In today’s session Jones Lang LaSalle Inc (JLL) registered an unusually high (1,075) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious JLL increase. With 1,075 contracts traded and 1084 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: JLL161216C00105000 closed last at: $0.6 or 66.7% down. About 435,436 shares traded hands or 3.16% up from the average. Jones Lang LaSalle Inc (NYSE:JLL) has declined 24.65% since April 4, 2016 and is downtrending. It has underperformed by 25.74% the S&P500.
Jones Lang LaSalle Inc (NYSE:JLL) Ratings Coverage
Out of 7 analysts covering Jones Lang Lasalle Incorporated (NYSE:JLL), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Jones Lang Lasalle Incorporated has been the topic of 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Wedbush initiated Jones Lang LaSalle Inc (NYSE:JLL) rating on Thursday, October 6. Wedbush has “Neutral” rating and $126 price target. The firm has “Buy” rating by Goldman Sachs given on Friday, May 20. Barclays Capital maintained Jones Lang LaSalle Inc (NYSE:JLL) on Wednesday, September 2 with “Overweight” rating. Barclays Capital maintained the shares of JLL in a report on Tuesday, July 19 with “Overweight” rating. As per Wednesday, August 26, the company rating was initiated by Sterne Agee CRT. The stock has “Neutral” rating given by Goldman Sachs on Wednesday, August 12. The stock has “Overweight” rating given by Barclays Capital on Monday, May 16. The company was initiated on Monday, May 16 by Keefe Bruyette & Woods. The firm has “Outperform” rating by Wood given on Monday, May 16.
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.”
Insitutional Activity: The institutional sentiment increased to 1.31 in 2016 Q2. Its up 0.27, from 1.04 in 2016Q1. The ratio is positive, as 52 funds sold all Jones Lang LaSalle Inc shares owned while 99 reduced positions. 59 funds bought stakes while 139 increased positions. They now own 38.71 million shares or 0.66% less from 38.97 million shares in 2016Q1.
Allianz Asset Ag, a Germany-based fund reported 22,417 shares. Silver Mgmt Ltd Liability accumulated 10,670 shares or 4.95% of the stock. Ladenburg Thalmann Fin Svcs reported 2,247 shares or 0% of all its holdings. Barclays Public Limited Company has 12,565 shares for 0% of their US portfolio. Commonwealth Of Pennsylvania School Empls Retrmt last reported 8,684 shares in the company. Tudor Investment Corp Et Al accumulated 0% or 2,400 shares. First Quadrant Lp Ca accumulated 2,063 shares or 0% of the stock. Utd Automobile Association owns 6,436 shares or 0% of their US portfolio. California State Teachers Retirement holds 0.02% of its portfolio in Jones Lang LaSalle Inc (NYSE:JLL) for 97,939 shares. Moreover, Amalgamated Financial Bank has 0.04% invested in Jones Lang LaSalle Inc (NYSE:JLL) for 6,118 shares. Pax World Ltd Liability has 14,835 shares for 0.08% of their US portfolio. The New York-based Springbok Capital Management Limited Com has invested 0.01% in Jones Lang LaSalle Inc (NYSE:JLL). Wasatch Advisors last reported 9,958 shares in the company. City Hldg holds 18 shares or 0% of its portfolio. Ww Asset, a Michigan-based fund reported 2,378 shares.
Insider Transactions: Since September 19, 2016, the stock had 0 buys, and 1 sale for $115,000 net activity. PENROSE SHEILA A had sold 1,000 shares worth $115,000.
Jones Lang LaSalle Incorporated is a financial and professional services firm specializing in real estate. The company has a market cap of $3.84 billion. The Firm operates through four business divisions: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle. It has a 11.89 P/E ratio. JLL provides real estate services (RES) through three business divisions: the Americas, EMEA and Asia Pacific.
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 Nasdaq.com with their article: “Jones Lang LaSalle (JLL) Q3 Earnings Lag, Fall Y/Y; Sales Up” published on November 03, 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: Chicagobusiness.com and their article: “A rough ride for Jones Lang LaSalle” published on February 27, 2016 as well as Barrons.com‘s news article titled: “The Case for Buying Jones Lang LaSalle” with publication date: May 28, 2016.
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