After Reaching Milestone, Is Jones Lang Lasalle Incorporated (NYSE:JLL)’s Short Interest Revealing Something?

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 is 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.
State Street Corp owns 1.62M shares or 0.02% of their US portfolio. Piedmont Invest Advsrs Inc has invested 0.03% in Jones Lang LaSalle Incorporated (NYSE:JLL). Allstate Corporation accumulated 10,502 shares. Nuveen Asset Mgmt has invested 0.02% in Jones Lang LaSalle Incorporated (NYSE:JLL). Jacobs Levy Equity Mgmt stated it has 0.01% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Howe And Rusling has invested 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). Asset Management One owns 30,436 shares for 0.02% of their portfolio. Alberta Invest Corporation reported 73,100 shares stake. Andra Ap holds 42,400 shares. The Louisiana-based Louisiana State Employees Retirement has invested 0.09% in Jones Lang LaSalle Incorporated (NYSE:JLL). Lpl Lc reported 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). Fmr Ltd Liability Company invested in 0.02% or 1.02M shares. Rbf Ltd Liability stated it has 0.03% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Brandywine Mngmt Lc invested 0.04% in Jones Lang LaSalle Incorporated (NYSE:JLL). Victory Cap Mngmt Inc holds 0.01% or 18,313 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 company was upgraded on Friday, May 10 by Goldman Sachs. UBS maintained Jones Lang LaSalle Incorporated (NYSE:JLL) rating on Monday, August 12. UBS has “Buy” rating and $17800 target. UBS upgraded Jones Lang LaSalle Incorporated (NYSE:JLL) on Tuesday, July 30 to “Buy” rating. Wood upgraded it to “Outperform” rating and $179 target in Wednesday, April 17 report.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Prnewswire.com which released: “JLL arranges $386M financing for 70 Pine Street – PRNewswire” on September 27, 2019, also Bizjournals.com with their article: “Largest Tenant Representation Firms in Greater DC – Washington – New York Business Journal” published on September 13, 2019, Bizjournals.com published: “JLL to acquire Peloton Commercial Real Estate; co-founding partners to join team – Dallas – Dallas Business Journal” on September 19, 2019. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Bizjournals.com and their article: “JLL marketing DC building leased to Uber, Steve Case’s Revolution – Washington – Washington Business Journal” published on October 10, 2019 as well as Prnewswire.com‘s news article titled: “JLL Announces Details of Third Quarter 2019 Earnings Release and Conference Call – PRNewswire” with publication date: October 10, 2019.

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

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