J.Jill (NYSE:JILL) Downgraded by Zacks Research to Hold

Zacks Research downgraded shares of J.Jill (NYSE:JILL) from a strong-buy rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

A number of other analysts have also recently weighed in on the stock. Wall Street Zen raised shares of J.Jill from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. TD Cowen reaffirmed a “hold” rating on shares of J.Jill in a report on Wednesday, January 14th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of J.Jill in a research report on Thursday, January 22nd. Telsey Advisory Group reiterated a “market perform” rating and set a $16.00 price objective on shares of J.Jill in a research note on Tuesday, January 13th. Finally, BTIG Research cut their target price on shares of J.Jill from $26.00 to $21.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, J.Jill presently has a consensus rating of “Hold” and an average target price of $18.00.

J.Jill Stock Performance

JILL stock opened at $15.52 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.64 and a debt-to-equity ratio of 0.55. The firm has a market cap of $234.51 million, a P/E ratio of 7.09 and a beta of 0.92. J.Jill has a 12-month low of $13.32 and a 12-month high of $22.24. The stock’s 50 day simple moving average is $16.38 and its 200 day simple moving average is $15.91.

Institutional Trading of J.Jill

A number of large investors have recently modified their holdings of JILL. BNP Paribas Financial Markets lifted its position in J.Jill by 83.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 673 shares during the last quarter. Bank of America Corp DE grew its position in J.Jill by 1.8% in the 3rd quarter. Bank of America Corp DE now owns 40,210 shares of the specialty retailer’s stock worth $690,000 after purchasing an additional 717 shares during the last quarter. Rhumbline Advisers grew its position in J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock worth $154,000 after purchasing an additional 829 shares during the last quarter. First Trust Advisors LP increased its stake in shares of J.Jill by 3.7% in the second quarter. First Trust Advisors LP now owns 23,682 shares of the specialty retailer’s stock valued at $347,000 after purchasing an additional 840 shares during the period. Finally, Barclays PLC increased its stake in shares of J.Jill by 10.8% in the fourth quarter. Barclays PLC now owns 11,417 shares of the specialty retailer’s stock valued at $157,000 after purchasing an additional 1,111 shares during the period. Institutional investors and hedge funds own 40.71% of the company’s stock.

About J.Jill

J.Jill is a women’s apparel retailer specializing in modern, versatile clothing and accessories. The company designs and markets a range of products that emphasize comfort and style, including knitwear, woven tops, pants, dresses, outerwear, jewelry, and footwear. Through its in-house design team, J.Jill focuses on creating seasonal collections that appeal to women seeking effortless, mix-and-match wardrobes.

Products are sold through a multi-channel distribution network comprising company-operated boutiques, e-commerce platforms, and catalog sales.