Quest Partners LLC Takes $288,000 Position in J.Jill, Inc. (NYSE:JILL)

Quest Partners LLC acquired a new position in J.Jill, Inc. (NYSE:JILL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,669 shares of the specialty retailer’s stock, valued at approximately $288,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JILL. Acadian Asset Management LLC purchased a new position in shares of J.Jill in the first quarter worth about $201,000. Virtu Financial LLC purchased a new position in J.Jill in the 1st quarter valued at approximately $317,000. CWM LLC bought a new stake in J.Jill during the 2nd quarter valued at $29,000. SG Americas Securities LLC purchased a new stake in shares of J.Jill during the second quarter worth $1,035,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of J.Jill in the second quarter worth $81,000. 40.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on JILL shares. Telsey Advisory Group reiterated a “market perform” rating and set a $38.00 price objective on shares of J.Jill in a research note on Wednesday, September 4th. Jefferies Financial Group lowered their price target on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, September 4th. Finally, TD Cowen reduced their price objective on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating for the company in a research note on Thursday, September 5th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $39.33.

J.Jill Stock Performance

Shares of JILL opened at $27.86 on Tuesday. J.Jill, Inc. has a 12-month low of $23.06 and a 12-month high of $40.61. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. The company has a market cap of $420.13 million, a PE ratio of 9.84 and a beta of 0.61. The stock has a 50-day moving average price of $24.92 and a 200-day moving average price of $30.64.

J.Jill (NYSE:JILL) last announced its earnings results 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. The business had revenue of $155.24 million during the quarter, compared to analyst estimates of $155.13 million. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. During the same period in the previous year, the business posted $1.10 earnings per share. As a group, equities analysts forecast that J.Jill, Inc. will post 3.31 earnings per share for the current fiscal year.

J.Jill Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 18th were paid a $0.07 dividend. The ex-dividend date was Wednesday, September 18th. This represents a $0.28 dividend on an annualized basis and a yield of 1.01%. J.Jill’s dividend payout ratio is presently 9.89%.

Insider Buying and Selling at J.Jill

In other J.Jill news, CFO Mark W. Webb sold 1,348 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $27.10, for a total value of $36,530.80. Following the completion of the sale, the chief financial officer now owns 105,112 shares of the company’s stock, valued at $2,848,535.20. This represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 6.70% of the company’s stock.

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.