Janney Montgomery Scott LLC Increases Holdings in J.Jill, Inc. (NYSE:JILL)

Janney Montgomery Scott LLC lifted its stake in J.Jill, Inc. (NYSE:JILL) by 6.2% in the 1st quarter, HoldingsChannel reports. The firm owned 29,900 shares of the specialty retailer’s stock after buying an additional 1,750 shares during the quarter. Janney Montgomery Scott LLC’s holdings in J.Jill were worth $584,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Divisadero Street Capital Management LP increased its position in shares of J.Jill by 6.1% during the 4th quarter. Divisadero Street Capital Management LP now owns 1,592,886 shares of the specialty retailer’s stock valued at $43,996,000 after purchasing an additional 91,545 shares during the last quarter. Paradigm Capital Management Inc. NY grew its position in J.Jill by 45.0% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 921,300 shares of the specialty retailer’s stock valued at $25,446,000 after buying an additional 285,715 shares during the period. Royce & Associates LP increased its holdings in J.Jill by 36.4% during the fourth quarter. Royce & Associates LP now owns 576,031 shares of the specialty retailer’s stock valued at $15,910,000 after buying an additional 153,568 shares during the last quarter. Fund 1 Investments LLC increased its holdings in J.Jill by 48.1% during the fourth quarter. Fund 1 Investments LLC now owns 298,429 shares of the specialty retailer’s stock valued at $8,243,000 after buying an additional 96,982 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in J.Jill by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 235,802 shares of the specialty retailer’s stock worth $6,511,000 after acquiring an additional 18,061 shares during the period. 40.71% of the stock is currently owned by hedge funds and other institutional investors.

J.Jill Trading Up 1.7%

Shares of NYSE:JILL opened at $15.46 on Thursday. The business’s 50-day moving average is $15.62 and its 200 day moving average is $20.37. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.99 and a quick ratio of 0.50. J.Jill, Inc. has a 1 year low of $13.36 and a 1 year high of $40.00. The firm has a market capitalization of $236.24 million, a P/E ratio of 6.90 and a beta of 0.47.

J.Jill (NYSE:JILL) last announced its quarterly earnings data on Wednesday, June 11th. The specialty retailer reported $0.88 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.88. J.Jill had a return on equity of 46.94% and a net margin of 5.72%. The business had revenue of $153.62 million for the quarter, compared to analyst estimates of $156.90 million. During the same period in the prior year, the company earned $1.22 earnings per share. On average, research analysts predict that J.Jill, Inc. will post 3.36 earnings per share for the current fiscal year.

J.Jill Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th will be given a dividend of $0.08 per share. The ex-dividend date is Wednesday, June 25th. This represents a $0.32 dividend on an annualized basis and a yield of 2.07%. J.Jill’s dividend payout ratio is currently 14.29%.

Wall Street Analyst Weigh In

A number of brokerages have commented on JILL. Jefferies Financial Group reduced their price target on J.Jill from $33.00 to $26.00 and set a “buy” rating for the company in a research report on Wednesday, May 21st. BTIG Research set a $30.00 target price on shares of J.Jill and gave the stock a “buy” rating in a report on Wednesday, June 11th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $21.00 target price on shares of J.Jill in a research note on Wednesday, June 11th.

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.