J.Jill, Inc. $JILL Shares Purchased by Fund 1 Investments LLC
by Sarita Garza · The Markets DailyFund 1 Investments LLC grew its holdings in shares of J.Jill, Inc. (NYSE:JILL – Free Report) by 22.8% in the 2nd quarter, Holdings Channel reports. The fund owned 936,248 shares of the specialty retailer’s stock after acquiring an additional 173,785 shares during the period. J.Jill accounts for about 1.1% of Fund 1 Investments LLC’s investment portfolio, making the stock its 17th biggest position. Fund 1 Investments LLC owned 0.06% of J.Jill worth $13,707,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of JILL. Rhumbline Advisers boosted its holdings in J.Jill by 11.7% in the first quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock valued at $154,000 after purchasing an additional 829 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of J.Jill by 3.7% during the 2nd quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer’s stock valued at $347,000 after buying an additional 840 shares during the last quarter. SummerHaven Investment Management LLC boosted its stake in shares of J.Jill by 4.1% during the 2nd quarter. SummerHaven Investment Management LLC now owns 23,834 shares of the specialty retailer’s stock valued at $349,000 after buying an additional 930 shares during the last quarter. American Century Companies Inc. grew its position in shares of J.Jill by 10.9% during the first quarter. American Century Companies Inc. now owns 13,604 shares of the specialty retailer’s stock worth $266,000 after buying an additional 1,337 shares in the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in shares of J.Jill in the first quarter worth $43,000. Institutional investors and hedge funds own 40.71% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have commented on JILL. TD Cowen increased their price objective on shares of J.Jill from $16.00 to $17.00 and gave the company a “hold” rating in a research note on Thursday, September 4th. Telsey Advisory Group cut their target price on shares of J.Jill from $17.00 to $16.00 and set a “market perform” rating on the stock in a research note on Wednesday. Wall Street Zen downgraded J.Jill from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reissued a “sell (d+)” rating on shares of J.Jill in a report on Wednesday, October 8th. Finally, Jefferies Financial Group set a $18.00 target price on J.Jill in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.00.
Get Our Latest Analysis on JILL
J.Jill Trading Up 0.3%
J.Jill stock opened at $14.10 on Friday. J.Jill, Inc. has a 1 year low of $13.32 and a 1 year high of $28.94. The firm’s 50-day moving average is $15.21 and its 200-day moving average is $15.81. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.15. The company has a market cap of $213.05 million, a P/E ratio of 6.44 and a beta of 0.90.
J.Jill (NYSE:JILL – Get Free Report) last released its quarterly earnings data on Wednesday, December 10th. The specialty retailer reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.18. J.Jill had a net margin of 5.60% and a return on equity of 36.33%. The firm had revenue of $150.53 million for the quarter, compared to analyst estimates of $148.38 million. During the same quarter in the prior year, the business earned $0.89 earnings per share. On average, equities analysts expect that J.Jill, Inc. will post 3.36 earnings per share for the current year.
J.Jill Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 24th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, December 24th. This represents a $0.32 annualized dividend and a dividend yield of 2.3%. J.Jill’s dividend payout ratio (DPR) is 14.61%.
J.Jill Company Profile
J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers apparel, footwear, and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs. J.Jill, Inc was founded in 1959 and is headquartered in Quincy, Massachusetts.
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