3,533 Shares in Jones Lang LaSalle Incorporated (JLL) Acquired by Shelton Capital Management

Shelton Capital Management bought a new position in Jones Lang LaSalle Incorporated (NYSE:JLL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,533 shares of the financial services provider’s stock, valued at approximately $442,000.

Several other institutional investors have also recently modified their holdings of JLL. BlackRock Inc. grew its holdings in shares of Jones Lang LaSalle by 2,744.5% in the first quarter. BlackRock Inc. now owns 4,348,540 shares of the financial services provider’s stock worth $484,647,000 after purchasing an additional 4,195,662 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Jones Lang LaSalle by 8,404.7% in the second quarter. Franklin Resources Inc. now owns 442,242 shares of the financial services provider’s stock worth $55,280,000 after purchasing an additional 437,042 shares during the last quarter. Platinum Investment Management Ltd. bought a new position in shares of Jones Lang LaSalle in the first quarter worth approximately $33,847,000. New York State Common Retirement Fund grew its holdings in shares of Jones Lang LaSalle by 40.3% in the second quarter. New York State Common Retirement Fund now owns 594,838 shares of the financial services provider’s stock worth $74,355,000 after purchasing an additional 170,818 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Jones Lang LaSalle by 4.2% in the first quarter. Vanguard Group Inc. now owns 3,710,306 shares of the financial services provider’s stock worth $413,513,000 after purchasing an additional 150,310 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Shares of Jones Lang LaSalle Incorporated (NYSE:JLL) opened at 130.86 on Wednesday. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 19.76 and a beta of 1.80. The company has a 50-day moving average price of $122.83 and a 200-day moving average price of $119.31. Jones Lang LaSalle Incorporated has a 52 week low of $86.62 and a 52 week high of $134.76.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.37. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.76 billion. Jones Lang LaSalle had a return on equity of 12.04% and a net margin of 4.14%. Jones Lang LaSalle’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.93 EPS. Equities analysts anticipate that Jones Lang LaSalle Incorporated will post $8.22 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://ledgergazette.com/2017/10/11/3533-shares-in-jones-lang-lasalle-incorporated-jll-acquired-by-shelton-capital-management.html.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $123.07, for a total value of $123,070.00. Following the transaction, the director now owns 46,417 shares of the company’s stock, valued at approximately $5,712,540.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.72% of the company’s stock.

Several research analysts have recently issued reports on the stock. UBS AG assumed coverage on shares of Jones Lang LaSalle in a report on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 target price on the stock. ValuEngine cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $132.00 target price on shares of Jones Lang LaSalle in a report on Thursday, August 3rd. BidaskClub cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Zacks Investment Research raised Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 price target

Several other institutional investors have also recently modified their holdings of JLL. BlackRock Inc. grew its holdings in shares of Jones Lang LaSalle by 2,744.5% in the first quarter. BlackRock Inc. now owns 4,348,540 shares of the financial services provider’s stock worth $484,647,000 after purchasing an additional 4,195,662 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Jones Lang LaSalle by 8,404.7% in the second quarter. Franklin Resources Inc. now owns 442,242 shares of the financial services provider’s stock worth $55,280,000 after purchasing an additional 437,042 shares during the last quarter. Platinum Investment Management Ltd. bought a new position in shares of Jones Lang LaSalle in the first quarter worth approximately $33,847,000. New York State Common Retirement Fund grew its holdings in shares of Jones Lang LaSalle by 40.3% in the second quarter. New York State Common Retirement Fund now owns 594,838 shares of the financial services provider’s stock worth $74,355,000 after purchasing an additional 170,818 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Jones Lang LaSalle by 4.2% in the first quarter. Vanguard Group Inc. now owns 3,710,306 shares of the financial services provider’s stock worth $413,513,000 after purchasing an additional 150,310 shares during the last quarter. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Shares of Jones Lang LaSalle Incorporated (NYSE:JLL) opened at 130.86 on Wednesday. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 19.76 and a beta of 1.80. The company has a 50-day moving average price of $122.83 and a 200-day moving average price of $119.31. Jones Lang LaSalle Incorporated has a 52 week low of $86.62 and a 52 week high of $134.76.

Jones Lang LaSalle (NYSE:JLL) last announced its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.37. The company had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.76 billion. Jones Lang LaSalle had a return on equity of 12.04% and a net margin of 4.14%. Jones Lang LaSalle’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.93 EPS. Equities analysts anticipate that Jones Lang LaSalle Incorporated will post $8.22 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This story was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://ledgergazette.com/2017/10/11/3533-shares-in-jones-lang-lasalle-incorporated-jll-acquired-by-shelton-capital-management.html.

In other Jones Lang LaSalle news, Director Sheila A. Penrose sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $123.07, for a total value of $123,070.00. Following the transaction, the director now owns 46,417 shares of the company’s stock, valued at approximately $5,712,540.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.72% of the company’s stock.

Several research analysts have recently issued reports on the stock. UBS AG assumed coverage on shares of Jones Lang LaSalle in a report on Wednesday, July 26th. They issued a “neutral” rating and a $134.00 target price on the stock. ValuEngine cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $132.00 target price on shares of Jones Lang LaSalle in a report on Thursday, August 3rd. BidaskClub cut shares of Jones Lang LaSalle from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Zacks Investment Research raised Jones Lang LaSalle from a “hold” rating to a “buy” rating and set a $142.00 price target for the company in a research note on Tuesday, October 3rd. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Jones Lang LaSalle has a consensus rating of “Buy” and a consensus price target of $133.57.

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.

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Institutional Ownership by Quarter for Jones Lang LaSalle (NYSE:JLL)

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