $69,577,122. Cibc Asset Management Inc added JLL to its portfolio by purchasing 55,178 company shares during the most recent quarter which is valued at $6,381,887. Jones Lang LaSalle Inc makes up approx 0.05% of Cibc Asset Management Inc’s portfolio. Capital Fund Management S.a. sold out all of its stake in JLL during the most recent quarter. The investment firm sold 18,777 shares of JLL which is valued $2,060,588.
Jones Lang LaSalle Inc closed down -0.72 points or -0.62% at $116.03 with 3,15,136 shares getting traded on Thursday. Post opening the session at $117.13, the shares hit an intraday low of $115.29 and an intraday high of $118.19 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Jones Lang LaSalle Inc reported $1.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $1.89. The company had revenue of $1604.00 million for the quarter, compared to analysts expectations of $1470.94 million. The company’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.05 EPS.
Many Wall Street Analysts have commented on Jones Lang LaSalle Inc. Jones Lang LaSalle Inc was Upgraded by Goldman to ” Buy” on May 20, 2016.
Jones Lang LaSalle Incorporated (JLL) is a financial and professional services firm specializing in real estate. The Company operates through four business segments. JLL provides real estate services through three business segments: the Americas Europe the Middle East and Africa (EMEA) and Asia Pacific. JLLs fourth business segment is LaSalle Investment Management (LaSalle). The Company provides a range of integrated property project management and transaction services locally regionally and globally through its Americas EMEA and Asia Pacific operating segments. The Company manages its investment management business globally as LaSalle. The Company provides a range of real estate services to real estate owners occupiers investors and developers for a range of property types. The Company offers its products and services under the JLL LaSalle Investment Management and Tetris brands.