Hillsdale Investment Management Inc. Takes $155,000 Position in J.Jill, Inc. (NYSE:JILL)

Hillsdale Investment Management Inc. purchased a new stake in J.Jill, Inc. (NYSE:JILL) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,000 shares of the specialty retailer’s stock, valued at approximately $155,000.

Several other hedge funds also recently made changes to their positions in JILL. Jump Financial LLC purchased a new position in J.Jill during the third quarter worth about $208,000. Janney Montgomery Scott LLC purchased a new position in shares of J.Jill in the 3rd quarter worth about $572,000. Barclays PLC boosted its holdings in shares of J.Jill by 175.7% in the 3rd quarter. Barclays PLC now owns 21,143 shares of the specialty retailer’s stock worth $625,000 after purchasing an additional 13,475 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of J.Jill in the 3rd quarter worth about $81,000. Finally, Strs Ohio boosted its holdings in shares of J.Jill by 117.9% in the 4th quarter. Strs Ohio now owns 8,500 shares of the specialty retailer’s stock worth $219,000 after purchasing an additional 4,600 shares in the last quarter. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, B. Riley reiterated a “buy” rating and issued a $38.00 price objective (up from $35.00) on shares of J.Jill in a report on Thursday, March 21st.

J.Jill Trading Up 0.3 %

NYSE JILL opened at $31.85 on Wednesday. J.Jill, Inc. has a 1-year low of $18.85 and a 1-year high of $32.96. The company has a current ratio of 0.89, a quick ratio of 0.55 and a debt-to-equity ratio of 3.24. The stock has a 50-day moving average of $28.07 and a 200-day moving average of $26.89. The firm has a market cap of $342.39 million, a PE ratio of 12.69 and a beta of 1.01.

J.Jill (NYSE:JILL) last released its earnings results on Wednesday, March 20th. The specialty retailer reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.24. J.Jill had a return on equity of 194.65% and a net margin of 6.00%. The company had revenue of $149.45 million during the quarter, compared to analyst estimates of $147.57 million. As a group, sell-side analysts forecast that J.Jill, Inc. will post 3.38 EPS for the current year.

J.Jill Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Wednesday, May 29th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Wednesday, May 29th.

Insider Activity

In other J.Jill news, Director Shelley B. Milano sold 948 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $29.25, for a total transaction of $27,729.00. Following the completion of the transaction, the director now owns 13,191 shares of the company’s stock, valued at approximately $385,836.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other J.Jill news, Director Michael A. Eck sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $29.67, for a total transaction of $445,050.00. Following the completion of the transaction, the director now owns 22,852 shares of the company’s stock, valued at approximately $678,018.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Shelley B. Milano sold 948 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $29.25, for a total value of $27,729.00. Following the transaction, the director now directly owns 13,191 shares of the company’s stock, valued at approximately $385,836.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,190 shares of company stock valued at $1,249,007. Insiders own 6.70% of the company’s stock.

J.Jill 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.