Is Jones Lang Lasalle Incorporated (NYSE:JLL) a Buy? The Stock Reported more Sellers

Jones Lang LaSalle Incorporated (NYSE:JLL) Logo

Investors sentiment decreased to 0.98 in Q2 2019. Its down 0.65, from 1.63 in 2019Q1. It turned negative, as 37 investors sold Jones Lang LaSalle Incorporated shares while 111 reduced holdings. 44 funds opened positions while 101 raised stakes. 41.06 million shares or 0.91% more from 40.69 million shares in 2019Q1 were reported.
Commonwealth Bancorp Of Australia invested in 100 shares. Utd Services Automobile Association stated it has 52,200 shares or 0.02% of all its holdings. Covington holds 0% or 331 shares in its portfolio. Los Angeles Capital Mgmt Equity Rech owns 13,620 shares for 0.01% of their portfolio. Shelton Capital Management reported 0.03% in Jones Lang LaSalle Incorporated (NYSE:JLL). Levin Cap Strategies Lp reported 1,500 shares. Ny State Teachers Retirement System owns 77,672 shares or 0.03% of their US portfolio. Mason Street Advsrs Ltd Llc invested 0.07% in Jones Lang LaSalle Incorporated (NYSE:JLL). Dupont Cap Management accumulated 20,008 shares or 0.06% of the stock. Cap Advisers Limited Liability has 4,128 shares. Kerrisdale Advisers Limited Liability holds 26,242 shares. The Netherlands-based Shell Asset Mgmt Commerce has invested 0.06% in Jones Lang LaSalle Incorporated (NYSE:JLL). Robecosam Ag holds 0.01% or 1,200 shares in its portfolio. Long Pond Ltd Partnership has invested 2.17% in Jones Lang LaSalle Incorporated (NYSE:JLL). Synovus has 62 shares.

The stock of Jones Lang Lasalle Incorporated (NYSE:JLL) registered an increase of 3.43% in short interest. JLL’s total short interest was 1.81M shares in October as published by FINRA. Its up 3.43% from 1.75M shares, reported previously. With 392,700 shares average volume, it will take short sellers 5 days to cover their JLL’s short positions. The short interest to Jones Lang Lasalle Incorporated’s float is 4%.

The stock increased 3.51% or $4.75 during the last trading session, reaching $139.9. About 280,243 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has declined 14.12% since October 12, 2018 and is downtrending. It has underperformed by 14.12% the S&P500.

Jones Lang LaSalle Incorporated, a professional services company, provides commercial real estate and investment management services worldwide. The company has market cap of $7.21 billion. 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. It has a 13.76 P/E ratio. The firm also provides investment management services to institutional and retail investors, including high-net-worth individuals.

Jones Lang LaSalle Incorporated (NYSE:JLL) Ratings Coverage

Among 4 analysts covering Jones Lang LaSalle (NYSE:JLL), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Jones Lang LaSalle has $20600 highest and $17500 lowest target. $185.75’s average target is 32.77% above currents $139.9 stock price. Jones Lang LaSalle had 7 analyst reports since April 17, 2019 according to SRatingsIntel. The rating was upgraded by Wood on Wednesday, April 17 to “Outperform”. UBS maintained the stock with “Buy” rating in Monday, August 12 report. The firm has “Buy” rating by UBS given on Tuesday, July 30. The company was upgraded on Friday, May 10 by Goldman Sachs.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Bizjournals.com which released: “JLL to acquire Peloton Commercial Real Estate; co-founding partners to join team – Dallas – Dallas Business Journal” on September 19, 2019, also Prnewswire.com with their article: “JLL announces Corporate Solutions leadership changes – PRNewswire” published on April 10, 2019, Bizjournals.com published: “CBRE recruits Marc Rampulla, Brian Saal to launch government properties practice – Washington – Washington Business Journal” on August 14, 2019. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Prnewswire.com and their article: “JLL Names Chris Stent Executive Managing Director, Investor Relations and Corporate Finance – PRNewswire” published on September 18, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Jones Lang LaSalle Inc (JLL) A Good Stock To Buy? – Yahoo Finance” with publication date: June 13, 2019.

Jones Lang LaSalle Incorporated (NYSE:JLL) Institutional Positions Chart

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