J.Jill’s (JILL) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of J.Jill (NYSE:JILL) in a research report released on Thursday morning,Benzinga reports. They currently have a $17.00 target price on the specialty retailer’s stock.

Other research analysts also recently issued research reports about the company. Jefferies Financial Group cut their price target on J.Jill from $22.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, September 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of J.Jill in a report on Wednesday, October 8th. Cowen reaffirmed a “hold” rating on shares of J.Jill in a research note on Thursday, September 4th. TD Cowen increased their price target on shares of J.Jill from $16.00 to $17.00 and gave the company a “hold” rating in a research report on Thursday, September 4th. Finally, Zacks Research raised shares of J.Jill from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $20.00.

J.Jill Stock Performance

J.Jill stock opened at $16.24 on Thursday. The company has a market cap of $247.34 million, a PE ratio of 6.79 and a beta of 0.90. The company has a current ratio of 1.11, a quick ratio of 0.64 and a debt-to-equity ratio of 0.58. J.Jill has a 1 year low of $13.32 and a 1 year high of $30.40. The company’s 50-day moving average is $15.39 and its two-hundred day moving average is $15.85.

J.Jill (NYSE:JILL) last posted its quarterly earnings results on Monday, January 8th. The specialty retailer reported $0.77 earnings per share for the quarter. J.Jill had a net margin of 6.12% and a return on equity of 40.48%. The business had revenue of $150.20 million during the quarter. Equities analysts anticipate that J.Jill will post 3.36 earnings per share for the current year.

J.Jill Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 24th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, December 24th. J.Jill’s payout ratio is 13.39%.

Institutional Trading of J.Jill

Several hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets boosted its holdings in shares of J.Jill by 83.1% in the third quarter. BNP Paribas Financial Markets now owns 1,483 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 673 shares during the period. Russell Investments Group Ltd. bought a new stake in J.Jill in the 1st quarter valued at $43,000. Copeland Capital Management LLC acquired a new position in J.Jill in the 2nd quarter worth $56,000. Rhumbline Advisers boosted its stake in J.Jill by 11.7% in the 1st quarter. Rhumbline Advisers now owns 7,908 shares of the specialty retailer’s stock worth $154,000 after purchasing an additional 829 shares during the period. Finally, Occudo Quantitative Strategies LP bought a new position in J.Jill during the 3rd quarter worth about $201,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

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.