Denali Advisors Lowered Its Stake in Jones Lang Lasalle (JLL) by $1.69 Million; Bank Pictet & Cie Asia LTD Has Lowered Its Visa (V) Holding by $514,500 as Market Value Rose

January 14, 2018 - By Evgen Dobrzhanskiy

Denali Advisors Llc decreased its stake in Jones Lang Lasalle Inc (JLL) by 78.29% based on its latest 2017Q3 regulatory filing with the SEC. Denali Advisors Llc sold 13,700 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 3,800 shares of the real estate company at the end of 2017Q3, valued at $469,000, down from 17,500 at the end of the previous reported quarter. Denali Advisors Llc who had been investing in Jones Lang Lasalle Inc for a number of months, seems to be less bullish one the $6.98 billion market cap company. The stock decreased 0.38% or $0.58 during the last trading session, reaching $153.87. About 112,838 shares traded. Jones Lang LaSalle Incorporated (NYSE:JLL) has risen 4.94% since January 14, 2017 and is uptrending. It has underperformed by 11.76% the S&P500.

Bank Pictet & Cie Asia Ltd decreased its stake in Visa Inc (V) by 33.36% based on its latest 2017Q3 regulatory filing with the SEC. Bank Pictet & Cie Asia Ltd sold 4,900 shares as the company’s stock rose 5.74% with the market. The institutional investor held 9,790 shares of the business services company at the end of 2017Q3, valued at $1.03 million, down from 14,690 at the end of the previous reported quarter. Bank Pictet & Cie Asia Ltd who had been investing in Visa Inc for a number of months, seems to be less bullish one the $272.15 billion market cap company. The stock increased 0.21% or $0.25 during the last trading session, reaching $120.09. About 5.59M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since January 14, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Analysts await Jones Lang LaSalle Incorporated (NYSE:JLL) to report earnings on February, 5. They expect $4.27 EPS, up 8.10% or $0.32 from last year’s $3.95 per share. JLL’s profit will be $193.73 million for 9.01 P/E if the $4.27 EPS becomes a reality. After $1.96 actual EPS reported by Jones Lang LaSalle Incorporated for the previous quarter, Wall Street now forecasts 117.86% EPS growth.

Among 9 analysts covering Jones Lang Lasalle Incorporated (NYSE:JLL), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Jones Lang Lasalle Incorporated had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Jones Lang LaSalle Incorporated (NYSE:JLL) has “Neutral” rating given on Thursday, October 6 by Wedbush. As per Thursday, July 20, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Overweight” rating by Barclays Capital on Wednesday, September 2. The firm has “Overweight” rating by Barclays Capital given on Tuesday, July 18. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Tuesday, December 13 report. Sterne Agee CRT initiated Jones Lang LaSalle Incorporated (NYSE:JLL) rating on Wednesday, August 26. Sterne Agee CRT has “Neutral” rating and $195.0 target. Goldman Sachs upgraded Jones Lang LaSalle Incorporated (NYSE:JLL) on Friday, May 20 to “Buy” rating. As per Wednesday, August 12, the company rating was downgraded by Goldman Sachs. On Monday, May 16 the stock rating was initiated by Wood with “Outperform”. Barclays Capital maintained the shares of JLL in report on Monday, May 16 with “Overweight” rating.

Denali Advisors Llc, which manages about $357.49 million and $604.52M US Long portfolio, upped its stake in United Continental Hldg Inc. (NYSE:UAL) by 42,500 shares to 176,800 shares, valued at $10.76M in 2017Q3, according to the filing. It also increased its holding in Eastman Chemical Co. (NYSE:EMN) by 5,000 shares in the quarter, for a total of 35,600 shares, and has risen its stake in Dunkin’ Brands Group Inc. (NASDAQ:DNKN).

Investors sentiment increased to 1.28 in 2017 Q3. Its up 0.16, from 1.12 in 2017Q2. It is positive, as 21 investors sold JLL 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. Aperio Grp Ltd Limited Liability Company holds 0.03% or 41,171 shares in its portfolio. Rafferty Asset Mngmt Ltd Liability Corp invested in 0.02% or 7,535 shares. Envestnet Asset Mngmt has 0% invested in Jones Lang LaSalle Incorporated (NYSE:JLL). Moreover, Martingale Asset Management LP has 0.06% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 34,246 shares. Commonwealth Bancorporation Of has 0% invested in Jones Lang LaSalle Incorporated (NYSE:JLL) for 570 shares. Schroder Investment Mgmt Group has invested 0% in Jones Lang LaSalle Incorporated (NYSE:JLL). 1832 Asset Mngmt LP stated it has 0% of its portfolio in Jones Lang LaSalle Incorporated (NYSE:JLL). 15,682 were reported by Oppenheimer Asset Management. Winfield Assoc holds 0% or 10 shares in its portfolio. Texas Permanent School Fund has invested 0.05% in Jones Lang LaSalle Incorporated (NYSE:JLL). Denali Lc holds 0.08% or 3,800 shares. Bb&T has invested 0.01% in Jones Lang LaSalle Incorporated (NYSE:JLL). Tci Wealth holds 6 shares. Cantab Capital Llp has 9,239 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt has 6,613 shares for 0.01% of their portfolio.

Since August 15, 2017, it had 0 insider purchases, and 2 selling transactions for $1.12 million activity. 6,701 Jones Lang LaSalle Incorporated (NYSE:JLL) shares with value of $1.00 million were sold by Nesbitt Martin H..

Analysts await Visa Inc. (NYSE:V) to report earnings on February, 1. They expect $0.97 EPS, up 12.79% or $0.11 from last year’s $0.86 per share. V’s profit will be $2.20B for 30.95 P/E if the $0.97 EPS becomes a reality. After $0.90 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts 7.78% EPS growth.

Among 40 analysts covering Visa Inc. (NYSE:V), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Visa Inc. had 101 analyst reports since July 21, 2015 according to SRatingsIntel. JP Morgan maintained the shares of V in report on Friday, August 14 with “Overweight” rating. Mizuho maintained Visa Inc. (NYSE:V) on Wednesday, October 11 with “Buy” rating. The firm has “Buy” rating given on Friday, July 21 by Instinet. The stock has “Buy” rating by Jefferies on Friday, June 23. As per Wednesday, October 25, the company rating was maintained by Oppenheimer. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Tuesday, October 25 by UBS. The firm has “Buy” rating given on Monday, August 21 by RBC Capital Markets. The firm has “Buy” rating by Stifel Nicolaus given on Friday, February 3. The company was maintained on Thursday, July 20 by RBC Capital Markets. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, November 3.

Bank Pictet & Cie Asia Ltd, which manages about $211.96 million US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 577 shares to 17,210 shares, valued at $16.55 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (INDA) by 10,150 shares in the quarter, for a total of 36,750 shares, and has risen its stake in Alphabet Inc.

Since August 17, 2017, it had 0 buys, and 3 sales for $7.43 million activity. On Thursday, August 17 the insider CRANSTON MARY B sold $1.07M. Another trade for 49,702 shares valued at $5.65M was made by MAHON TULLIER KELLY on Friday, December 15.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It worsened, as 48 investors sold V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported. Palisades Hudson Asset Mgmt LP owns 3,488 shares. Triangle Securities Wealth Mngmt holds 1.47% in Visa Inc. (NYSE:V) or 23,493 shares. Torch Wealth Mgmt Ltd Co owns 27,487 shares. Putnam Fl Mngmt has 253,041 shares. 5,229 are held by Hemenway Lc. 21.28M were reported by Jennison Assocs Lc. State Of New Jersey Common Pension Fund D has 2.49 million shares. Factory Mutual Ins stated it has 1.01% in Visa Inc. (NYSE:V). Columbus Circle Investors owns 913,696 shares. Scott & Selber owns 26,816 shares. 8,700 are owned by Lehman Fincl. Citigroup Incorporated stated it has 0.11% of its portfolio in Visa Inc. (NYSE:V). Fiera Cap has 340,764 shares. Jefferies Gp Limited Liability Company reported 12,962 shares. Arrowmark Colorado Limited, a Colorado-based fund reported 8,294 shares.

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