What’s Jones Lang Lasalle Incorporated (NYSE:JLL) Upside After This Short Interest Increase?


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.
M&T Comml Bank Corporation holds 3,082 shares or 0% of its portfolio. Northern Trust invested in 0.02% or 641,073 shares. Hsbc Pcl holds 0.03% or 94,093 shares. Swiss Comml Bank accumulated 148,300 shares. Fort Washington Invest Oh has invested 1.32% in Jones Lang LaSalle Incorporated (NYSE:JLL). Next Fincl Group Inc invested in 892 shares. Btim Corporation holds 0.22% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL) for 118,538 shares. Gemmer Asset Limited Co reported 76 shares. Thrivent Fincl For Lutherans owns 49,249 shares for 0.02% of their portfolio. The Illinois-based Nuveen Asset Mgmt Limited Liability Corp has invested 0.02% in Jones Lang LaSalle Incorporated (NYSE:JLL). Junto Capital Mngmt L P stated it has 2.72% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Shelton Mngmt reported 0.03% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Texas Permanent School Fund holds 0.06% or 28,396 shares in its portfolio. Convergence Inv Prtn Ltd Com stated it has 7,943 shares. Art Advisors Ltd Llc holds 0.04% or 4,553 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 November 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 2.27% or $3.58 during the last trading session, reaching $161.43. About 94,058 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has declined 14.12% since November 7, 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 $8.29 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 15.88 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 Incorporated Common Stock (NYSE:JLL), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Jones Lang LaSalle Incorporated Common Stock has $20600 highest and $17500 lowest target. $185.75’s average target is 15.07% above currents $161.43 stock price. Jones Lang LaSalle Incorporated Common Stock had 7 analyst reports since May 10, 2019 according to SRatingsIntel. The rating was upgraded by UBS to “Buy” on Tuesday, July 30. The stock has “Buy” rating by Goldman Sachs on Friday, May 10. The rating was maintained by Barclays Capital with “Buy” on Friday, October 11. UBS maintained Jones Lang LaSalle Incorporated (NYSE:JLL) rating on Monday, August 12. UBS has “Buy” rating and $17800 target.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Bizjournals.com which released: “Zuckerman Gravely protests GSA lease consolidation – Washington – Washington Business Journal” on October 28, 2019, also Bizjournals.com with their article: “JLL closes $47.1 million deal on office building – Tampa Bay – Tampa Bay Business Journal” published on October 17, 2019, Prnewswire.com published: “JLL Income Property Trust Expands Offering to Include 1031 Like-kind Exchange Solution – PRNewswire” on October 16, 2019. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Seekingalpha.com and their article: “Jones Lang LaSalle Inc. (JLL) CEO Christian Ulbrich on Q3 2019 Results – Earnings Call Transcript – Seeking Alpha” published on November 06, 2019 as well as Benzinga.com‘s news article titled: “Dubai Housing Needs Fixing to Avoid Credit Crunch – Benzinga” with publication date: October 28, 2019.

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

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