Geode Capital Management LLC Grows Stock Holdings in J.Jill, Inc. (NYSE:JILL)

Geode Capital Management LLC lifted its holdings in J.Jill, Inc. (NYSE:JILL - Free Report) by 28.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,762 shares of the specialty retailer's stock after purchasing an additional 31,265 shares during the period. Geode Capital Management LLC owned about 0.93% of J.Jill worth $3,473,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in J.Jill in the 2nd quarter worth about $26,000. Meeder Asset Management Inc. acquired a new stake in shares of J.Jill in the second quarter worth approximately $34,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of J.Jill during the second quarter worth approximately $81,000. Banque Cantonale Vaudoise raised its stake in J.Jill by 58.4% in the 3rd quarter. Banque Cantonale Vaudoise now owns 6,272 shares of the specialty retailer's stock valued at $155,000 after purchasing an additional 2,312 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in J.Jill by 13.8% in the 2nd quarter. American Century Companies Inc. now owns 7,676 shares of the specialty retailer's stock valued at $268,000 after purchasing an additional 930 shares during the last quarter. 40.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Telsey Advisory Group reaffirmed a "market perform" rating and set a $31.00 target price on shares of J.Jill in a report on Thursday, December 12th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $38.17.

Insider Activity

In related news, CEO Claire Spofford sold 5,000 shares of the business's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $26.98, for a total value of $134,900.00. Following the sale, the chief executive officer now directly owns 151,812 shares in the company, valued at approximately $4,095,887.76. The trade was a 3.19 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $192,359.60. Following the completion of the transaction, the chief financial officer now directly owns 97,188 shares in the company, valued at $2,773,745.52. The trade was a 6.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,341 shares of company stock valued at $517,038 in the last 90 days. Company insiders own 6.70% of the company's stock.

J.Jill Trading Down 2.1 %

NYSE JILL traded down $0.60 on Tuesday, reaching $27.31. 92,907 shares of the company were exchanged, compared to its average volume of 80,952. J.Jill, Inc. has a fifty-two week low of $23.06 and a fifty-two week high of $40.61. The stock has a market capitalization of $418.94 million, a P/E ratio of 9.65 and a beta of 0.69. The business's fifty day moving average price is $26.52 and its 200 day moving average price is $29.31. The company has a current ratio of 0.97, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67.

J.Jill Announces Dividend

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

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.