Boston Partners Trims Stake in J.Jill, Inc. (NYSE:JILL)

Boston Partners cut its stake in shares of J.Jill, Inc. (NYSE:JILL) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 133,580 shares of the specialty retailer’s stock after selling 7,732 shares during the period. Boston Partners owned about 1.26% of J.Jill worth $2,863,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JILL. State of Tennessee Treasury Department lifted its stake in shares of J.Jill by 11.1% during the 1st quarter. State of Tennessee Treasury Department now owns 6,073 shares of the specialty retailer’s stock valued at $158,000 after buying an additional 605 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of J.Jill by 7.5% during the first quarter. Bank of New York Mellon Corp now owns 15,873 shares of the specialty retailer’s stock worth $413,000 after purchasing an additional 1,105 shares in the last quarter. State Street Corp raised its stake in J.Jill by 9.1% during the 1st quarter. State Street Corp now owns 15,575 shares of the specialty retailer’s stock valued at $406,000 after purchasing an additional 1,300 shares during the period. UBS Group AG lifted its holdings in J.Jill by 933.0% in the 4th quarter. UBS Group AG now owns 1,849 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 1,670 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in J.Jill by 12,780.0% in the 1st quarter. Bank of America Corp DE now owns 1,932 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 1,917 shares in the last quarter. Hedge funds and other institutional investors own 33.63% of the company’s stock.

J.Jill Price Performance

JILL stock opened at $31.30 on Tuesday. The company has a fifty day simple moving average of $28.59 and a two-hundred day simple moving average of $24.37. J.Jill, Inc. has a 52 week low of $18.85 and a 52 week high of $32.26. The company has a quick ratio of 0.60, a current ratio of 0.98 and a debt-to-equity ratio of 7.86. The firm has a market capitalization of $331.87 million, a P/E ratio of 15.12 and a beta of 1.06.

J.Jill (NYSE:JILL) last posted its quarterly earnings data on Thursday, August 31st. The specialty retailer reported $1.10 EPS for the quarter, topping the consensus estimate of $0.80 by $0.30. J.Jill had a net margin of 4.95% and a return on equity of 835.50%. The company had revenue of $155.67 million during the quarter, compared to analyst estimates of $152.40 million. During the same period in the previous year, the firm earned $1.24 earnings per share. Analysts anticipate that J.Jill, Inc. will post 2.83 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, B. Riley assumed coverage on shares of J.Jill in a report on Wednesday, October 11th. They set a “buy” rating and a $35.00 price objective for the company.

Insiders Place Their Bets

In related news, major shareholder Fund 1 Investments, Llc sold 27,743 shares of the firm’s stock in a transaction that occurred on Tuesday, October 17th. The stock was sold at an average price of $29.55, for a total transaction of $819,805.65. Following the completion of the sale, the insider now directly owns 1,105,357 shares of the company’s stock, valued at approximately $32,663,299.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.50% of the stock is owned by insiders.

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 casual wear, athletic wear, and loungewear; footwear; and accessories, including scarves and jewelry. The company markets its products through retail stores, website, and catalogs.