Resolute Capital Asset Partners LLC Acquires New Holdings in J.Jill, Inc. (NYSE:JILL)

Resolute Capital Asset Partners LLC bought a new stake in J.Jill, Inc. (NYSE:JILL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 50,000 shares of the specialty retailer's stock, valued at approximately $1,749,000. Resolute Capital Asset Partners LLC owned about 0.47% of J.Jill as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CWM LLC bought a new stake in shares of J.Jill in the 2nd quarter worth approximately $29,000. Meeder Asset Management Inc. bought a new stake in J.Jill in the second quarter worth $34,000. Allspring Global Investments Holdings LLC purchased a new stake in J.Jill during the second quarter valued at about $81,000. Hillsdale Investment Management Inc. bought a new position in shares of J.Jill during the fourth quarter valued at about $155,000. Finally, Russell Investments Group Ltd. purchased a new position in shares of J.Jill in the fourth quarter worth about $165,000. Hedge funds and other institutional investors own 40.71% of the company's stock.

J.Jill Trading Up 0.0 %

JILL stock traded up $0.01 on Thursday, reaching $25.56. The company's stock had a trading volume of 163,509 shares, compared to its average volume of 136,596. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.44 and a current ratio of 0.89. The business has a fifty day simple moving average of $33.47 and a two-hundred day simple moving average of $31.42. The firm has a market cap of $274.72 million, a PE ratio of 7.72 and a beta of 0.61. J.Jill, Inc. has a 12-month low of $23.06 and a 12-month high of $40.61.

J.Jill (NYSE:JILL - Get Free Report) last posted its earnings results on Wednesday, September 4th. The specialty retailer reported $1.05 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 analysts' expectations of $155.13 million. During the same period last year, the company posted $1.10 EPS. As a group, research analysts forecast that J.Jill, Inc. will post 3.31 EPS for the current year.

J.Jill Announces Dividend

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 paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, September 18th. J.Jill's payout ratio is presently 8.36%.

Analyst Ratings Changes

Several brokerages recently weighed in on JILL. 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 dropped their price objective on 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 initiated coverage on shares of J.Jill in a research note on Wednesday, July 10th. They issued a "buy" rating and a $44.00 target price on the stock. TD Cowen lowered their price target on shares of J.Jill from $37.00 to $32.00 and set a "hold" rating for the company in a report on Thursday, September 5th. Finally, Lake Street Capital raised their price target on shares of J.Jill from $38.00 to $44.00 and gave the stock a "buy" rating in a report on Monday, June 10th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, J.Jill has a consensus rating of "Moderate Buy" and a consensus price target of $39.33.

Insider Activity at J.Jill

In related news, CFO Mark W. Webb sold 1,352 shares of the business's stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $33.74, for a total transaction of $45,616.48. Following the sale, the chief financial officer now owns 108,576 shares of the company's stock, valued at $3,663,354.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other J.Jill news, CFO Mark W. Webb sold 1,352 shares of J.Jill stock in a transaction on Monday, July 8th. The stock was sold at an average price of $33.74, for a total transaction of $45,616.48. Following the completion of the transaction, the chief financial officer now owns 108,576 shares in the company, valued at $3,663,354.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mark W. Webb sold 1,348 shares of the stock in a transaction on Monday, August 5th. The stock was sold at an average price of $32.31, for a total value of $43,553.88. Following the completion of the sale, the chief financial officer now directly owns 107,808 shares in the company, valued at $3,483,276.48. The disclosure for this sale can be found here. Insiders have sold 27,538 shares of company stock worth $947,187 over the last ninety days. 6.70% of the stock is owned by corporate 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 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.