Y Intercept Hong Kong Ltd Purchases New Shares in J.Jill, Inc. (NYSE:JILL)

Y Intercept Hong Kong Ltd acquired a new stake in J.Jill, Inc. (NYSE:JILL) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 24,574 shares of the specialty retailer’s stock, valued at approximately $606,000. Y Intercept Hong Kong Ltd owned approximately 0.16% of J.Jill at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ritholtz Wealth Management raised its holdings in shares of J.Jill by 2.3% during the 2nd quarter. Ritholtz Wealth Management now owns 13,664 shares of the specialty retailer’s stock worth $478,000 after buying an additional 312 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of J.Jill during the 2nd quarter worth $26,000. CWM LLC acquired a new position in shares of J.Jill during the 2nd quarter worth $29,000. American Century Companies Inc. raised its holdings in shares of J.Jill by 13.8% during the 2nd quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer’s stock worth $268,000 after buying an additional 930 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new position in shares of J.Jill during the 2nd quarter worth $34,000. 40.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at J.Jill

In other J.Jill news, CFO Mark W. Webb sold 6,740 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $28.54, for a total value of $192,359.60. Following the sale, the chief financial officer now owns 97,188 shares in the company, valued at approximately $2,773,745.52. The trade was a 6.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 6.70% of the company’s stock.

J.Jill Trading Down 5.7 %

NYSE JILL opened at $26.63 on Friday. The business’s 50-day moving average price is $25.71 and its two-hundred day moving average price is $30.32. J.Jill, Inc. has a 12 month low of $23.06 and a 12 month high of $40.61. The firm has a market capitalization of $401.58 million, a PE ratio of 9.41 and a beta of 0.64. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76.

J.Jill Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a $0.07 dividend. The ex-dividend date is Thursday, December 26th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.05%. J.Jill’s dividend payout ratio (DPR) is presently 9.89%.

Wall Street Analyst Weigh In

JILL has been the subject of a number of research analyst reports. Telsey Advisory Group reissued a “market perform” rating and set a $31.00 price target on shares of J.Jill in a report on Thursday. Jefferies Financial Group lowered their target price on J.Jill from $44.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, September 4th. Finally, TD Cowen lowered their target price on J.Jill from $37.00 to $32.00 and set a “hold” rating for the company in a report on Thursday, September 5th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, J.Jill currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.17.

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.