It Seems Jones Lang LaSalle Incorporated (JLL) Will Go Up. Just Reaches 52-Week High

March 13, 2018 - By Clifton Ray

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.16, from 1.12 in 2017Q2. It is positive, as 21 investors sold Jones Lang LaSalle Incorporated shares while 99 reduced holdings. 49 funds opened positions while 104 raised stakes. 39.55 million shares or 0.29% less from 39.67 million shares in 2017Q2 were reported.
Cornerstone reported 7 shares. Federated Inc Pa has invested 0.01% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Affinity Inv Ltd Company invested 0.23% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). New Amsterdam Ptnrs Ltd Limited Liability Company Ny holds 1,668 shares. Toronto Dominion Bancorp holds 1,913 shares or 0% of its portfolio. Ariel Lc holds 1.83% or 1.28M shares in its portfolio. First Natl Bank Of Omaha holds 0.22% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL) for 28,607 shares. Lombard Odier Asset Mngmt (Switzerland), a Switzerland-based fund reported 8,001 shares. Chevy Chase Trust Hldg holds 8,793 shares or 0% of its portfolio. Pennsylvania-based Ajo L P has invested 0.08% in Jones Lang LaSalle Incorporated (NYSE:JLL). Tcw Group, California-based fund reported 895,104 shares. Suntrust Banks Incorporated reported 0.01% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Jnba Advsrs holds 1,450 shares. Ftb has 175 shares for 0% of their portfolio. Oakbrook Investments Limited Liability Company has invested 0.03% in Jones Lang LaSalle Incorporated (NYSE:JLL).

Since December 11, 2017, it had 0 insider buys, and 2 insider sales for $1.80 million activity. 6,701 shares were sold by Nesbitt Martin H., worth $1.00M on Monday, December 11.

The stock of Jones Lang LaSalle Incorporated (NYSE:JLL) hit a new 52-week high and has $180.68 target or 4.00 % above today’s $173.73 share price. The 8 months bullish chart indicates low risk for the $7.89B company. The 1-year high was reported on Mar, 13 by If the $180.68 price target is reached, the company will be worth $315.56M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.38% or $2.36 during the last trading session, reaching $173.73. About 193,605 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has risen 4.94% since March 13, 2017 and is uptrending. It has underperformed by 11.76% the S&P500.

Analysts await Jones Lang LaSalle Incorporated (NYSE:JLL) to report earnings on May, 4. They expect $0.67 EPS, up 48.89 % or $0.22 from last year’s $0.45 per share. JLL’s profit will be $30.42M for 64.82 P/E if the $0.67 EPS becomes a reality. After $4.92 actual EPS reported by Jones Lang LaSalle Incorporated for the previous quarter, Wall Street now forecasts -86.38 % negative EPS growth.

Jones Lang LaSalle Incorporated (NYSE:JLL) Ratings Coverage

Among 10 analysts covering Jones Lang Lasalle Incorporated (NYSE:JLL), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Jones Lang Lasalle Incorporated had 30 analyst reports since August 12, 2015 according to SRatingsIntel. On Tuesday, March 6 the stock rating was maintained by Barclays Capital with “Overweight”. JMP Securities downgraded the stock to “Market Perform” rating in Wednesday, January 24 report. The stock of Jones Lang LaSalle Incorporated (NYSE:JLL) has “Hold” rating given on Wednesday, July 26 by UBS. The firm has “Hold” rating given on Tuesday, October 10 by Keefe Bruyette & Woods. Goldman Sachs upgraded Jones Lang LaSalle Incorporated (NYSE:JLL) on Friday, May 20 to “Buy” rating. The firm has “Overweight” rating given on Wednesday, September 2 by Barclays Capital. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, January 30 report. Barclays Capital maintained it with “Overweight” rating and $140 target in Tuesday, July 18 report. The firm has “Outperform” rating by William Blair given on Friday, March 24. The stock has “Overweight” rating by Barclays Capital on Tuesday, July 19.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: which released: “5 Reasons to Add Jones Lang LaSalle to Your Portfolio Now” on March 08, 2018, also with their article: “Jones Lang LaSalle Reaches Analyst Target Price” published on March 06, 2018, published: “ highlights: Jones Lang LaSalle, Lockheed Martin, Owens Corning …” on February 28, 2018. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: and their article: “CBRE Retains Commercial Property Investment Sales Top Spot” published on March 13, 2018 as well as‘s news article titled: “ highlights: Jones Lang LaSalle, Intel, Dollar General, AbbVie and …” with publication date: February 13, 2018.

Jones Lang LaSalle Incorporated, a financial and professional services company, provides commercial real estate and investment management services worldwide. The company has market cap of $7.89 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 services, research, facility management outsourcing, strategic consulting, technology solutions, advisory services, investment management, tenant representation, lease administration, transaction management, logistics and supply-chain management, valuations, mortgage origination and servicing, and value recovery and receivership services. It has a 31.3 P/E ratio. The firm also provides investment management services to institutional and retail investors, including high-net-worth individuals.

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