Hillsdale Investment Management Inc. Has $152,000 Holdings in J.Jill, Inc. (NYSE:JILL)

Hillsdale Investment Management Inc. decreased its stake in J.Jill, Inc. (NYSE:JILL) by 12.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,500 shares of the specialty retailer’s stock after selling 800 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in J.Jill were worth $152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in JILL. Victory Capital Management Inc. acquired a new stake in J.Jill in the third quarter worth $290,000. Quest Partners LLC acquired a new stake in J.Jill during the 3rd quarter worth $288,000. Charles Schwab Investment Management Inc. lifted its holdings in J.Jill by 502.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 77,144 shares of the specialty retailer’s stock worth $1,903,000 after acquiring an additional 64,335 shares in the last quarter. State Street Corp increased its holdings in shares of J.Jill by 1.2% in the third quarter. State Street Corp now owns 106,388 shares of the specialty retailer’s stock worth $2,632,000 after acquiring an additional 1,267 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of J.Jill during the third quarter worth about $256,000. Institutional investors and hedge funds own 40.71% of the company’s stock.

Insiders Place Their Bets

In other J.Jill news, CEO Claire Spofford sold 5,000 shares of the business’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 transaction of $132,850.00. Following the transaction, the chief executive officer now owns 132,205 shares of the company’s stock, valued at $3,512,686.85. The trade was a 3.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 6.70% of the company’s stock.

J.Jill Stock Performance

Shares of J.Jill stock opened at $19.05 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.97 and a quick ratio of 0.49. The firm has a market cap of $292.15 million, a price-to-earnings ratio of 6.73 and a beta of 0.55. The stock’s 50-day moving average is $24.03 and its 200-day moving average is $25.18. J.Jill, Inc. has a one year low of $17.31 and a one year high of $40.61.

J.Jill (NYSE:JILL) last released its earnings results on Wednesday, March 19th. The specialty retailer reported $0.32 EPS for the quarter, beating the consensus estimate of $0.22 by $0.10. The firm had revenue of $94.75 million for the quarter, compared to analysts’ expectations of $142.33 million. J.Jill had a return on equity of 71.30% and a net margin of 6.80%. Equities analysts predict that J.Jill, Inc. will post 3.36 earnings per share for the current fiscal year.

J.Jill Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 2nd will be paid a $0.08 dividend. This is a positive change from J.Jill’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a yield of 1.68%. The ex-dividend date is Wednesday, April 2nd. J.Jill’s payout ratio is presently 12.12%.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reissued a “market perform” rating and set a $31.00 target price on shares of J.Jill in a research note on Wednesday, March 19th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $38.20.

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.