J.Jill (NYSE:JILL) Receives “Market Perform” Rating from Telsey Advisory Group

J.Jill (NYSE:JILL)‘s stock had its “market perform” rating reissued by equities researchers at Telsey Advisory Group in a report issued on Wednesday,Benzinga reports. They currently have a $31.00 price objective on the specialty retailer’s stock. Telsey Advisory Group’s price objective indicates a potential upside of 66.46% from the company’s previous close.

J.Jill Stock Down 1.3 %

NYSE:JILL opened at $18.62 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.49 and a current ratio of 0.97. The company has a market cap of $285.68 million, a PE ratio of 6.58 and a beta of 0.55. J.Jill has a 52-week low of $18.04 and a 52-week high of $40.61. The stock has a 50-day simple moving average of $24.71 and a 200 day simple moving average of $25.49.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.10. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. On average, sell-side analysts expect that J.Jill will post 3.36 EPS for the current fiscal year.

Insider Buying and Selling at J.Jill

In other J.Jill news, CEO Claire Spofford sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total value of $132,850.00. Following the completion of the transaction, the chief executive officer now directly owns 132,205 shares in the company, valued at $3,512,686.85. This trade represents a 3.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 6.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Divisadero Street Capital Management LP grew its stake in J.Jill by 6.1% in the fourth 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 in the last quarter. Paradigm Capital Management Inc. NY lifted its position in shares of J.Jill by 45.0% in 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 last quarter. Royce & Associates LP lifted its position in shares of J.Jill by 36.4% in 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 lifted its position in shares of J.Jill by 48.1% in 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 lifted its position in shares of J.Jill by 8.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 235,802 shares of the specialty retailer’s stock valued at $6,511,000 after buying an additional 18,061 shares during the last quarter. 40.71% of the stock is currently owned by institutional investors.

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.