Will Jones Lang Lasalle Incorporated (NYSE:JLL) Run Out of Steam Soon? Short Interest is Up

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 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.
Hanson And Doremus Inv Management owns 250 shares. Quantum Cap Management holds 0.27% or 3,458 shares in its portfolio. Van Eck Assocs reported 0.12% in Jones Lang LaSalle Incorporated (NYSE:JLL). Livforsakringsbolaget Skandia Omsesidigt holds 400 shares. Qs Lc owns 4,016 shares. Globeflex Cap Ltd Partnership holds 0.16% in Jones Lang LaSalle Incorporated (NYSE:JLL) or 5,348 shares. Levin Cap Strategies L P invested in 1,500 shares. Axa holds 13,501 shares. Great Lakes Advsrs Ltd Limited Liability Company has invested 0.11% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Hexavest Incorporated holds 66 shares or 0% of its portfolio. Fort Washington Inv Advsr Oh invested in 845,097 shares. Royal London Asset Mngmt Ltd holds 0.12% in Jones Lang LaSalle Incorporated (NYSE:JLL) or 88,115 shares. Of Oklahoma stated it has 3,930 shares or 0% of all its holdings. Stifel holds 0% or 3,953 shares. Signaturefd Ltd Liability Com reported 0% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL).

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 September as published by FINRA. Its up 3.43% from 1.75 million 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 rating was upgraded by UBS on Tuesday, July 30 to “Buy”. Goldman Sachs upgraded the shares of JLL in report on Friday, May 10 to “Buy” rating. UBS maintained it with “Buy” rating and $17800 target in Monday, August 12 report. The firm earned “Outperform” rating on Wednesday, April 17 by Wood.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Finance.Yahoo.com which released: “Al Gore Loves These 3 Stocks – Yahoo Finance” on September 08, 2019, also Finance.Yahoo.com with 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, Finance.Yahoo.com published: “JLL Reports Another Record Performance with Continued Momentum through Q2 2019 – Yahoo Finance” on August 06, 2019. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Finance.Yahoo.com and their article: “Did Jones Lang LaSalle Incorporated (NYSE:JLL) Use Debt To Deliver Its ROE Of 12%? – Yahoo Finance” published on July 18, 2019 as well as Bizjournals.com‘s news article titled: “Pullman Yard developer to activate site with Filipino pop-up kitchen – Atlanta Business Chronicle” with publication date: August 14, 2019.

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

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