What’s Next for Jones Lang Lasalle Incorporated (NYSE:JLL) After Having More Shares Shorted?

Jones Lang LaSalle Incorporated (NYSE:JLL) Logo

Investors sentiment decreased to 0.98 in 2019 Q2. Its down 0.65, from 1.63 in 2019Q1. It dived, 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.
Fort Washington Advisors Incorporated Oh invested in 1.32% or 845,097 shares. Employees Retirement Systems Of Texas accumulated 12,000 shares. Sg Americas Securities Limited Liability invested in 0.01% or 5,270 shares. Chicago Equity Prtnrs Limited Liability Company holds 0.05% or 8,600 shares. 136 are owned by Cwm Lc. 794,717 were accumulated by Dimensional Fund Limited Partnership. Advsr Cap Limited Liability reported 0.02% stake. Aperio Grp Limited Com stated it has 94,543 shares. State Street owns 1.62M shares. Ls Advsrs Lc reported 0.03% in Jones Lang LaSalle Incorporated (NYSE:JLL). Lpl Limited Liability Corporation has 0% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 10,818 shares. Robeco Institutional Asset Bv stated it has 74,371 shares or 0.04% of all its holdings. Qs Investors Ltd has invested 0.01% in Jones Lang LaSalle Incorporated (NYSE:JLL). Kbc Group Inc Nv holds 71,360 shares or 0.08% of its portfolio. Moreover, Pekin Hardy Strauss has 2.81% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 95,612 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 1.81 million shares in September 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 decreased 0.04% or $0.05 during the last trading session, reaching $141.97. About 223,105 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has declined 14.12% since September 13, 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 $7.32 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 13.97 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 30.84% above currents $141.97 stock price. Jones Lang LaSalle had 8 analyst reports since March 15, 2019 according to SRatingsIntel. The company was maintained on Monday, August 12 by UBS. The firm has “Buy” rating given on Friday, May 10 by Goldman Sachs. UBS upgraded the shares of JLL in report on Tuesday, July 30 to “Buy” rating. The firm has “Outperform” rating by Wood given on Wednesday, April 17.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Bizjournals.com which released: “High Point CVB takes immediate action on strategic tourism destination plan – Triad Business Journal” on August 22, 2019, also Bizjournals.com with their article: “Best Places to Work: Extra Large Companies – Atlanta Business Chronicle – New York Business Journal” published on September 06, 2019, Finance.Yahoo.com published: “Jones Lang LaSalle (NYSE:JLL) Has A Pretty Healthy Balance Sheet – Yahoo Finance” on August 22, 2019. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Finance.Yahoo.com and their article: “Can We See Significant Institutional Ownership On The Jones Lang LaSalle Incorporated (NYSE:JLL) Share Register? – Yahoo Finance” published on August 07, 2019 as well as Finance.Yahoo.com‘s news article titled: “Did Jones Lang LaSalle Incorporated (NYSE:JLL) Use Debt To Deliver Its ROE Of 12%? – Yahoo Finance” with publication date: July 18, 2019.

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

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