Shares of Jones Lang LaSalle Incorporated (JLL) Sees Large Outflow of Money

Jones Lang LaSalle Incorporated (JLL) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($1.87 million) and the uptick to downtick ratio was 0.82. The transaction value on upticks was $8.68 million and on downticks, the transaction value was $10.55 million. The transaction value of block trades during downticks was $0.1 million. The money flow was negative ($0 million), indicating the traders were booking profit on the price strength. Jones Lang LaSalle Incorporated (JLL) rose $1.13 at $117.46, during intraday Tuesday , a rise of 0.97% over the previous days close.


Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Jones Lang LaSalle Incorporated (NYSE:JLL). Barclays has a Overweight rating on the shares. As per the latest research report, the brokerage house lowers the price target to $132 per share from a prior target of $136. The rating by the firm was issued on August 18, 2016.

Shares of Jones Lang LaSalle Incorporated rose by 1.11% in the last five trading days and 7.5% for the last 4 weeks. Jones Lang LaSalle Incorporated has dropped 0.23% during the last 3-month period . Year-to-Date the stock performance stands at -26.08%.

Jones Lang LaSalle Incorporated (NYSE:JLL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $116.62 and $116.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $118.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $117.84, notching a gain of 1.30% for the day. The total traded volume was 356,747 . The stock had closed at $116.33 on the previous day.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Jones Lang Lasalle Inc, Di Piazza Samuel A Jr. had purchased shares worth of $246,400 in a transaction dated on June 21, 2016. A total of 2,200 shares were purchased at a price of $112 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Jones Lang LaSalle Incorporated (JLL) is a financial and professional services firm specializing in real estate. The Company operates through four business segments. JLL provides real estate services through three business segments: the Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific. JLLs fourth business segment is LaSalle Investment Management (LaSalle). The Company provides a range of integrated property, project management and transaction services locally, regionally and globally through its Americas, EMEA and Asia Pacific operating segments. The Company manages its investment management business globally as LaSalle. The Company provides a range of real estate services to real estate owners, occupiers, investors and developers for a range of property types. The Company offers its products and services under the JLL, LaSalle Investment Management and Tetris brands.

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