CenterBook Partners LP Purchases 24,231 Shares of J.Jill, Inc. $JILL

CenterBook Partners LP purchased a new stake in J.Jill, Inc. (NYSE:JILL – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund purchased 24,231 shares of the specialty retailer’s stock, valued at approximately $591,000.

A number of other large investors have also recently bought and sold shares of JILL. Fund 1 Investments LLC raised its stake in J.Jill by 96.8% during the second quarter. Fund 1 Investments LLC now owns 1,328,949 shares of the specialty retailer’s stock worth $21,090,000 after acquiring an additional 653,645 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of J.Jill by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 279,496 shares of the specialty retailer’s stock valued at $3,208,000 after acquiring an additional 8,172 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of J.Jill by 12.7% during the first quarter. Janney Montgomery Scott LLC now owns 31,129 shares of the specialty retailer’s stock valued at $357,000 after acquiring an additional 3,499 shares during the period. 40.71% of the stock is currently owned by institutional investors.

J.Jill Stock Performance

NYSE:JILL opened at $22.28 on Thursday. The stock has a market capitalization of $331.08 million, a P/E ratio of 12.45 and a beta of 0.86. The company has a current ratio of 1.30, a quick ratio of 0.86 and a debt-to-equity ratio of 0.51. J.Jill, Inc. has a 1 year low of $10.40 and a 1 year high of $25.14. The firm has a 50 day moving average of $23.38 and a 200-day moving average of $17.43.

J.Jill (NYSE:JILL – Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The specialty retailer reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.67. The business had revenue of $154.83 million for the quarter, compared to analyst estimates of $151.26 million. J.Jill had a return on equity of 28.51% and a net margin of 4.62%. As a group, sell-side analysts anticipate that J.Jill, Inc. will post 1.23 EPS for the current fiscal year.

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Shareholders of record on Wednesday, September 23rd were given a $0.09 dividend. The ex-dividend date was Wednesday, September 23rd. This represents a $0.36 annualized dividend and a yield of 1.6%. J.Jill’s payout ratio is presently 20.11%.

Insiders Place Their Bets

In other news, EVP Mark Webb sold 25,000 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $23.28, for a total transaction of $582,000.00. Following the sale, the executive vice president owned 121,793 shares in the company, valued at approximately $2,835,341.04. This represents a 17.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elliot Staples sold 13,287 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $24.20, for a total value of $321,545.40. Following the completion of the sale, the insider owned 60,270 shares of the company’s stock, valued at approximately $1,458,534. This trade represents a 18.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 73,287 shares of company stock worth $1,651,880. Insiders own 4.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on JILL shares. TD Cowen restated a “hold” rating and issued a $25.00 target price (up from $22.00) on shares of J.Jill in a research note on Monday, October 5th. Weiss Ratings raised shares of J.Jill from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. BTIG Research increased their target price on shares of J.Jill from $18.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. Jefferies Financial Group reiterated a “buy” rating and set a $25.00 target price (up from $16.00) on shares of J.Jill in a research report on Wednesday, September 9th. Finally, Telsey Advisory Group lifted their price target on shares of J.Jill from $18.00 to $23.00 and gave the company a “market perform” rating in a report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, J.Jill has an average rating of “Hold” and a consensus target price of $24.50.

Get Our Latest Stock Report on JILL

About J.Jill

(Free Report)

J.Jill, Inc. is a women’s apparel retailer focused on comfortable, versatile clothing and accessories. Its merchandise includes apparel, footwear and accessories designed for everyday wear. The company uses an omnichannel model, selling through its retail stores, website and catalogs. J.Jill traces its roots to a New England catalog business established in 1959. J.Jill primarily serves customers in the United States through its stores and digital channels.

Further Reading

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Institutional Ownership by Quarter for J.Jill (NYSE:JILL)

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