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JLL Jones Lang Lasalle

Jones Lang LaSalle, Inc. engages in the provision of professional services which specializes in real estate and investment management. It operates through the following geographic segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; and LaSalle Investment Management (LaSalle). The Americas, EMEA, and Asia Pacific segments provides leasing, capital markets, integrated property and facility management, project management, advisory, and transaction services. The LaSalle segment offers investment management services on a global basis to institutional investors and high-net-worth individuals. The company was founded by Richard Winstanley in 1783 and is headquartered in Chicago, IL.

Company profile

Ticker
JLL
Exchange
Website
CEO
Christian Ulbrich
Employees
Incorporated
Location
Fiscal year end
Former names
LASALLE PARTNERS INC
SEC CIK
IRS number
364150422

JLL stock data

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Calendar

6 May 21
27 Jul 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 644.5M 644.5M 644.5M 644.5M 644.5M 644.5M
Cash burn (monthly) 65.1M 19.43M (positive/no burn) (positive/no burn) 153.93M (positive/no burn)
Cash used (since last report) 252.9M 75.49M n/a n/a 597.99M n/a
Cash remaining 391.6M 569.01M n/a n/a 46.51M n/a
Runway (months of cash) 6.0 29.3 n/a n/a 0.3 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
20 Jul 21 Tina L. Ju Common Stock Grant Aquire A No No 194.74 173 33.69K 173
30 Jun 21 Bague Hugo Common Stock Grant Aquire A No No 195.46 301 58.83K 17,965
30 Jun 21 Piazza Samuel A Jr. Di Common Stock Grant Aquire A No No 195.46 225 43.98K 10,919
16 Jun 21 Louis F Bowers Common Stock Sell Dispose S No Yes 206.08 521 107.37K 0
14 Jun 21 Kylie L Kendrick RSU Common Stock Grant Aquire A No No 0 2,464 0 2,464
14 Jun 21 Kylie L Kendrick RSU Common Stock Grant Aquire A No No 0 1,478 0 1,478

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

93.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 367 352 +4.3%
Opened positions 58 68 -14.7%
Closed positions 43 64 -32.8%
Increased positions 108 99 +9.1%
Reduced positions 149 137 +8.8%
13F shares
Current Prev Q Change
Total value 10.37B 8.04B +29.0%
Total shares 48.12M 50.37M -4.5%
Total puts 19.3K 36.6K -47.3%
Total calls 134.1K 108.5K +23.6%
Total put/call ratio 0.1 0.3 -57.3%
Largest owners
Shares Value Change
Vanguard 7.23M $1.29B +1.9%
BLK Blackrock 4.81M $861.73M +4.5%
Generation Investment Management 4.7M $841.97M -3.6%
CNS Cohen & Steers 3.6M $645.43M +29.8%
FMR 2.81M $503.98M +12.1%
Vulcan Value Partners 2.63M $470.42M -46.9%
Atlanta Capital Management Co L L C 1.85M $331.38M -1.1%
STT State Street 1.18M $211.73M +0.6%
Ariel Investments 1.04M $186.15M +2.2%
Dimensional Fund Advisors 1.03M $183.95M -0.3%
Largest transactions
Shares Bought/sold Change
Vulcan Value Partners 2.63M -2.32M -46.9%
CNS Cohen & Steers 3.6M +828.25K +29.8%
Swedbank 0 -695.44K EXIT
Norges Bank 0 -532.36K EXIT
Bessemer 491.74K +489.91K +26800.2%
UBS UBS Group AG - Registered Shares 114.72K -475.56K -80.6%
Caisse De Depot Et Placement Du Quebec 459.16K +459.16K NEW
Southpoint Capital Advisors 0 -400K EXIT
River Road Asset Management 0 -308.91K EXIT
FMR 2.81M +303.25K +12.1%

Financial report summary

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Risks
  • REPUTATIONAL AND BRAND RISKS.
  • COMPETITION FOR TALENT WORLD-WIDE; SUCCESSION OF KEY LEADERS.
  • THIRD PARTY SPEND MANAGEMENT AND HEALTH AND SAFETY RISK.
  • WE FACE POTENTIAL BUSINESS DISRUPTION AND RELATED RISKS RESULTING FROM HEALTH EPIDEMICS, ESPECIALLY THE NOVEL CORONAVIRUS (COVID-19) PANDEMIC.
  • TECHNOLOGY AND INFORMATION SYSTEMS; MANAGEMENT OF DATA.
  • PERFORMANCE AND FIDUCIARY OBLIGATIONS UNDER CLIENT CONTRACTS; RISING COST OF INSURANCE RESULTING FROM NEGLIGENCE CLAIMS; RESPONSIBILITY FOR SAFETY OF CONTRACTORS; SCOPE CREEP.
  • CORPORATE CONFLICTS OF INTEREST.
  • DISRUPTIVE TECHNOLOGIES, INNOVATION AND COMPETITION.
  • ABILITY TO PROTECT INTELLECTUAL PROPERTY; INFRINGEMENT OF THIRD-PARTY INTELLECTUAL PROPERTY RIGHTS.
  • GENERAL ECONOMIC CONDITIONS AND REAL ESTATE MARKET CONDITIONS.
  • POLITICAL AND ECONOMIC INSTABILITY AND TRANSPARENCY: PROTECTIONISM; TERRORIST ACTIVITIES.
  • REAL ESTATE SERVICES AND INVESTMENT MANAGEMENT MARKETS ARE HIGHLY COMPETITIVE.
  • RISKS INHERENT IN MAKING ACQUISITIONS AND ENTERING INTO JOINT VENTURES.
  • CO-INVESTMENT, INVESTMENT AND REAL ESTATE INVESTMENT BANKING ACTIVITIES.
  • BURDEN OF COMPLYING WITH MULTIPLE AND POTENTIALLY CONFLICTING LAWS AND REGULATIONS AND DEALING WITH CHANGES IN LEGAL AND REGULATORY REQUIREMENTS.
  • LICENSING AND REGULATORY REQUIREMENTS.
  • ENVIRONMENTAL LIABILITIES AND REGULATIONS; CLIMATE CHANGE RISKS; AND AIR QUALITY RISKS.
  • VOLATILITY IN TRANSACTIONAL-BASED REVENUE.
  • CURRENCY RESTRICTIONS AND EXCHANGE RATE FLUCTUATIONS.
  • DOWNGRADES IN OUR CREDIT RATINGS COULD INCREASE OUR BORROWING COSTS OR REDUCE OUR ACCESS TO FUNDING SOURCES IN THE CREDIT AND CAPITAL MARKETS.
  • INCREASING FINANCIAL RISK OF COUNTERPARTIES, INCLUDING REFINANCING RISK.
  • ABILITY TO CONTINUE TO MAINTAIN SATISFACTORY INTERNAL FINANCIAL REPORTING CONTROLS AND PROCEDURES.
  • POTENTIALLY ADVERSE TAX CONSEQUENCES; CHANGES IN TAX LEGISLATION, REGULATION AND TAX RATES.
Management Discussion
  • •We define market volumes for Leasing as gross absorption of office real estate space in square feet for the U.S., Europe and selected markets in Asia Pacific. We define market volumes for Capital Markets as investment sales transactions globally.
  • •Assets under management data for LaSalle is reported on a one-quarter lag.
  • •MENA: Middle East and North Africa. Greater China: China, Hong Kong, Macau and Taiwan.
Content analysis
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H.S. sophomore Avg
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