Segall Bryant & Hamill LLC Buys Shares of 47,305 J.Jill, Inc. (NYSE:JILL)

Segall Bryant & Hamill LLC bought a new stake in shares of J.Jill, Inc. (NYSE:JILL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 47,305 shares of the specialty retailer’s stock, valued at approximately $1,167,000. Segall Bryant & Hamill LLC owned 0.31% of J.Jill as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Renaissance Technologies LLC increased its position in J.Jill by 7.0% during the 2nd quarter. Renaissance Technologies LLC now owns 480,056 shares of the specialty retailer’s stock valued at $16,788,000 after purchasing an additional 31,400 shares during the period. Royce & Associates LP grew its position in shares of J.Jill by 39.3% in the 3rd quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer’s stock worth $10,422,000 after buying an additional 119,282 shares during the last quarter. Paradigm Capital Management Inc. NY grew its position in shares of J.Jill by 109.3% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer’s stock worth $12,130,000 after buying an additional 181,116 shares during the last quarter. Marshall Wace LLP grew its position in shares of J.Jill by 539.4% in the 2nd quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer’s stock worth $10,640,000 after buying an additional 256,687 shares during the last quarter. Finally, Divisadero Street Capital Management LP purchased a new position in shares of J.Jill in the 2nd quarter worth approximately $7,120,000. Hedge funds and other institutional investors own 40.71% of the company’s stock.

J.Jill Stock Up 3.8 %

NYSE:JILL opened at $26.30 on Friday. The company has a market cap of $396.60 million, a PE ratio of 9.29 and a beta of 0.61. J.Jill, Inc. has a twelve month low of $23.06 and a twelve 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’s 50 day moving average is $24.87 and its two-hundred day moving average is $30.62.

J.Jill (NYSE:JILL) last announced its quarterly earnings data on Wednesday, September 4th. The specialty retailer reported $1.05 EPS for the quarter, beating the consensus estimate of $0.94 by $0.11. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. The business had revenue of $155.24 million during the quarter, compared to analysts’ expectations of $155.13 million. During the same period in the previous year, the business posted $1.10 EPS. Analysts anticipate that J.Jill, Inc. will post 3.31 EPS for the current year.

J.Jill Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 18th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was Wednesday, September 18th. J.Jill’s payout ratio is 9.89%.

Insider Buying and Selling at J.Jill

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

Analysts Set New Price Targets

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

About J.Jill

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.