Charles Schwab Investment Management Inc. Raises Position in J.Jill, Inc. (NYSE:JILL)

Charles Schwab Investment Management Inc. lifted its position in J.Jill, Inc. (NYSE:JILL - Free Report) by 502.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,144 shares of the specialty retailer's stock after purchasing an additional 64,335 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.51% of J.Jill worth $1,903,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Marshall Wace LLP grew its holdings in shares of J.Jill by 539.4% during the 2nd quarter. Marshall Wace LLP now owns 304,273 shares of the specialty retailer's stock valued at $10,640,000 after purchasing an additional 256,687 shares during the last quarter. Divisadero Street Capital Management LP purchased a new position in shares of J.Jill in the second quarter worth about $7,120,000. Paradigm Capital Management Inc. NY increased its holdings in shares of J.Jill by 109.3% in the second quarter. Paradigm Capital Management Inc. NY now owns 346,856 shares of the specialty retailer's stock worth $12,130,000 after buying an additional 181,116 shares during the period. Royce & Associates LP lifted its stake in shares of J.Jill by 39.3% in the 3rd quarter. Royce & Associates LP now owns 422,463 shares of the specialty retailer's stock valued at $10,422,000 after acquiring an additional 119,282 shares during the last quarter. Finally, Ghisallo Capital Management LLC purchased a new stake in J.Jill during the 2nd quarter valued at about $3,147,000. 40.71% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 shares were 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. This represents a 6.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Claire Spofford sold 6,601 shares of J.Jill stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $28.75, for a total transaction of $189,778.75. Following the transaction, the chief executive officer now owns 161,812 shares of the company's stock, valued at $4,652,095. The trade was a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.70% of the stock is currently owned by company insiders.

J.Jill Trading Up 1.6 %

NYSE JILL traded up $0.44 during trading on Tuesday, hitting $27.12. The company had a trading volume of 225,259 shares, compared to its average volume of 135,394. The company's fifty day moving average is $25.83 and its 200-day moving average is $30.20. J.Jill, Inc. has a one year low of $23.06 and a one year high of $40.61. The company has a current ratio of 0.89, a quick ratio of 0.44 and a debt-to-equity ratio of 0.76. The company has a market cap of $416.02 million, a price-to-earnings ratio of 9.58 and a beta of 0.64.

J.Jill Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, December 26th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Thursday, December 26th. J.Jill's payout ratio is currently 9.89%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on JILL. Telsey Advisory Group reiterated a "market perform" rating and issued a $31.00 price objective on shares of J.Jill in a research report on Thursday, December 12th. TD Cowen dropped their price target on shares of J.Jill from $37.00 to $32.00 and set a "hold" rating for the company in a research report on Thursday, September 5th. Finally, Jefferies Financial Group decreased their price objective on shares of J.Jill from $44.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $38.17.

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.