News stories about Jones Lang LaSalle (NYSE:JLL) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jones Lang LaSalle earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.0048410410389 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Jones Lang LaSalle Incorporated (JLL) Director Sheila A. Penrose Sells 1,000 Shares (americanbankingnews.com)
- LaSalle sets $1 billion target for pan-Asia real estate fund (finance.yahoo.com)
- Jones Lang LaSalle Incorporated (JLL) Position Increased by Atlanta Capital Management Co L L C Last Quarter (highlightpress.com)
- JLL Selects Exari for Document Automation (finance.yahoo.com)
- JLL secures $221.25 million in acquisition financing for massive office campus in Kansas – Markets Insider (markets.businessinsider.com)
A number of analysts have recently commented on JLL shares. BidaskClub raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research downgraded Jones Lang LaSalle from a “hold” rating to a “sell” rating in a research note on Wednesday, April 19th. Bank of America Corporation reissued a “buy” rating and issued a $140.00 price objective on shares of Jones Lang LaSalle in a research note on Monday, May 8th. ValuEngine raised Jones Lang LaSalle from a “hold” rating to a “buy” rating in a research note on Tuesday, May 16th. Finally, JMP Securities boosted their price objective on Jones Lang LaSalle from $118.00 to $132.00 and gave the stock an “outperform” rating in a research note on Monday, May 8th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $133.43.
Shares of Jones Lang LaSalle (NYSE:JLL) traded down 4.45% during midday trading on Thursday, hitting $116.70. The stock had a trading volume of 267,259 shares. The stock has a 50 day moving average price of $125.74 and a 200-day moving average price of $116.15. Jones Lang LaSalle has a 52 week low of $86.62 and a 52 week high of $134.76. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 17.62 and a beta of 1.81.
Jones Lang LaSalle (NYSE:JLL) last posted its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.45 by $0.37. Jones Lang LaSalle had a return on equity of 12.04% and a net margin of 4.14%. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same period last year, the company earned $1.93 EPS. The firm’s revenue was up 14.4% on a year-over-year basis. Equities research analysts anticipate that Jones Lang LaSalle will post $8.16 earnings per share for the current year.
In other news, Director Sheila A. Penrose sold 1,000 shares of the firm’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 directly owns 46,417 shares in the company, valued at approximately $5,712,540.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 3,000 shares of company stock worth $368,870 over the last 90 days. 0.72% of the stock is owned by corporate insiders.
About Jones Lang LaSalle
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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