Ownership Action Report: Anti-Jones Lang Lasalle Inc Institutional Investors Sentiment Runs Low in Q2 2016

November 29, 2016 - By Clifton Ray   ·   0 Comments

Ownership Action Report: Anti Jones Lang Lasalle Inc Institutional Investors Sentiment Runs Low in  Q2 2016

Sentiment for Jones Lang Lasalle Inc (NYSE:JLL)

Jones Lang Lasalle Inc (NYSE:JLL) institutional sentiment decreased to 0.75 in Q2 2016. Its down -0.56, from 1.31 in 2016Q1. The ratio dropped, as 198 investment managers started new or increased positions, while 151 sold and decreased their holdings in Jones Lang Lasalle Inc. The investment managers in our partner’s database now own: 38.71 million shares, down from 38.97 million shares in 2016Q1. Also, the number of investment managers holding Jones Lang Lasalle Inc in their top 10 positions decreased from 3 to 2 for a decrease of 1. Sold All: 52 Reduced: 99 Increased: 139 New Position: 59.

Jones Lang LaSalle Incorporated is a financial and professional services firm specializing in real estate. The company has a market cap of $4.56 billion. The Firm operates through four business divisions: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It has a 13.21 P/E ratio. JLL provides real estate services (RES) through three business divisions: the Americas, EMEA and Asia Pacific.

About 57,227 shares traded hands. Jones Lang LaSalle Inc (NYSE:JLL) has declined 15.64% since April 26, 2016 and is downtrending. It has underperformed by 20.90% the S&P500.

Analysts await Jones Lang LaSalle Inc (NYSE:JLL) to report earnings on February, 1. They expect $4.23 EPS, down 6.62% or $0.30 from last year’s $4.53 per share. JLL’s profit will be $190.75M for 5.98 P/E if the $4.23 EPS becomes a reality. After $1.42 actual EPS reported by Jones Lang LaSalle Inc for the previous quarter, Wall Street now forecasts 197.89% EPS growth.

According to Zacks Investment Research, “Jones Lang Lasalle, Inc. is a leading full-service real estate firm that provides management services, corporate and financial services and investment management services to corporations and other real estate owners, users and investors worldwide. By offering a broad range of real estate products and services, and through its extensive knowledge of domestic and international real estate markets, the company is able to serve as a single source provider of solutions for its clients’ full range of real estate needs.”

Kerrisdale Advisers Llc holds 7.75% of its portfolio in Jones Lang LaSalle Inc for 495,801 shares. Silver Capital Management Llc owns 10,670 shares or 4.95% of their US portfolio. Moreover, Pekin Singer Strauss Asset Management Il has 3.06% invested in the company for 142,891 shares. The United Kingdom-based Generation Investment Management Llp has invested 2.49% in the stock. Three Corner Global Investors Lp, a New York-based fund reported 58,500 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 insider sale for $115,000 net activity.

Jones Lang LaSalle Inc (NYSE:JLL) Ratings Coverage

Ratings analysis reveals 71% of Jones Lang Lasalle Incorporated’s analysts are positive. Out of 7 Wall Street analysts rating Jones Lang Lasalle Incorporated, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $126 while the high is $195.0. The stock’s average target of $148.57 is 46.92% above today’s ($101.12) share price. JLL was included in 12 notes of analysts from August 12, 2015. The firm has “Buy” rating given on Friday, May 20 by Goldman Sachs. The firm has “Neutral” rating given on Wednesday, August 26 by Sterne Agee CRT. Goldman Sachs downgraded Jones Lang LaSalle Inc (NYSE:JLL) on Wednesday, August 12 to “Neutral” rating. The rating was initiated by Wood on Monday, May 16 with “Outperform”. The stock of Jones Lang LaSalle Inc (NYSE:JLL) earned “Overweight” rating by Barclays Capital on Tuesday, July 19. On Monday, May 16 the stock rating was maintained by Barclays Capital with “Overweight”. As per Wednesday, September 2, the company rating was maintained by Barclays Capital. On Monday, May 16 the stock rating was initiated by Keefe Bruyette & Woods with “Outperform”. On Thursday, October 6 the stock rating was initiated by Wedbush with “Neutral”.

JLL Company Profile

Jones Lang LaSalle Incorporated (JLL), incorporated on April 15, 1997, is a financial and professional services firm specializing in real estate. The Firm operates through four business divisions: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It offers integrated services on a local, regional and global basis to owner, occupier, investor and developer clients seeking increased value by owning, occupying or investing in real estate. It has over 280 corporate offices across the world, from which it provides services to clients in over 80 countries. JLL provides real estate services (RES) through three business divisions: the Americas, EMEA and Asia Pacific. The Company’s range of real estate services include agency leasing, capital markets, corporate finance, energy and sustainability services, facility management outsourcing (occupiers), investment management, lease administration, logistics and supply-chain management, mortgage origination and servicing, project and development management/construction, property management (investors), real estate investment banking/merchant banking, research, strategic consulting and advisory services, tenant representation, transaction management, valuations and value recovery and receivership services. JLL offers its services for a range of property types, including critical environments and data centers, infrastructure projects, cultural facilities, military housing, educational facilities, office properties, Government facilities, residential properties (individual and multi-family), healthcare and laboratory facilities, retail properties and shopping malls, hotels and hospitality facilities, sports facilities, industrial and warehouse properties, and transportation centers.

More notable recent Jones Lang LaSalle Inc (NYSE:JLL) news were published by: Bloomberg.com which released: “Jones Lang LaSalle to Replace Retiring Dyer With Ulbrich as CEO” on August 24, 2016, also Chicagobusiness.com with their article: “A rough ride for Jones Lang LaSalle” published on February 27, 2016, Marketwatch.com published: “Jones Lang LaSalle CEO to step down” on August 24, 2016. More interesting news about Jones Lang LaSalle Inc (NYSE:JLL) were released by: Barrons.com and their article: “The Case for Buying Jones Lang LaSalle” published on May 28, 2016 as well as Bloomberg.com‘s news article titled: “Jones Lang, CBRE Fall as Brexit Bodes U.K. Real Estate Pause” with publication date: June 24, 2016.

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By Clifton Ray


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