American Century Companies Inc. Grows Stock Position in J.Jill, Inc. (NYSE:JILL)

American Century Companies Inc. increased its holdings in shares of J.Jill, Inc. (NYSE:JILL) by 13.8% during the second quarter, HoldingsChannel reports. The fund owned 7,676 shares of the specialty retailer’s stock after buying an additional 930 shares during the period. American Century Companies Inc.’s holdings in J.Jill were worth $268,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Anchor Capital Advisors LLC acquired a new position in J.Jill during the second quarter worth $1,020,000. Los Angeles Capital Management LLC acquired a new position in J.Jill during the second quarter worth $301,000. Privium Fund Management UK Ltd acquired a new position in J.Jill during the second quarter worth $1,097,000. Ritholtz Wealth Management grew its holdings in J.Jill by 2.3% during the second quarter. Ritholtz Wealth Management now owns 13,664 shares of the specialty retailer’s stock worth $478,000 after acquiring an additional 312 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in J.Jill during the second quarter worth $81,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

Insider Activity

In other news, CFO Mark W. Webb sold 1,348 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the sale, the chief financial officer now directly owns 107,808 shares in the company, valued at $3,483,276.48. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Mark W. Webb sold 1,348 shares of the 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 approximately $3,483,276.48. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Claire Spofford sold 10,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was sold at an average price of $33.76, for a total value of $337,600.00. Following the transaction, the chief executive officer now owns 204,961 shares in the company, valued at $6,919,483.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,538 shares of company stock worth $947,187 over the last three months. 6.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

JILL has been the topic of a number of recent analyst reports. Telsey Advisory Group reaffirmed a “market perform” rating and set a $38.00 price objective on shares of J.Jill in a report on Wednesday, September 4th. BTIG Research assumed coverage on J.Jill in a report on Wednesday, July 10th. They issued a “buy” rating and a $44.00 target price on the stock. TD Cowen lowered their target price on J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. Lake Street Capital upped their target price on J.Jill from $38.00 to $44.00 and gave the company a “buy” rating in a report on Monday, June 10th. Finally, Jefferies Financial Group lowered their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, J.Jill presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.33.

J.Jill Stock Up 2.0 %

Shares of NYSE:JILL opened at $24.54 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76. J.Jill, Inc. has a 52-week low of $23.06 and a 52-week high of $40.61. The stock’s fifty day simple moving average is $30.50 and its 200-day simple moving average is $31.32. The company has a market capitalization of $263.76 million, a P/E ratio of 7.38 and a beta of 0.61.

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

J.Jill Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 18th were given a $0.07 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $0.28 annualized dividend and a dividend yield of 1.14%. J.Jill’s dividend payout ratio is currently 8.36%.

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.