Boston Partners decreased its position in shares of J.Jill, Inc. (NYSE:JILL – Free Report) by 5.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 133,580 shares of the specialty retailer’s stock after selling 7,732 shares during the period. Boston Partners’ holdings in J.Jill were worth $2,863,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Banque Cantonale Vaudoise acquired a new stake in shares of J.Jill in the second quarter valued at $73,000. Royce & Associates LP raised its holdings in shares of J.Jill by 4.6% in the 2nd quarter. Royce & Associates LP now owns 394,918 shares of the specialty retailer’s stock valued at $8,463,000 after purchasing an additional 17,265 shares in the last quarter. State of Tennessee Treasury Department raised its holdings in shares of J.Jill by 11.1% in the 1st quarter. State of Tennessee Treasury Department now owns 6,073 shares of the specialty retailer’s stock valued at $158,000 after purchasing an additional 605 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of J.Jill by 12,780.0% in the 1st quarter. Bank of America Corp DE now owns 1,932 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 1,917 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of J.Jill by 933.0% in the 4th quarter. UBS Group AG now owns 1,849 shares of the specialty retailer’s stock valued at $46,000 after purchasing an additional 1,670 shares in the last quarter. 33.63% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, B. Riley initiated coverage on shares of J.Jill in a report on Wednesday, October 11th. They set a “buy” rating and a $35.00 price objective on the stock.
J.Jill Trading Down 0.4 %
JILL opened at $31.30 on Tuesday. The firm has a market cap of $331.87 million, a price-to-earnings ratio of 15.12 and a beta of 1.06. J.Jill, Inc. has a 52 week low of $18.85 and a 52 week high of $32.26. The business’s 50 day moving average is $28.59 and its two-hundred day moving average is $24.37. The company has a quick ratio of 0.60, a current ratio of 0.98 and a debt-to-equity ratio of 7.86.
J.Jill (NYSE:JILL – Get Free Report) last released its quarterly earnings results on Thursday, August 31st. The specialty retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $0.80 by $0.30. The company had revenue of $155.67 million for the quarter, compared to analyst estimates of $152.40 million. J.Jill had a return on equity of 835.50% and a net margin of 4.95%. During the same quarter in the previous year, the company posted $1.24 earnings per share. On average, research analysts predict that J.Jill, Inc. will post 2.83 EPS for the current year.
Insider Activity at J.Jill
In related news, major shareholder Fund 1 Investments, Llc sold 27,743 shares of the stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $29.55, for a total value of $819,805.65. Following the sale, the insider now directly owns 1,105,357 shares of the company’s stock, valued at approximately $32,663,299.35. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 6.50% of the company’s stock.
J.Jill, Inc operates as an omnichannel retailer for women's apparel under the J.Jill brand in the United States. It offers casual wear, athletic wear, and loungewear; footwear; and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs.
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