Jones Lang LaSalle Inc (NYSE:JLL) has earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $175.40.

JLL has been the subject of several research analyst reports. ValuEngine lowered shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. Zacks Investment Research upgraded shares of Jones Lang LaSalle from a “sell” rating to a “hold” rating in a research report on Monday, August 20th.

JLL stock opened at $131.00 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.92 and a quick ratio of 1.92. Jones Lang LaSalle has a 12 month low of $125.02 and a 12 month high of $178.75. The company has a market capitalization of $6.57 billion, a PE ratio of 14.51, a PEG ratio of 1.28 and a beta of 1.63.

Jones Lang LaSalle (NYSE:JLL) last announced its earnings results on Wednesday, August 8th. The financial services provider reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.05. Jones Lang LaSalle had a net margin of 2.62% and a return on equity of 13.84%. The business had revenue of $3.90 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same period in the previous year, the business posted $2.17 earnings per share. Jones Lang LaSalle’s revenue for the quarter was up 12.5% on a year-over-year basis. Equities research analysts predict that Jones Lang LaSalle will post 10.26 EPS for the current year.

In other Jones Lang LaSalle news, CEO Guy Grainger sold 200 shares of Jones Lang LaSalle stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $154.94, for a total transaction of $30,988.00. Following the completion of the sale, the chief executive officer now directly owns 1,341 shares in the company, valued at $207,774.54. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.63% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Gulf International Bank UK Ltd lifted its holdings in shares of Jones Lang LaSalle by 7.0% in the 2nd quarter. Gulf International Bank UK Ltd now owns 15,216 shares of the financial services provider’s stock worth $2,525,000 after acquiring an additional 1,000 shares during the last quarter. Clinton Group Inc. bought a new stake in shares of Jones Lang LaSalle in the 2nd quarter worth approximately $1,070,000. IFM Investors Pty Ltd bought a new stake in shares of Jones Lang LaSalle in the 2nd quarter worth approximately $206,000. State of Alaska Department of Revenue lifted its holdings in shares of Jones Lang LaSalle by 39.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 4,960 shares of the financial services provider’s stock worth $823,000 after acquiring an additional 1,410 shares during the last quarter. Finally, Manning & Napier Group LLC bought a new stake in shares of Jones Lang LaSalle in the 2nd quarter worth approximately $215,000. Institutional investors and hedge funds own 93.54% of the company’s stock.

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. It offers a range of real estate services, including agency leasing, project and development management/construction, capital markets, property management, corporate finance, real estate investment banking/merchant banking, energy and sustainability, research, facility management outsourcing, strategic consulting, technology solutions, advisory, investment management, tenant representation, lease administration, transaction management, logistics and supply-chain management, valuations, and mortgage origination and servicing.

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Analyst Recommendations for Jones Lang LaSalle (NYSE:JLL)

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