As Jones Lang Lasalle INC (JLL) Stock Rose, Paloma Partners Management Company Lowered Holding

June 16, 2018 - By Richard Conner

Jones Lang LaSalle Incorporated (NYSE:JLL) LogoInvestors sentiment decreased to 1.13 in Q1 2018. Its down 0.08, from 1.21 in 2017Q4. It worsened, as 34 investors sold JLL shares while 110 reduced holdings. 50 funds opened positions while 112 raised stakes. 40.41 million shares or 1.47% more from 39.82 million shares in 2017Q4 were reported. Nomura Asset Mngmt Company stated it has 0.01% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Stevens Mngmt LP invested in 20,255 shares. Gemmer Asset Management Limited Liability Co accumulated 76 shares or 0% of the stock. The California-based San Francisco Sentry Investment Group (Ca) has invested 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). Dupont Capital has invested 0.06% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). Kbc Grp Nv owns 0.08% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 48,836 shares. Moreover, Generation Management Limited Liability Partnership has 7.35% invested in Jones Lang LaSalle Incorporated (NYSE:JLL). Utd Capital Advisers Ltd Liability Corporation owns 11,279 shares for 0.02% of their portfolio. Ajo Lp owns 1.04 million shares. Mutual Of America Capital Mngmt Ltd Llc reported 37,247 shares. Clearbridge Invs holds 847,715 shares or 0.14% of its portfolio. Lombard Odier Asset Mngmt (Switzerland) reported 0.09% in Jones Lang LaSalle Incorporated (NYSE:JLL). Earnest Ptnrs Ltd Liability Corp holds 26 shares. Commonwealth National Bank & Trust Of invested 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). Qs Llc invested in 0% or 2,082 shares.

Since March 2, 2018, it had 0 insider buys, and 3 insider sales for $2.59 million activity. O’Brien Greg had sold 10,395 shares worth $1.75 million.

Paloma Partners Management Company decreased its stake in Jones Lang Lasalle Inc (JLL) by 24.4% based on its latest 2018Q1 regulatory filing with the SEC. Paloma Partners Management Company sold 34,130 shares as the company’s stock rose 4.16% while stock markets declined. The institutional investor held 105,743 shares of the real estate company at the end of 2018Q1, valued at $18.47M, down from 139,873 at the end of the previous reported quarter. Paloma Partners Management Company who had been investing in Jones Lang Lasalle Inc for a number of months, seems to be less bullish one the $7.62B market cap company. The stock decreased 1.79% or $3.05 during the last trading session, reaching $167.45. About 442,351 shares traded or 14.69% up from the average. Jones Lang LaSalle Incorporated (NYSE:JLL) has risen 48.48% since June 16, 2017 and is uptrending. It has outperformed by 35.91% the S&P500.

Paloma Partners Management Company, which manages about $6.35 billion US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 29,983 shares to 43,983 shares, valued at $4.84M in 2018Q1, according to the filing. It also increased its holding in Lockheed Martin Corp (NYSE:LMT) by 13,901 shares in the quarter, for a total of 24,801 shares, and has risen its stake in Micron Tech Inc (Put) (NASDAQ:MU).

Analysts await Jones Lang LaSalle Incorporated (NYSE:JLL) to report earnings on August, 1. They expect $2.29 earnings per share, up 25.82 % or $0.47 from last year’s $1.82 per share. JLL’s profit will be $104.17 million for 18.28 P/E if the $2.29 EPS becomes a reality. After $0.97 actual earnings per share reported by Jones Lang LaSalle Incorporated for the previous quarter, Wall Street now forecasts 136.08 % EPS growth.

More notable recent Jones Lang LaSalle Incorporated (NYSE:JLL) news were published by: Prnewswire.com which released: “JLL continues its climb up Fortune 500” on May 21, 2018, also Seekingalpha.com with their article: “Tracking Al Gore’s Generation Investment Management Portfolio – Q1 2018 Update” published on May 26, 2018, Prnewswire.com published: “JLL arranges financing, completes sale for New York’s iconic 5 Bryant Park” on May 31, 2018. More interesting news about Jones Lang LaSalle Incorporated (NYSE:JLL) were released by: Prnewswire.com and their article: “JLL names Alan Tse general counsel” published on June 14, 2018 as well as Bizjournals.com‘s news article titled: “Construction has begun on new West Loop office space (PHOTOS)” with publication date: May 31, 2018.

Jones Lang LaSalle Incorporated (NYSE:JLL) Ratings Coverage

Among 8 analysts covering Jones Lang Lasalle Inc (NYSE:JLL), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Jones Lang Lasalle Inc had 11 analyst reports since December 21, 2017 according to SRatingsIntel. On Friday, February 2 the stock rating was reinitiated by William Blair with “Buy”. As per Monday, February 12, the company rating was maintained by Wedbush. Barclays Capital maintained Jones Lang LaSalle Incorporated (NYSE:JLL) on Tuesday, January 30 with “Overweight” rating. Keefe Bruyette & Woods maintained Jones Lang LaSalle Incorporated (NYSE:JLL) on Thursday, December 21 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, February 7. JP Morgan maintained Jones Lang LaSalle Incorporated (NYSE:JLL) on Tuesday, March 27 with “Overweight” rating. The firm has “Buy” rating given on Wednesday, May 16 by Barclays Capital. The firm earned “Buy” rating on Tuesday, February 6 by Raymond James. The rating was downgraded by JMP Securities to “Market Perform” on Wednesday, January 24. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, March 6 report.

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

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