Anchor Capital Advisors LLC Buys Shares of 29,169 J.Jill, Inc. (NYSE:JILL)

Anchor Capital Advisors LLC acquired a new position in shares of J.Jill, Inc. (NYSE:JILL - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 29,169 shares of the specialty retailer's stock, valued at approximately $1,020,000. Anchor Capital Advisors LLC owned approximately 0.27% of J.Jill as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. bought a new position in J.Jill in the fourth quarter valued at $165,000. Jump Financial LLC increased its position in shares of J.Jill by 159.1% in the fourth quarter. Jump Financial LLC now owns 18,192 shares of the specialty retailer's stock valued at $469,000 after acquiring an additional 11,172 shares during the last quarter. Boston Partners increased its position in shares of J.Jill by 25.9% in the fourth quarter. Boston Partners now owns 146,008 shares of the specialty retailer's stock valued at $3,764,000 after acquiring an additional 30,072 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in J.Jill by 17.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,774 shares of the specialty retailer's stock worth $587,000 after acquiring an additional 3,448 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in J.Jill during the fourth quarter valued at approximately $703,000. 40.71% of the stock is currently owned by institutional investors.

Insider Activity

In other J.Jill news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $31.00, for a total transaction of $40,300,000.00. Following the transaction, the director now owns 4,021,444 shares in the company, valued at approximately $124,664,764. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Investors Ltd. Towerbrook sold 1,300,000 shares of the company's stock in a transaction on Friday, June 14th. The stock was sold at an average price of $31.00, for a total transaction of $40,300,000.00. Following the completion of the sale, the director now directly owns 4,021,444 shares in the company, valued at approximately $124,664,764. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Mark W. Webb sold 1,352 shares of the firm's stock in a transaction on Monday, July 8th. The stock was sold at an average price of $33.74, for a total value of $45,616.48. Following the completion of the transaction, the chief financial officer now owns 108,576 shares in the company, valued at approximately $3,663,354.24. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,327,538 shares of company stock valued at $41,247,187. 6.70% of the stock is owned by company insiders.

J.Jill Stock Performance

Shares of NYSE JILL traded up $0.86 during mid-day trading on Monday, reaching $25.50. 347,694 shares of the company were exchanged, compared to its average volume of 132,465. J.Jill, Inc. has a twelve month low of $23.06 and a twelve month high of $40.61. The stock has a market capitalization of $274.13 million, a P/E ratio of 7.36 and a beta of 0.61. The company's 50-day simple moving average is $34.98 and its 200-day simple moving average is $31.46. The company has a quick ratio of 0.44, a current ratio of 0.89 and a debt-to-equity ratio of 0.76.

J.Jill (NYSE:JILL - Get Free Report) last issued its quarterly earnings data on Wednesday, September 4th. The specialty retailer reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.11. J.Jill had a net margin of 6.70% and a return on equity of 90.61%. The firm had revenue of $155.24 million during the quarter, compared to the consensus estimate of $155.13 million. During the same period last year, the business posted $1.10 earnings per share. As a group, research analysts predict that J.Jill, Inc. will post 3.31 earnings per share for the current year.

J.Jill Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 18th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Wednesday, September 18th. J.Jill's dividend payout ratio is currently 8.36%.

Wall Street Analyst Weigh In

JILL has been the topic of several recent analyst reports. Lake Street Capital boosted their price target on J.Jill from $38.00 to $44.00 and gave the stock a "buy" rating in a research report on Monday, June 10th. Telsey Advisory Group restated a "market perform" rating and set a $38.00 target price on shares of J.Jill in a report on Wednesday, September 4th. Jefferies Financial Group cut their price target on shares of J.Jill from $44.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, September 4th. BTIG Research began coverage on shares of J.Jill in a research note on Wednesday, July 10th. They set a "buy" rating and a $44.00 price objective on the stock. Finally, TD Cowen cut their target price on shares of J.Jill from $37.00 to $32.00 and set a "hold" rating for the company in a research note on Thursday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, J.Jill has an average rating of "Moderate Buy" and an average price target of $39.33.

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.