Jones Lang LaSalle Inc (JLL) : Oasis Management Co Ltd. added new position in Jones Lang LaSalle Inc during the most recent quarter end. The investment management firm now holds 276,857 shares of Jones Lang LaSalle Inc which is valued at $32,361,815 , the company said in a statement filed on Aug 15, 2016 with the SEC.Jones Lang LaSalle Inc makes up approximately 29.12% of Oasis Management Co Ltd.’s portfolio.
Other Hedge Funds, Including , Arizona State Retirement System boosted its stake in JLL in the latest quarter, The investment management firm added 1,400 additional shares and now holds a total of 24,770 shares of Jones Lang LaSalle Inc which is valued at $2,895,365. Jones Lang LaSalle Inc makes up approx 0.04% of Arizona State Retirement System’s portfolio. Feltz Wealth Plan sold out all of its stake in JLL during the most recent quarter. The investment firm sold 341 shares of JLL which is valued $40,064. Hl Financial Services added JLL to its portfolio by purchasing 3,425 company shares during the most recent quarter which is valued at $375,860. Jones Lang LaSalle Inc makes up approx 0.01% of Hl Financial Services’s portfolio.Gemmer Asset Management boosted its stake in JLL in the latest quarter, The investment management firm added 24 additional shares and now holds a total of 45 shares of Jones Lang LaSalle Inc which is valued at $4,887. V Wealth Managementllc sold out all of its stake in JLL during the most recent quarter. The investment firm sold 12,813 shares of JLL which is valued $1,357,665.
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.