Smith Group Asset Management LLC Acquires Shares of 14,866 J.Jill, Inc. (NYSE:JILL)

Smith Group Asset Management LLC bought a new position in shares of J.Jill, Inc. (NYSE:JILL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 14,866 shares of the specialty retailer’s stock, valued at approximately $367,000. Smith Group Asset Management LLC owned about 0.14% of J.Jill at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of J.Jill in the second quarter valued at about $26,000. CWM LLC purchased a new stake in shares of J.Jill in the 2nd quarter valued at approximately $29,000. Meeder Asset Management Inc. purchased a new stake in shares of J.Jill in the 2nd quarter valued at approximately $34,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of J.Jill during the 2nd quarter worth approximately $81,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of J.Jill during the 1st quarter valued at approximately $201,000. 40.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at J.Jill

In other J.Jill news, CFO Mark W. Webb sold 1,348 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $32.31, for a total transaction of $43,553.88. Following the sale, the chief financial officer now owns 107,808 shares in the company, valued at $3,483,276.48. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

JILL has been the subject of several recent analyst reports. Telsey Advisory Group reissued a “market perform” rating and set a $38.00 target price on shares of J.Jill in a research note on Wednesday, September 4th. TD Cowen reduced their price objective on shares of J.Jill from $37.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday, September 5th. BTIG Research assumed coverage on shares of J.Jill in a research note on Wednesday, July 10th. They set a “buy” rating and a $44.00 target price for the company. Finally, Jefferies Financial Group reduced their price target on shares of J.Jill from $44.00 to $40.00 and set a “buy” rating on the stock in a research note 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.33.

J.Jill Stock Performance

NYSE JILL opened at $24.89 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.89 and a quick ratio of 0.44. The company has a market cap of $267.52 million, a P/E ratio of 7.43 and a beta of 0.60. The stock has a 50-day moving average of $26.57 and a two-hundred day moving average of $30.76. J.Jill, Inc. has a 1-year low of $23.06 and a 1-year high of $40.61.

J.Jill (NYSE:JILL) last posted 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. 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 quarter last year, the firm posted $1.10 earnings per share. As a group, analysts anticipate that J.Jill, Inc. will post 3.31 EPS for the current year.

J.Jill Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 18th were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.12%. The ex-dividend date was Wednesday, September 18th. J.Jill’s payout ratio is currently 8.36%.

J.Jill 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.