Point72 Asia Singapore Pte. Ltd. Acquires Shares of 730 J.Jill, Inc. (NYSE:JILL)

Point72 Asia Singapore Pte. Ltd. acquired a new position in J.Jill, Inc. (NYSE:JILL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 730 shares of the specialty retailer’s stock, valued at approximately $26,000.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC acquired a new position in J.Jill in the second quarter valued at approximately $29,000. Meeder Asset Management Inc. acquired a new position in shares of J.Jill in the 2nd quarter valued at $34,000. Allspring Global Investments Holdings LLC purchased a new stake in J.Jill during the second quarter worth $81,000. Acadian Asset Management LLC acquired a new stake in J.Jill during the first quarter valued at $201,000. Finally, American Century Companies Inc. increased its holdings in J.Jill by 13.8% in the second quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer’s stock valued at $268,000 after buying an additional 930 shares in the last quarter. Hedge funds and other institutional investors own 40.71% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. TD Cowen lowered their target price on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a research note on Thursday, September 5th. Telsey Advisory Group reiterated a “market perform” rating and set a $38.00 price target on shares of J.Jill in a research report on Wednesday, September 4th. Lake Street Capital raised their price objective on J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a report on Monday, June 10th. Jefferies Financial Group reduced their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, September 4th. Finally, BTIG Research started coverage on shares of J.Jill in a research note on Wednesday, July 10th. They issued a “buy” rating and a $44.00 price target on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, J.Jill has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

J.Jill Stock Performance

NYSE JILL opened at $24.51 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44. The stock’s 50 day simple moving average is $31.06 and its 200-day simple moving average is $31.42. The company has a market cap of $263.43 million, a PE ratio of 7.32 and a beta of 0.61. J.Jill, Inc. has a 1-year low of $23.06 and a 1-year high of $40.61.

J.Jill (NYSE:JILL) last announced its quarterly earnings data on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.11. J.Jill had a return on equity of 90.61% and a net margin of 6.70%. The company had revenue of $155.24 million for the quarter, compared to analyst estimates of $155.13 million. During the same quarter last year, the firm posted $1.10 EPS. As a group, equities research analysts anticipate that J.Jill, Inc. will post 3.31 EPS for the current fiscal year.

J.Jill Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, September 18th. This represents a $0.28 annualized dividend and a yield of 1.14%. J.Jill’s dividend payout ratio is presently 8.36%.

Insider Activity at J.Jill

In other news, CFO Mark W. Webb sold 1,348 shares of the business’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $32.31, for a total transaction of $43,553.88. Following the transaction, the chief financial officer now directly owns 107,808 shares in the company, valued at approximately $3,483,276.48. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CFO Mark W. Webb sold 1,352 shares of the firm’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $33.74, for a total transaction of $45,616.48. Following the completion of the sale, the chief financial officer now directly owns 108,576 shares in the company, valued at $3,663,354.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Mark W. Webb sold 1,348 shares of J.Jill stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $32.31, for a total transaction of $43,553.88. Following the transaction, the chief financial officer now directly owns 107,808 shares in the company, valued at $3,483,276.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,538 shares of company stock valued at $947,187. Corporate 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.